105.00 – Exclusion of Indebtedness for Certain Assessable Improvements; Buffalo, Rochester and Syracuse.
§ 105.00 Exclusion of indebtedness for certain assessable improvements; Buffalo, Rochester and Syracuse. In ascertaining the power of the cities of Buffalo, Rochester and Syracuse to contract indebtedness, there may be excluded the outstanding indebtedness contracted by each of such cities for so much of the cost and expense of any public improvement as may […]
106.00 – When Debt-Contracting Power of Certain Counties and Towns Shall Cease.
§ 106.00 When debt-contracting power of certain counties and towns shall cease. a. Whenever the boundaries of any city are the same as those of a county, or when any city includes within its boundaries more than one county, the power of any county wholly included within such city to contract indebtedness shall cease. b. […]
107.00 – Down Payment.
§ 107.00 Down payment. a. As used in this section the term “current funds” shall include: 1. Budgetary appropriations for capital improvements or equipment, which appropriations have not lapsed. 2. The proceeds of capital notes issued for the payment of the cost of capital improvements or equipment. 3. Revenues other than real estate taxes or […]
108.00 – Financing of Safety Net Assistance on a Pay-as-You-Go Basis.
§ 108.00 Financing of safety net assistance on a pay-as-you-go basis. In the fiscal year of a county, city or town commencing during the calendar year nineteen hundred forty-four, and in each succeeding fiscal year, the total amount of the local share of safety net assistance of such a municipality shall be financed from moneys […]
90.00 – Refunding of Bonds.
§ 90.00 Refunding of bonds. a. 1. A municipality, school district or district corporation may issue serial bonds to refund bonds issued on or after January first, nineteen hundred thirty-nine, other than bonds issued to redeem notes, certificates or other evidences of indebtedness issued prior to January first, nineteen hundred thirty-nine, in anticipation of such […]
90.10 – Advance Refunding of Certain Bonds.
§ 90.10 Advance refunding of certain bonds. a. As used in this section: 1. The term “escrow contract” shall mean a contract entered into by and between a municipality, school district or district corporation and a bank or trust company pursuant to paragraph i of this section. 2. The term “escrow holder” shall mean the […]
91.00 – Refunding of Capital Notes.
§ 91.00 Refunding of capital notes. a. Where serial bonds have not been issued to finance any part of an object or purpose and such object or purpose has been financed by the issuance of a capital note, such capital note may be refunded by the issuance of serial bonds pursuant to this section. b. […]
92.00 – Refunding of Bond Anticipation Notes Issued by a School District Prior to Annexation or Consolidation.
§ 92.00 Refunding of bond anticipation notes issued by a school district prior to annexation or consolidation. a. Where serial bonds have been authorized by a school district to finance an object or purpose and in anticipation of the issuance of such bonds the school district has issued a bond anticipation note or notes and […]
93.00 – Refunding of Urban Renewal Notes.
§ 93.00 Refunding of urban renewal notes. a. To the extent that the moneys in anticipation of the receipt of which an urban renewal note or notes have been issued pursuant to section 25.10 of this chapter are not received by a municipality or are not received in an amount sufficient to redeem such notes […]
85.50 – Termination of Stay.
§ 85.50 Termination of stay. Any order extending a stay pursuant to section 85.40 of this title may be vacated or modified if, upon motion of any creditor affected thereby, the court finds, after a hearing: (a) that the municipality has failed to comply with a material provision of the repayment plan; or (b) that, […]