Bill Text: NY A03403 | 2011-2012 | General Assembly | Introduced
Bill Title: Authorizes the county of Westchester to issue serial bonds to finance certain payments over a period of five years for any costs associated with or related to the 2010 Early Retirement Incentive.
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2011-06-23 - substituted by s2374 [A03403 Detail]
Download: New_York-2011-A03403-Introduced.html
S T A T E O F N E W Y O R K
________________________________________________________________________
3403
2011-2012 Regular Sessions
I N A S S E M B L Y
January 25, 2011
___________
Introduced by M. of A. PRETLOW -- read once and referred to the Commit-
tee on Local Governments
AN ACT to authorize the county of Westchester to issue serial bonds to
finance certain payments over a period of five years
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
1 Section 1. The county of Westchester is hereby authorized to issue
2 serial bonds in an aggregate principal amount to be determined by the
3 Westchester county board of legislators, for a period of probable
4 usefulness not to exceed five years, which shall apply to the specific
5 object or purpose of payment, by the county of Westchester, of all costs
6 associated with or related to the 2010 Early Retirement Incentive. In
7 anticipation of the issuance and sale of such serial bonds, bond antic-
8 ipation notes are hereby authorized to be issued.
9 S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD07545-01-1
