Bill Text: NY A10603 | 2011-2012 | General Assembly | Introduced
Bill Title: Authorizes the dormitory authority to construct and finance certain facilities of Xavier High School in New York City.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2012-06-21 - substituted by s5612 [A10603 Detail]
Download: New_York-2011-A10603-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 10603 I N A S S E M B L Y June 7, 2012 ___________ Introduced by COMMITTEE ON RULES -- (at request of M. of A. Kavanagh) -- read once and referred to the Committee on Corporations, Authorities and Commissions AN ACT to amend the public authorities law, in relation to authorizing the dormitory authority to construct and finance certain facilities of Xavier High School in New York City THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Paragraph (b) of subdivision 2 of section 1676 of the 2 public authorities law is amended by adding a new undesignated paragraph 3 to read as follows: 4 XAVIER HIGH SCHOOL, FOR THE FINANCING OR REFINANCING, OR REIMBURSEMENT 5 OF THE COSTS OF THE AQUISITION, DESIGN, CONSTRUCTION, RECONSTRUCTION, 6 REHABILITATION, IMPROVEMENT, FURNISHING AND EQUIPPING OF, OR OTHERWISE 7 PROVIDING FOR, XAVIER HIGH SCHOOL AT ITS FACILITY LOCATED AT 30 WEST 8 16TH STREET IN THE CITY OF NEW YORK, TO SERVE AS A SCHOOL FOR STUDENTS 9 IN GRADES NINE THROUGH TWELVE; PROVIDED, HOWEVER, THAT THE AGGREGATE SUM 10 OF ANY BONDS ISSUED FOR SUCH PURPOSE SHALL NOT EXCEED FIFTY-FIVE MILLION 11 DOLLARS. 12 S 2. Subdivision 1 of section 1680 of the public authorities law is 13 amended by adding a new undesignated paragraph to read as follows: 14 XAVIER HIGH SCHOOL, FOR THE FINANCING OR REFINANCING, OR REIMBURSEMENT 15 OF THE COSTS OF THE AQUISITION, DESIGN, CONSTRUCTION, RECONSTRUCTION, 16 REHABILITATION, IMPROVEMENT, FURNISHING AND EQUIPPING OF, OR OTHERWISE 17 PROVIDING FOR, XAVIER HIGH SCHOOL AT ITS FACILITY LOCATED AT 30 WEST 18 16TH STREET IN THE CITY OF NEW YORK, TO SERVE AS A SCHOOL FOR STUDENTS 19 IN GRADES NINE THROUGH TWELVE; PROVIDED, HOWEVER, THAT THE AGGREGATE SUM 20 OF ANY BONDS ISSUED FOR SUCH PURPOSE SHALL NOT EXCEED FIFTY-FIVE MILLION 21 DOLLARS. 22 S 3. Any contracts entered into by the dormitory authority pursuant to 23 this act shall be deemed state contracts within the meaning of that term 24 as set forth in article 15-A of the executive law, and the authority 25 shall be deemed, for the purposes of this act, a contracting agency as 26 that term is used in such article. 27 S 4. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10907-01-1