Bill Text: NY S07495 | 2009-2010 | General Assembly | Introduced

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Bill Title: Authorizes Marlboro Central School District to issue serial bonds in an aggregate principal amount not to exceed eleven million dollars for a period of probable usefulness not to exceed thirty years.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2010-04-15 - REFERRED TO EDUCATION [S07495 Detail]

Download: New_York-2009-S07495-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         7495
                                   I N  S E N A T E
                                    April 15, 2010
                                      ___________
       Introduced  by  Sen.  LARKIN -- read twice and ordered printed, and when
         printed to be committed to the Committee on Education
       AN ACT in relation to authorizing the Marlboro Central  School  District
         to issue serial bonds
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. The Marlboro Central School District is  hereby  authorized
    2  to  issue  serial  bonds  in an aggregate principal amount not to exceed
    3  eleven million dollars, for a  period  of  probable  usefulness  not  to
    4  exceed  30 years, which shall apply to the specific object or purpose of
    5  payment, by the Marlboro Central  School  District,  in  the  county  of
    6  Ulster,  of judgments, compromised or settled claims, and all incidental
    7  costs associated  therewith  and  related  thereto,  in  tax  certiorari
    8  proceedings  of  Dynergy  Roseton, LLC. v. The Assessor and the Board of
    9  Assessment of the Town of Newburgh and the Town of Newburgh,  County  of
   10  Orange,  New  York  and the Marlboro Central School District and Dynergy
   11  Danskammer, LLC. v.  The Assessor and the Board  of  Assessment  of  the
   12  Town  of  Newburgh  and the Town of Newburgh, County of Orange, New York
   13  and the Marlboro  Central  School  District  and  any  related  judicial
   14  proceedings.
   15    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD16556-01-0