Extends provisions for bond sales, interest rate exchange agreements, and bond refunding for New York City.

This bill extends certain provisions relating to the sale of bonds and notes of the city of New York, the issuance of bonds or notes with variable rates of interest, interest rate exchange agreements, the refunding of bonds, and the down payment for projects financed by bonds. It also extends the New York state financial emergency act for the city of New York and makes further amendments relating to the effectiveness thereof. The bill specifies conditions under which bonds may be sold at private sale and outlines the authority of the finance board of the city of New York.

Extends provisions for bond sales, interest rate exchange agreements, and bond refunding for New York City.

This bill extends certain provisions relating to the sale of bonds and notes of the city of New York, the issuance of bonds or notes with variable rates of interest, interest rate exchange agreements, the refunding of bonds, and the down payment for projects financed by bonds. It also extends the New York state financial emergency act for the city of New York and makes further amendments relating to the effectiveness thereof. The bill specifies conditions under which bonds may be sold at private sale and outlines the authority of the finance board of the city of New York.