New York A10643 amends the local finance law to facilitate the marketing of serial bonds or notes issued by the city of Buffalo before June 30, 2027.

New York A10643 amends the local finance law to allow the city of Buffalo to market any serial bonds or notes issued on or before June 30, 2027. The bill permits the city to arrange for the underwriting of these bonds or notes at a private sale through a negotiated agreement, with compensation for the underwriting provided by the city. The cost of such underwriting or private placement is considered a preliminary cost. The state comptroller must approve the terms and conditions of such sales.

New York A10643 amends the local finance law to facilitate the marketing of serial bonds or notes issued by the city of Buffalo before June 30, 2027.

New York A10643 amends the local finance law to allow the city of Buffalo to market any serial bonds or notes issued on or before June 30, 2027. The bill permits the city to arrange for the underwriting of these bonds or notes at a private sale through a negotiated agreement, with compensation for the underwriting provided by the city. The cost of such underwriting or private placement is considered a preliminary cost. The state comptroller must approve the terms and conditions of such sales.