Facilitates the marketing of serial bonds or notes of the city of Buffalo issued on or before June 30, 2027.
This bill 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. It permits the city to arrange for underwriting or private sales of these bonds or notes, subject to approval by the state comptroller. The cost of underwriting or private placement is considered a preliminary cost.
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- Overview
- Core Provisions
- Implementation
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- Legal Framework
- Critical Issues
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