Bill Text: NY A04711 | 2017-2018 | General Assembly | Amended
Bill Title: Authorizes bond proceeds to be used for the construction and infrastructure improvements in the vicinity of the intersection of Michigan avenue and Broadway in the city of Buffalo.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2017-07-25 - signed chap.112 [A04711 Detail]
Download: New_York-2017-A04711-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 4711--A 2017-2018 Regular Sessions IN ASSEMBLY February 3, 2017 ___________ Introduced by M. of A. PEOPLES-STOKES -- read once and referred to the Committee on Cities -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT in relation to deeming the objects or purposes for which certain bonds were issued by the city of Buffalo to be for the construction of an archway and infrastructure improvements in the vicinity of the intersection of Michigan avenue and Broadway within said city and authorizing the expenditure of the proceeds from such bonds for such objects or purposes The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Legislative Findings. The legislature hereby finds and 2 determines that pursuant to a bond resolution dated February 21, 2012 3 adopted by the common council of the city of Buffalo, county of Erie, 4 (the "common council" and the "city" respectively) the city issued on 5 April 17, 2012, bonds in the principal amount of $150,000 sold as part 6 of general improvement serial bonds in the aggregate principal amount of 7 $21,640,000 to finance the cost of infrastructure improvements to the 8 archway at the intersection of Michigan avenue and Jefferson avenue 9 within the city. The legislature further finds and determines that said 10 resolution failed to include language regarding the construction of an 11 archway and to identify the accurate intersection within the city in 12 which such archway construction and such infrastructure improvements 13 were intended to be made. 14 § 2. Notwithstanding any other provision of law to the contrary, the 15 object or purposes for which said bonds were issued are hereby deemed to 16 be for the construction of an archway to be located in the vicinity of 17 the intersection of Michigan avenue and Broadway within the city in 18 addition to infrastructure improvements at the intersection of Michigan 19 avenue and Broadway consisting of a study, design, required sidewalk and 20 curb replacement, landscaping, tree trimming, and other required right EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD08912-02-7A. 4711--A 2 1 of way enhancements as mentioned in the aforesaid resolution and the 2 expenditure of the $150,000 proceeds of such bonds for such objects or 3 purposes is hereby authorized, validated, confirmed and ratified. 4 § 3. The authorization provided in section two of this act shall not 5 take effect until the common council of the city of Buffalo adopts a 6 resolution after the effective date of this act that shall be subject to 7 permissive referendum pursuant to section 23-11 of the charter of the 8 city of Buffalo as if the council had not already created a city debt. 9 In the event a successful petition is filed with the city clerk, the 10 authorization provided in section two of this act shall not take effect 11 unless such resolution is approved by the affirmative vote of a majority 12 of the qualified electors. 13 § 4. Separability. If any clause, sentence, paragraph, section or part 14 of this act shall be adjudged by any court of competent jurisdiction to 15 be invalid, such judgment shall not affect, impair, or invalidate the 16 remainder thereof, but shall be confined in its operation to the clause, 17 sentence, paragraph, section or part thereof directly involved in the 18 controversy in which such judgement shall have been rendered. 19 § 5. This act shall take effect immediately.