Bill Text: NY A10561 | 2015-2016 | General Assembly | Introduced
Bill Title: Authorizes the Sag Harbor Union Free School District, Suffolk County, New York, to expend the proceeds of certain bonds issued by the district for an object or purpose that differs from the original object or purpose for which said bonds were issued.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2016-06-15 - substituted by s7992 [A10561 Detail]
Download: New_York-2015-A10561-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 10561 IN ASSEMBLY June 3, 2016 ___________ Introduced by COMMITTEE ON RULES -- (at request of M. of A. Thiele) -- read once and referred to the Committee on Local Governments AN ACT to authorize the Sag Harbor Union Free School District, Suffolk County, New York, to expend the proceeds of certain bonds issued by the district for an object or purpose that differs from the original object or purpose for which said bonds were issued The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Definition. For the purposes of this act, "district" shall 2 mean the Sag Harbor Union Free School District, Suffolk County, New 3 York. 4 § 2. Notwithstanding any other provision of law to the contrary and 5 subject to the approval of one or more propositions by a majority of the 6 voters of the district voting thereon at one or more annual or special 7 district meetings of the district, the district is hereby authorized to 8 expend not to exceed $1,620,000 of the proceeds of bonds heretofore 9 issued on February 25, 2016, to fund one or more objects or purposes 10 described in paragraph (a) of section 11.00 of the local finance law, 11 which has a period of probable usefulness of not to exceed 30 years, in 12 lieu of expending such proceeds to fund a synthetic turf field, as 13 originally contemplated and approved by the voters of the district. 14 § 3. If any clause, sentence, paragraph, section or part of this act 15 shall be adjudged by any court of competent jurisdiction to be invalid, 16 such judgment shall not affect, impair, or invalidate the remainder 17 thereof, but shall be confined in its operation to the clause, sentence, 18 paragraph, section, or part thereof directly involved in the controversy 19 in which such judgment shall have been rendered. 20 § 4. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD15735-01-6
