STATE OF NEW YORK
________________________________________________________________________
8594--A
2009-2010 Regular Sessions
IN ASSEMBLY
May 29, 2009
___________
Introduced by M. of A. MAGNARELLI -- read once and referred to the
Committee on Corporations, Authorities and Commissions -- committee
discharged, bill amended, ordered reprinted as amended and recommitted
to said committee
AN ACT to amend the public authorities law, in relation to authorizing
the dormitory authority to finance certain facilities for Abby Lane
Housing Corporation, a subsidiary of ESF College Foundation, Inc.
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Paragraph (b) of subdivision 2 of section 1676 of the
2 public authorities law is amended by adding a new undesignated paragraph
3 to read as follows:
4 Abby Lane Housing Corporation, a subsidiary of ESF College Foundation,
5 Inc., for the financing or refinancing, or reimbursement of the costs
6 of, the acquisition, design, construction, reconstruction, rehabili-
7 tation, improvement, furnishing and equipping of, or otherwise providing
8 for, a student dormitory facility located between Oakland Street and
9 Standart Street in the city of Syracuse, New York, to serve as a dormi-
10 tory for students of the State University of New York College of Envi-
11 ronmental Science and Forestry; provided, however, that the aggregate
12 sum of any bonds issued for such purpose shall not exceed fifty million
13 dollars.
14 § 2. Subdivision 1 of section 1680 of the public authorities law is
15 amended by adding a new undesignated paragraph to read as follows:
16 Abby Lane Housing Corporation, a subsidiary of ESF College Foundation,
17 Inc., for the financing or refinancing, or reimbursement of the costs
18 of, the acquisition, design, construction, reconstruction, rehabili-
19 tation, improvement, furnishing and equipping of, or otherwise providing
20 for, a student dormitory facility located between Oakland Street and
21 Standart Street in the city of Syracuse, New York, to serve as a dormi-
22 tory for students of the State University of New York College of Envi-
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD14030-02-9
A. 8594--A 2
1 ronmental Science and Forestry; provided, however, that the aggregate
2 sum of any bonds issued for such purpose shall not exceed fifty million
3 dollars.
4 § 3. All contracts entered into by the dormitory authority pursuant to
5 the provisions of this act shall be deemed to be state contracts within
6 the meaning of that term as set forth in article 15-A of the executive
7 law, and the dormitory shall be deemed, for the purposes of this act, a
8 contracting agency as the term is used in such article.
9 § 4. This act shall take effect immediately.
