PocketLaw | New York Laws | Buffalo Fiscal Stability Authority

Buffalo Fiscal Stability Authority

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Short Title.

Legislative Declaration of Need for State Intervention.

Definitions.

Buffalo Fiscal Stability Authority.

Administration of the Authority.

General Powers of the Authority.

Assistance to the Authority; Employees of the Authority.

City Fiscal Year Two Thousand Three--Two Thousand Four Budget Modification and Four-Year Financial Plan.

City Financial Plans.

Efficiency Incentive Grants.

Control Period.

Advisory Period.

Additional Provisions.

Declaration of Need for Financing Assistance to the City.

Bonds, Notes or Other Obligations of the Authority.

Remedies of Bondholders.

Intercept of City Tax Revenues, School District Tax Revenues and State Aid Revenues.

Resources of the Authority.

Agreement With the State.

Agreement With the County.

Agreement With the City.

Bonds, Notes or Other Obligations Legal for Investment and Deposit.

Tax Exemption.

Actions Against the Authority.

Audits.

Effect of Inconsistent Provisions.

Separability; Construction.