PocketLaw | New York Laws | Erie County Fiscal Stability Authority

Erie County Fiscal Stability Authority

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Short Title.

Legislative Declaration of Need for State Intervention.

Definitions.

Erie County Fiscal Stability Authority.

Administration of the Authority.

General Powers of the Authority.

Assistance to the Authority; Employees of the Authority.

County Fiscal Year Two Thousand Five Budget Modification and Four-Year Financial Plan.

County Financial Plans.

Efficiency Incentive Grants.

Advisory Period.

Control Period.

Additional Provisions.

Declaration of Need for Financial Assistance to the County.

Bonds, Notes or Other Obligations of the Authority.

Remedies of Bondholders.

Intercept of County Tax Revenues and State Aid Revenues.

Resources of the Authority.

Agreement With the State.

Agreement With the County.

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

Tax Exemption.

Actions Against the Authority.

Audits.

Effect of Inconsistent Provisions.

Separability; Construction.