RESOLUTION NO. 307
OMNIBUS SUPPLEMENTAL BOND RESOLUTION DATED MAY 13, 2024. A RESOLUTION AMENDING CERTAIN TERMS OF MULTIPLE BOND RESOLUTIONS OF THE COUNTY OF ALBANY, NEW YORK, ADOPTED IN CALENDAR YEARS 2020 AND 2022 AUTHORIZING VARIOUS CAPITAL IMPROVEMENTS FOR COUNTY FACILITIES
Introduced: 5/13/24
By Audit and Finance Committee:
THE COUNTY LEGISLATURE OF THE COUNTY OF ALBANY, NEW YORK, HEREBY RESOLVES AS FOLLOWS:
WHEREAS, during calendar years 2020 and 2022 the County Legislature adopted various bond resolutions for the purposes of financing the undertaking of certain capital projects (collectively, the "Bond Resolutions"), and
WHEREAS, the County Legislature desires to amend the Bond Resolutions for the purpose of making certain technical changes to the following provisions of the Bond Resolutions: (a) the plan of finance provisions contained in Section 1 of such resolutions, and (b) the reimbursement/"official intent" provisions contained in Section 9 of such resolutions, and
WHEREAS, the list of Bond Resolutions and the proposed amendments are described on Schedule A attached to this resolution, now, therefore, be it
RESOLVED, by the County Legislature of the County of Albany, New York, as follows:
SECTION 1. The proposed amendments described on Schedule A to this resolution are hereby accepted and approved.
SECTION 2. The adoption by the County of this resolution is a Type II action under the provisions of the State Environmental Quality Review Act ("SEQRA"), and no further action by the County is required under SEQRA.
SECTION 3. The Bond Resolutions described on Schedule A attached, as amended by this resolution, shall otherwise remain in full force and effect in accordance with their terms, and such resolutions are hereby ratified and confirmed.
SECTION 4. This resolution shall take effect immediately.
SCHEDULE A
No.
Resolution Title
Resolution
Number
Amendment
1....
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