NYS Assembly Local Governments Committee Meeting June2, 2021 (rush transcript) | Otter.ai
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NYS Assembly Local Governments Committee Meeting June2, 2021 (rush transcript)
Zachary Williams
3min
Unknown Speaker
00:01
This
week's
Mr.
Riley
Unknown Speaker
00:05
lusas
is
retailer.
Mr.
Wasn't
Speaker 1
00:09
thank
you
we
have
a
short
agenda
today
just
two
bills
we'll
get
right
into
it.
The
first
bill
is
a
1724
by
member
of
pretlow.
This
bill
would
extend
the
authorization
for
the
city
of
Yonkers
to
continue
to
issue
serial
bonds
or
notes
at
private
sale
until
June
30 2022.
This
extension
is
due
in
part
to
prior
financial
problems
resulting
in
the
state
legislature
is
designation
of
the
fiscal
agent
act
for
Yonkers.
This
is
a
local
fiscal
finance
extender.
It
has
been
extended
every
year.
The
Home
rule
message
has
been
received
any
questions?
Speaker 1
00:57
I
was
waiting
for
you
Mr.
gadelle.
Okay,
and
our
How
is
Kaylee,
McTigue
will
will
answer
your
questions.
Go
ahead.
Mr.
Goodell.
How
long
have
they
been
getting
the
special
legislation?
Speaker 2
01:12
This
was
first
established
in
1984
in
the
New
York
State
financial
emergency
act
Speaker 3
01:20
1984.
I
vaguely
remember
that
saw
how
many
decades?
Do
we
envision
this
to
continue?
Or
is
Yonkers
in
a
permanent
state
of
fiscal
chaos?
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