NYS Assembly Cities Committee June 2, 2021 (Rush Transcript)

1:44PM Jun 2, 2021

Speakers:

Keywords:

yonkers

goodell

bill

reported

fiscal

assemblymember

legislation

financial difficulties

negative

kaylee

extend

discontinue

state legislators

storm sewer

address

salas

financial

parkland

questions

bernstein

The clerk will read the roll before we begin. Chair Bernstein Mr. Carroll, Mr. blankenstein. Mr. Foyle? Miss Fernandez, Miss Gonzalez Rojas, Mr. gadelle Miss Jackson, Mr. Jacobson, Mr. mazzani, Mr. Meeks, Mr. Reilly, Mr. Salas, Mr. toussis, Mr. Taylor, and Mr. Wozzeck? 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 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 legislators designation of the fiscal agent act for Yonkers. This is a local fiscal finance extender. It has been extended every year. A general message has been received any questions?

I was waiting for you Mr. Goodell. Um, okay. And our analyst, Kaylee, McTigue will will answer your questions. Go ahead, Mr. Goodell. How long have they been getting this special legislation?

This was first established in 1984. And the New York State financial emergency activity Yonkers

1984. I vaguely remember that year. So how many decades to envision this to continue or is Yonkers in a permanent state of fiscal chaos?

Um, you know, it's it's been renewed yearly. And hopefully, as financial difficulties are sort of addressed, we may not need it in the future, but for the time being, it's it's still necessary.

Do they have any plans? So the dressing their fiscal crisis? are we waiting for the third or fourth generation?

Um, you know, like I said, I think that they are doing what they can to address this. So eventually, it won't be necessary.

Hope burns eternal. Thank you. Thank you.

Thank you, Mr. gadelle. Any other questions? Any negative votes? Mr. Wozzeck, Mr. Goodell, you're negative. Mr. Good. I don't see hand up. Okay, Mr. Wozzeck, Mr. Goodell in the negative of emotion is reported to bills reported two ways and means. Next bill on the agenda is a 7084 by Assemblymember. Anderson. This legislation would authorize the city of New York to discontinue the use of certain municipally municipally owned Parkland known as Idlewild Park, to enable the construction of a storm sewer. A home rule message has been received. The motion is to report two ways and means any questions? Any negative votes? The bill is reported. Thank you very much, everybody, and we'll be in touch. We're not sure if there's another meeting yet, but we'll let you know. Thank you, Chairman.