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S5769Senate2009-2010 SessionSame asA8729

Provides that Friends Academy in Glen Cove, Nassau County, is eligible for participation in financing and construction options available through the dormitory author

Sponsor Carl L. MarcellinoSD-5Affects Economy
Status
Senate Floor Calendar
Impact
Pending
Outcome
Companion signed

Bill progress

Signed via A8729

What's happening

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Who cares

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Sponsors

Primary sponsor
Carl L. Marcellino

Senator · Senate District 5

No co-sponsors yet.

History

  1. Substituted by A8729A
  2. Ordered to third reading cal.828
  3. Committee discharged and committed to rules
  4. Print number 5769a
  5. Amend and recommit to corporations, authorities and commissions
  6. Referred to corporations, authorities and commissions

Companion bill

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

Title of bill

An act to amend the public authorities law, in relation to providing for the financing and construction of capital facilities for Friends Academy, Glen Cove, Nassau County

Purpose

This bill provides that Friends Academy in Glen Cove, Nassau County is eligible for participation in financing and construction options available through the dormitory authority.

Summary of provisions

Amends paragraph b of subdivision 2 of section 1676 of the public authorities law to add Friends Academy to the list of eligible institutions to participate in financing and construction options available through the dormitory authority. The Academy will be authorized to issue an aggregate sum of bonds not to exceed six million five hundred thousand dollars.

Justification

This legislation will authorize Friends Academy in Glen Cove, New York to be included in the Public/Private Partnership program that is administered by the Dormitory Authority in order to most effectively finance the construction of new science and other educational facilities at its existing location.

Founded in 1876, Friends Academy is a Quaker, coeducational, independent, college-preparatory school for students age three through twelfth grade.

Legislative history

New bill.

Fiscal implications

None.

Effective date

This act shall take effect immediately.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.