File #: Res 0355-2002    Version: * Name: Certificate setting the maximum amount of debt and reserves.
Type: Resolution Status: Adopted
Committee: Committee on Finance
On agenda: 6/21/2002
Enactment date: Law number:
Title: RESOLUTION CONCURRING IN A COMMUNICATION FROM THE MAYOR TRANSMITTING THE CERTIFICATE SETTING FORTH THE MAXIMUM AMOUNT OF DEBT & RESERVES WHICH THE CITY, THE NYC TRANSITIONAL FINANCE AUTHORITY, THE NYC MUNICIPAL WATER FINANCE AUTHORITY, THE NYS DORMITORY AUTHORITY & THE NYC HEALTH & HOSPITALS CORPORATION MAY SOUNDLY INCUR FOR CAPITAL PROJECTS FOR FISCAL YEAR 2003 & THE ENSUING THREE FISCAL YEARS, & THE MAXIMUM AMOUNT OF APPROPRIATIONS & EXPENDITURES FOR CAPITAL PROJECTS WHICH MAY SOUNDLY BE MADE DURING EACH FISCAL YEAR, PURSUANT TO SECTION 250 (16) OF THE NY CITY CHARTER.
Sponsors: David I. Weprin
Council Member Sponsors: 1
Attachments: 1. Hearing Transcript 6/21, 2. Hearing Transcript - Stated Meeting 6/21
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
6/21/2002*David I. Weprin City Council Introduced by Council  Action details Meeting details Not available
6/21/2002*David I. Weprin City Council Approved, by CouncilPass Action details Meeting details Not available
6/21/2002*David I. Weprin Committee on Finance Hearing on P-C Item by Comm  Action details Meeting details Not available
6/21/2002*David I. Weprin Committee on Finance P-C Item Approved by CommPass Action details Meeting details Not available
Res. No. 355 Title RESOLUTION CONCURRING IN A COMMUNICATION FROM THE MAYOR TRANSMITTING THE CERTIFICATE SETTING FORTH THE MAXIMUM AMOUNT OF DEBT & RESERVES WHICH THE CITY, THE NYC TRANSITIONAL FINANCE AUTHORITY, THE NYC MUNICIPAL WATER FINANCE AUTHORITY, THE NYS DORMITORY AUTHORITY & THE NYC HEALTH & HOSPITALS CORPORATION MAY SOUNDLY INCUR FOR CAPITAL PROJECTS FOR FISCAL YEAR 2003 & THE ENSUING THREE FISCAL YEARS, & THE MAXIMUM AMOUNT OF APPROPRIATIONS & EXPENDITURES FOR CAPITAL PROJECTS WHICH MAY SOUNDLY BE MADE DURING EACH FISCAL YEAR, PURSUANT TO SECTION 250 (16) OF THE NY CITY CHARTER. Body By Council Member Weprin, RESOLVED, that the Council concurs with the certificate transmitted by the Mayor setting forth the maximum amount of debt & reserves which the City, the NYC Transitional Finance Authority, the NYC Municipal Water Finance Authority, the NYS Dormitory Authority & the NYC Health & Hospitals Corporation may soundly incur for capital projects for Fiscal Year 2003 & the ensuing three fiscal years, & the maximum amount of appropriations & expenditures for capital projects which may soundly be made during each fiscal year, pursuant to Section 250 (16) of the NY City Charter.