[HISTORY: Adopted by the City Council of the City of Binghamton 10-5-1970 (Ch. 2, §§ 2-230 and 2-231, of the 1970 Code). Amendments noted where applicable.]
ATTACHMENTS
1506-021a Form of Bond form
Unless otherwise specifically provided, all serial bonds of the City hereafter issued shall contain the provisions prescribed by § 51.00 of the Local Finance Law, constituting Chapter 33-A of the Consolidated Laws of the State of New York, as amended, shall be executed in the name of the City by the Mayor and Comptroller, shall have the Corporate Seal affixed thereto and be attested by the City Clerk, and the coupons annexed thereto shall bear the facsimile signature of the Comptroller and, subject to said provisions, shall be in substantially the following form.[1]
[1]
Editor's Note: The Form of Bond is included at the end of this chapter.
[Added 4-7-1997 by Ord. No. 23-97]
Pursuant to § 56.00 of the Local Finance Law, constituting Chapter 33-A of the Consolidated Laws of the State of New York (the "Law"), as amended by the Level Debt Legislation, the Council hereby delegates to the City Comptroller all of its powers and duties prescribed in § 21.00 of the Law, as amended by the Level Debt Legislation, pertaining to the making of determinations respecting the issuance of bonds with substantially level or declining annual debt service. The foregoing delegation shall apply to all bonds authorized pursuant to bond resolutions heretofore and hereafter adopted by the Council of the City.