New York Laws
Title 3 - Local Obligations: Authorization Thereof
34.00 - Bond Resolution May Be Subject to Mandatory or Permissive Referendum; Cities.

§ 34.00 Bond resolution may be subject to mandatory or permissive
referendum; cities. a. Except as otherwise provided in paragraph b of
this section, neither the expenditure of money for an object or purpose
for which it is proposed to issue obligations nor a bond resolution or
capital note resolution shall be subject to a mandatory or a permissive
referendum in any city.

b. Any city may adopt, in the manner provided by law, a local law
requiring that all bond resolutions, or bond resolutions authorizing the
issuance of bonds for such purposes or amounts as may be specified in
such local law, shall be subject to a mandatory or a permissive
referendum after such resolutions have been adopted by the finance
board. Such a local law shall prescribe the qualifications of the voters
at and the procedure for such a mandatory or a permissive referendum and
shall not itself be subject to a permissive or mandatory referendum. The
provisions of this paragraph shall not apply to bond resolutions
authorizing the issuance of bonds for the payment of judgments, or
compromised or settled claims against such city, or awards or sums
payable by such city pursuant to a determination by a court, or an
officer, body or agency acting in an administrative or quasi-judicial
capacity, or to provide sewage disposal or treatment facilities required
by any order of the state commissioner of health or of the water
resources commission directing compliance with standards, determinations
or orders promulgated pursuant to article twelve of the public health
law to prevent pollution of the waters of the state.