ยง 54.70 Cost of sales; city of Niagara Falls, Niagara county. To
facilitate the marketing of any issue of bonds of the city of Niagara
Falls, Niagara county, issued on or before June thirtieth, nineteen
hundred ninety-nine, such city may, notwithstanding any limitations on
private sales of bonds provided by law and subject to approval by the
state comptroller of the terms and conditions of such sale:
a. arrange for the underwriting of its bonds at private sale through
negotiated agreement, compensation for such underwriting to be provided
by negotiated fee or by sale of such bonds to an underwriter at a price
less than the sum of par value of, and the accrued interest on, such
bonds; or
b. arrange for the private sale of its bonds through negotiated
agreement, compensation for such sale to be provided by negotiated fee,
if required.
The cost of any such underwriting or private placement shall be deemed
a preliminary cost for purposes of section 11.00 of this article.
Structure New York Laws
Article 2 - Local Indebtedness
Title 4 - Local Obligations: Terms, Form and Contents Thereof; Sale and Issuance Thereof
50.00 - Agency Prescribing Terms, Form and Contents of Obligations.
51.00 - Terms, Form and Contents of Obligations.
52.00 - Recital of Validity in Obligations.
53.00 - Obligations Redeemable Prior to Maturity.
54.10 - Bonds and Notes of the City of New York; Certain Provisions.
54.30 - Costs of Sales; Bonds and Notes of the City of Buffalo.
54.40 - Bonds and Notes of the City of Yonkers.
54.50 - Costs of Sales; County of Erie.
54.60 - Cost of Sales; City of Utica.
54.70 - Cost of Sales; City of Niagara Falls, Niagara County.
54.80 - Cost of Sales; City of Lackawanna.
54.85 - Bonds and Notes of the City of Troy.
54.90 - Issuance of Bonds or Notes With Variable Rates of Interest.
55.00 - Bearer and Registered Obligations.
55.10 - Endorsements of Principal Payments on Bonds and Notes.
56.00 - Agency Selling and Issuing Obligations.
57.10 - Guidelines for Sale of Bonds and Notes on a Negotiated Basis.
58.00 - Notice of Sale of Bonds.
58.10 - Electronic Open Auction Public Bond Sale Pilot Program.
59.00 - Bids Opened Publicly; Amendments; Awards.
60.10 - Sale of Obligations to Certain Banks and Trust Companies Authorized.
61.00 - Execution of Obligations.
62.10 - Statutory Installment Bonds.