New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 2. Department of Audit and Control |
Chapter II. Municipal Affairs |
Subchapter A. Sales of Bonds and Notes; Debt Statements |
Part 39. Installment Purchase Contracts by Political Subdivisions |
2 CRR-NY II A 39 Notes |
2 CRR-NY II A 39 Refs |
Sec. 39.0. Background |
Sec. 39.1. Definitions |
Sec. 39.2. Evaluation of financing alternatives |
Sec. 39.3. Adoption of resolution authorizing an installment purchase contract |
Sec. 39.4. Compliance with competitive bidding statutes or other applicable provisions |
Sec. 39.5. Procurement of vendor and nonvendor financing |
Sec. 39.6. Public sale of certificates of participation |
Sec. 39.7. Private sale of certificates of participation |
Sec. 39.8. Solicitation of alternative financing quotations |
Sec. 39.9. Application of periodic payments and proceeds of certificates of participation |
Sec. 39.10. Report to the State Comptroller |