Board Bill Number 100 In Session 2005-2006

Summary

An ordinance pertaining to the Leasehold Revenue Bonds, Series 2005 authorized by Ordinance 66648 and recommended by the Board of Estimate and Apportionment, appropriating from said bond funds account for fiscal years FY05 and FY06 an amount not to exceed twenty-seven million dollars ($27,000,000), to be used for the current refunding of existing debt on the convention center, dome stadium and Kiel center facilities, convention center asset preservation costs, and other public infrastructure improvements promoting conventions and tourism in the City; said funds available pursuant to the sale of the bonds and expenditure of funds subject to funds being placed in the bond fund account; authorizing the Comptroller to draw warrants from time to time upon submission of properly certified vouchers in conformance with procedures established by the Comptroller of the City; and containing an emergency clause.

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