Facilitates the marketing of any issue of serial bonds or notes of the city of Buffalo issued on or before a certain date

Summary

The bill lets the City of Buffalo arrange private underwriting or sale of any serial bonds or notes issued on or before June 30 2027, even if state law normally limits private sales. The city must obtain approval from the state comptroller, and the underwriting costs are treated as preliminary costs. This gives Buffalo more flexibility in financing its obligations.

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