Buffalo Fiscal Stability Authority | Midpage

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Buffalo Fiscal Stability Authority

3850Short title 3850-ALegislative declaration of need for state intervention 3851Definitions 3852Buffalo fiscal stability authority 3853Administration of the authority 3854General powers of the authority 3855Assistance to the authority; employees of the authority 3856City fiscal year two thousand three--two thousand four budget modification and four-year financial plan 3857City financial plans 3857-AEfficiency incentive grants 3858Control period 3859Advisory period 3860Additional provisions 3861Declaration of need for financing assistance to the city 3862Bonds, notes or other obligations of the authority 3863Remedies of bondholders 3864Intercept of city tax revenues, school district tax revenues and state aid revenues 3865Resources of the authority 3866Agreement with the state 3866-AAgreement with the county 3867Agreement with the city 3868Bonds, notes or other obligations legal for investment and deposit 3869Tax exemption 3870Actions against the authority 3871Audits 3872Effect of inconsistent provisions 3873Separability; construction