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Rescinding Bond Act RGI11-3163-Gen'l Infrast.-Parks Dams-Rescinding Bond Act 196-2014
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AN ACT authorizing the County to rescind, in part, Prior Bond Act No. 196-2014, which authorized financing in the amount of THREE HUNDRED THOUSAND ($300,000) DOLLARS for design of improvements to various dams in Westchester. The 196-2014 Rescinding Bond Act is required to rescind SEVENTEEN ($17.00) DOLLARS in unencumbered and unissued RGIII funds, leaving in tact the remaining TWO HUNDRED NINETY-NINE THOUSAND, NINE HUNDRED EIGHT-THREE ($299,983) DOLLARS in previously encumbered funds, which will be re-authorized through a separate bond act to continue the project.
SUBMITTED BY: COMMITTEES ON BUDGET & APPROPRIATIONS, INFRASTRUCTURE & HOUSING AND PARKS & ENVIRONMENT