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BOND ACT-P0024-Amending Bond Act 162-2019-Bronx River Parkway Rehabilitation Program
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A BOND ACT amending, in part, prior Bond Act No. 104-2022 to deauthorize FIVE MILLION, SEVEN HUNDRED THOUSAND, FIVE HUNDRED ($5,700,500) DOLLARS which is the unissued portion of FIVE MILLION, SEVEN HUNDRED TEN THOUSAND ($5,710,000) DOLLARS authorization attributable to Capital Project P0024 - Bronx River Parkway Rehabilitation Program, thereby decreasing the estimated maximum amount of bonds from SIXTEEN MILLION, ONE HUNDRED TWENTY-FIVE THOUSAND ($16,125,000) DOLLARS to TEN MILLION, FOUR HUNDRED TWENTY-FOUR THOUSAND, FIVE HUNDRED ($10,424,500) DOLLARS. The remaining NINE THOUSAND, FIVE HUNDRED ($9,500) DOLLARS reflects the amount of bonds issued by P0024. The Amending Bond Act is required to deauthorize financing previously authorized for P0024.
COMMITTEE REFERRAL: COMMITTEES ON BUDGET & APPROPRIATIONS AND INFRASTRUCTURE & HOUSING