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STATE OF NEW YORK
________________________________________________________________________

10603

IN ASSEMBLY

June 7, 2012
___________

Introduced by COMMITTEE ON RULES -- (at request of M. of A. Kavanagh) --
  read  once  and referred to the Committee on Corporations, Authorities
  and Commissions

AN ACT to amend the public authorities law, in relation  to  authorizing
  the dormitory authority to construct and finance certain facilities of
  Xavier High School in New York City

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Paragraph (b) of subdivision  2  of  section  1676  of  the
public authorities law is amended by adding a new undesignated paragraph
to read as follows:
  XAVIER HIGH SCHOOL, FOR THE FINANCING OR REFINANCING, OR REIMBURSEMENT
OF  THE  COSTS  OF THE AQUISITION, DESIGN, CONSTRUCTION, RECONSTRUCTION,
REHABILITATION, IMPROVEMENT, FURNISHING AND EQUIPPING OF,  OR  OTHERWISE
PROVIDING  FOR,  XAVIER  HIGH  SCHOOL AT ITS FACILITY LOCATED AT 30 WEST
16TH STREET IN THE CITY OF NEW YORK, TO SERVE AS A SCHOOL  FOR  STUDENTS
IN GRADES NINE THROUGH TWELVE; PROVIDED, HOWEVER, THAT THE AGGREGATE SUM
OF ANY BONDS ISSUED FOR SUCH PURPOSE SHALL NOT EXCEED FIFTY-FIVE MILLION
DOLLARS.
  S  2.  Subdivision  1 of section 1680 of the public authorities law is
amended by adding a new undesignated paragraph to read as follows:
  XAVIER HIGH SCHOOL, FOR THE FINANCING OR REFINANCING, OR REIMBURSEMENT
OF THE COSTS OF THE AQUISITION,  DESIGN,  CONSTRUCTION,  RECONSTRUCTION,
REHABILITATION,  IMPROVEMENT,  FURNISHING AND EQUIPPING OF, OR OTHERWISE
PROVIDING FOR, XAVIER HIGH SCHOOL AT ITS FACILITY  LOCATED  AT  30  WEST
16TH  STREET  IN THE CITY OF NEW YORK, TO SERVE AS A SCHOOL FOR STUDENTS
IN GRADES NINE THROUGH TWELVE; PROVIDED, HOWEVER, THAT THE AGGREGATE SUM
OF ANY BONDS ISSUED FOR SUCH PURPOSE SHALL NOT EXCEED FIFTY-FIVE MILLION
DOLLARS.
  S 3. Any contracts entered into by the dormitory authority pursuant to
this act shall be deemed state contracts within the meaning of that term
as set forth in article 15-A of the executive  law,  and  the  authority
shall  be  deemed, for the purposes of this act, a contracting agency as
that term is used in such article.
  S 4. This act shall take effect immediately.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10907-01-1