Sentences with phrase «bond authority for»

$ 9.5 billion in bond authority for investments by state, local, and tribal governments to preserve green space, develop urban parks, protect water quality, and clean up abandoned industrial sites.
Among the areas lacking detail are the $ 385 million in appropriation and bonding authority for the State and Municipal Facilities program.
As Chairman, he is also responsible for an increase of one billion dollars in bonding authority for the creation of affordable housing in New York City.

Not exact matches

In a recent speech in Berlin, Carney argued that green finance «can not conceivably remain a niche interest over the medium term», adding that at the request of G20 leaders, ``... authorities are exploring ways to mobilize private capital for green investments... One proposal is international collaboration to facilitate cross-border investment in green bonds.
The bank, the monetary authority for the 19 countries that use the euro, has been purchasing bonds with newly created money since March 2015 in an effort to boost inflation from levels considered too low.
The incumbent number one in public debt in the region, HSBC raised $ 8 billion in 29 bond deals for a 17.2 % market share in 2013, leading a $ 4.1 billion bond for the General Authority of Civil Aviation of Saudi Arabia last September.
FINRA, or the Financial Industry Regulatory Authority, has a helpful tool for tracing bond market activity.
Analysts at Moody's Investors Service Middle East in Dubai say the issuance is credit positive for Saudi banks because their profitability will benefit from the transfer of their large, low - yielding reserves of cash and placements from the Saudi Arabian Monetary Authority and other banks to higher - yielding government Islamic bonds.
-- For Tmall Global orders, China Smart Logistics will work to facilitate cross-border imports by using bonded warehouses and coordinating with regulatory authorities and local governments to ensure that all imported goods are genuine and comply with customs regulations.
He wrote in his tract On the power of a Christian congregation over its preachers: 5 «We conclude then, that a Christian congregation that has the gospel, possesses not only the right and power but also owes it to the salvation of souls according to the baptismal bond it has entered into, to shun, avoid, depose and withdraw from the authority which the present bishops... exercise; for it is publicly manifest that they live and govern in opposition to God and his Word.»
The sports authority issued the tax - backed bonds that paid for the $ 432 million public share of the stadium's revamp and provides $ 5.1 million a year in subsidies to the Park District for Soldier Field operations and ongoing facilities upgrades.
According to Gordon, while the couple were bonding with their infant daughter, whom Gordon is the biological father of, and waiting for her passport paperwork, the surrogate notified authorities that she wanted to keep the child.
The park district «s bonding authority does n`t stretch far enough to pay for it, so the $ 4 million in bonds would have to be approved by the voters in November.
And it has enough bonding authority to pay for the pool complex, the park district «s first outdoor swimming facility.
The district has about $ 4 million in bonding authority available for a pool project, park officials said.
The SMFP money is raised through bond sales by the Dormitory Authority and ultimately controlled by the governor, subject to some tacit agreement with the Senate and Assembly that allows legislators to apply for chunks of money for projects in their districts.
Backdoor borrowing by the state Dormitory Authority, of course — duly reflected by an increase in DASNY's bond cap for this purpose, so you know they mean it.
«In bond documents released the first week of March, the authority noted it has budgeted $ 548 million for contingency and allowances on the project.»
It still is unclear how the state is paying for the bridge, though Cuomo recently announced a «successful» $ 1.1 billion bond sale by the state Thruway Authority to help pay for part of it.
The Thruway Authority's 2016 - 17 budget proposal called for $ 850 million in bonds but there was flexibility to increase the amount in order to take advantage of low interest rates on the 40 - year bonds.
The Thruway Authority will pay part of the E.F.C. loan for the bridge over the next five years and then the remaining balance will be bonded out.
ALBANY — The Thruway Authority is circulating a proposal to borrow $ 850 million to support the replacement Tappan Zee Bridge, bond documents show, without detailing any plans for toll increases that are all but certain to come after 2020.
If Cuomo's plan were to go through, every project funded through these bonds would need to be cleared by the Public Authorities Control Board, a three - member body that needs unanimous approval for all votes.
«We could be two years into working through a project... and at the last minute the Public Authorities Control Board, one member, could say, «I don't approve that project,»» Been said, referring to the proposed new approval process for using the housing bonds.
Senate Republicans granted at least one of the de Blasio administration's wishes: it joined with Assembly Democrats in rejecting a Cuomo proposal to subject bonds for housing to approval by the state's Public Authorities Control Board, a maneuver that would have given Albany veto power over a significant slice of the city's housing program.
Authorities and public - benefit corporations are quasi-public entities set up with an explicit purpose to finance and perform a variety of government functions and be able to borrow outside of the normal procedure for bonding.
The Thruway Authority is circulating a proposal to borrow $ 850 million to support the replacement Tappan Zee Bridge, bond documents show, without detailing any plans for toll increases that are all but certain to come after 2020.
ALBANY — The New York State Thruway Authority voted to provide $ 750 million in a one - time cash windfall to keep construction of the Tappan Zee Bridge replacement going for another year, avoiding the need to issue bonds for the ongoing, $ 3.9 billion project in 2015.
Public authorities, run by his appointees, can borrow with state taxpayers» backing without requiring voter approval, as when the state holds a referendum for a major bond act for transportation or environmental projects.
With some $ 5.5 million in bonding authority still sitting on the table specifically for the courthouse project, might bells and whistles be in the offing?
The public pays for the initiatives: The interest payments on the authority's bonds are largely drawn from income taxes.
The bonds will be issued by the state Dormitory Authority (an all - purpose, off - budget borrowing machine for which the financing of actual college dorms is now a minor sideline).
The Metropolitan Transportation Authority was set today to issue bonds backed by real estate for the first time in its history.
The candidate said the state can leverage the new money into roughly $ 12 billion in bonding over a seven - year period for upstate infrastructure and New York City's Metropolitan Transportation Authority.
The Thruway Authority also was authorized to issue $ 850 million in bonds for the bridge project last year.
«Statistically» this year to date, «only» 30 municipal issuers have officially defaulted on $ 1.5 billion in bonds, but thousands of government authorities are in de facto default on payments, and madly scrambling for re-negotiation, or forebearance, or blind hope.
Since taking office in 2011, Cuomo has increasingly used authorities to issue bonds for various state projects.
It's still unknown whether Cuomo's proposal for $ 2 billion to upgrade water infrastructure will be a bond issue — requiring a public referendum in November before any debt is issued — or funded by public authorities.
The Onondaga Civic Development Corporation is a public authority that earns money from the sale of bonds for non-profit organizations.
«In a traditional year they would wait for the last minute and then issue authority for putting out $ 10 billion in bonds,» said Gene Russianoff, staff attorney at the Straphangers Campaign.
Governor Andrew M. Cuomo announced that the New York State Thruway Authority has completed a sale of long - term bonds, raising $ 1.1 billion for the Authority so it can move forward with capital projects across the state, including the Tappan Zee Bridge.
Cuomo said the bond sale, along with other actions, has provided a firm foundation for the Authority to finance its future operational and capital needs, and to finally begin the New Tappan Zee Bridge reconstruction project.
Howard Cure, the director of municipal research for Evercore Wealth Management, which holds both Thruway and Bridge Authority bonds, said he believed a merger was possible, and would be easiest if the Thruway simply bought out its smaller, better - rated, partner.
County officials initially made outreach to state Comptroller Tom DiNapoli's office, the state Energy Research and Development Authority and the county's outside bond lawyers to check the appropriateness of using EPCs for such work before going ahead with the contract.
The Thruway Authority is paying for construction with $ 1.6 billion it bonded in anticipation of a federal loan for the same amount that will be coming in 2019.
Skelos also sought to aid his son in helping him procure title insurance work related to the refinancing of hundreds of millions of dollars worth of bonds for an unnamed Long Island Hospital system, a refinancing that required the approval of the Nassau County Industrial Development Agency, a public authority.
On Monday, Rockland County sent a delegation to Albany to ask for the authority to close its widening budget deficit by issuing bonds backed by a sales tax increase.
Ironically, Williams and Fainaru - Wada personally felt legal heat for refusing to reveal their sources to federal authorities: «We stood to serve more time behind bars [both faced 18 - month sentences] than any of the steroid dealers convicted in the BALCO conspiracy and any of the athletes we reported on, including [longtime San Francisco Giants slugger] Barry Bonds
The bills also offer a raft of other ideas, including tax incentives for cars and car chargers, bond authority to raise money for charging infrastructure, and requiring utilities to come up with their own estimates of how many plug - in vehicles could hit roads.
For survival purposes, the two form an unlikely bond and work together to evade the authorities searching for thFor survival purposes, the two form an unlikely bond and work together to evade the authorities searching for thfor them.
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