While crediting then Gov. Hugh Carey and the Legislature's role in saving the city, Cuomo said the unions played a crucial part by voluntarily agreeing to concessions and investing in
city bonds with their pension funds in order to help with the bailout.
The former agreed to shelve pay raises for municipal workers; the latter helped stave off bankruptcy by buying
city bonds with pension funds.
Not exact matches
The grandson of farmers, and son of an agricultural extension agent, Harrison grew up in small Michigan towns — Grayling, Reed
City, Haslett — where he developed a love of books and a primal
bond with the outdoors, «bone - and marrow - deep.»
Meanwhile, in Detroit, the
city initially classified its general obligation
bonds as unsecured debt before settling
with creditors for less than 100 cents on the dollar.
The big spenders were nonetheless defeated by a citizens» group that spent only $ 15,000 to support the
bond measure, which passed
with 57 % of the vote on Nov. 7, approving up to $ 150 million in financing for a
city - run broadband utility.
In addition,
cities, states, and taxpayers have concerns about the costs of
bonds and borrowing, how to get the best return on banked or invested public money, and an interest in finding innovative ways to fund public spending without surrendering public control, as is often the case
with public - private partnerships.
Immediate credit challenges include potential draws on liquidity associated
with rating triggers embedded in the
city's letters of credit (LOCs), standby
bond purchase agreement (SBPA), lines of credit, direct bank loans, and swaps [Oops — banks can and should pull the plug].
Coalitions build
cities» capacity through an education program, providing
cities with: tools; support by connecting them
with organisations who can prepare them for green
bonds issuance; and a platform for knowledge and best practice sharing between
cities» treasuries.
Climate
Bonds Initiative and partners are working
with cities to help them achieve their climate action potential.
Detroit has reached a settlement
with bond insurers over the treatment of some
bonds in the
city's bankruptcy, Detroit emergency manager Kevyn Orr told CNBC Wednesday.
States and municipalities (
cities or towns
with a local government) issue municipal
bonds, adorably nicknamed «munis.»
«
Bonds are safe investments when you compare them
with stocks,» says Tim Kim, a Certified Financial Planner and analyst
with Francis Financial in New York
City.
If, as Walsh himself writes, «the great challenge is to find a means of bridging the gap between... personal growth of the soul and the common ethos,» (313) then the Christian and modern evocation of the mystery of personal existence must not lose touch
with the insuperable
bond between the good of the soul and the good of the
city.
And while any
city with an NFL franchise claims some degree of connection to the team that plays there on Sundays, there is a special
bond between the Saints and New Orleans that predates Super Bowl victories and devastating storms.
He ingratiated himself into the Oklahoma
City community and had developed real
bonds with people at every level of the Thunder organization.
It's trite in the face of personal tragedy, but Isaiah
bonded with the
city of Boston in a deep and meaningful way.
The popular right - back explains how he has formed a tight
bond with Evertonians ever since his debut against Benfica in October 2009, a relationship recently reinforced when he was given a sterling reception during his comeback from injury against Leicester
City at the Grand Old Lady back in late January.
Ahead of Sunday's Derby della Madonnina, Joao Cancelo sat down
with Gazzetta dello Sport this week to discuss how his first (and hopefully not last) season at Inter is going, as well as his affection for Milan (the
city...), his thoughts on the Scudetto race and the unique
bond he shares
with his two dogs.
I remember Stan Horne well from his playing days
with City he was a tough tackling player who gave his all for the team he was a held in high regard by the fans and it is great to know he still has a strong
bond with the club, long may it last.
There's a possibility he may rekindle his relationship
with Roberto Mancini at Inter Milan — the two had a strong
bond at
City when the Italian managed at the Etihad.
Upon returning to the northern part of the US, which is as far as we could travel at the time, she then decided to keep both dogs because I was suicidal at finding myself in a new
city,
with zero emotional support, thousands of miles away from my former life in the SW and she thought it was what she needed to do to keep the dog safe, who was also dealing
with the split, as it had
bonded with the other dog and my ex.
Being physically playful
with your child is a great way to
bond and to have fun, «but keep it very gentle,» says Lyuba Konopasek, associate professor of pediatrics at the New York - Presbyterian Weill Cornell Medical Center in New York
City.
«There's so much discussion about
bonding with a new baby that mothers often feel guilty if they don't feel some incredible attachment to their new baby immediately,» says Edward Christophersen, a pediatric psychologist in Kansas
City, Missouri.
Saldana is a banker
with Ramirez & Co., Inc., an invest firm that underwrote more than $ 2 billion in
city and Board of Education
bond issues last year.
But
with the opening of a new OUSD central kitchen, farm and educational center in the works for West Oakland (funded by a
city bond measure that passed in 2012), OUSD hopes to be able to shift away from prepackaged food even further, thanks to a fruit and vegetable processing room that will be on site.
The new playground was built
with a $ 2.3 million parks
bond, private donations,
City of Raleigh labor, monetary donations and the physical help of volunteers.
Know that you can still
bond: «Maybe I don't know what I missed since I didn't breastfeed successfully, but the
bonding thing is a non-issue to me,» says a New York
City — based mom of twins, «
With the bottle you are still cuddling and having eye contact.
In 2002, the Joliet Park District issued $ 2 million in
bonds to pay its part in a deal
with the
city to build the Splash Station Waterpark.
To act
with the scale of ambition required, the independent Early Intervention Foundation will work
with the
city to issue
bonds: # 100 million in the first instance,
with larger offers to institutional investors to follow.
Yesterday I joked on Twitter that no one asked Spitzer about muni
bonds,
city debt and other drudgery associated
with the
city comptroller post.
Exxon this week hit back against the California lawsuits in a filing
with a Texas state court pointing out none of the
cities disclosed such risks to
bond buyers and arguing the lawsuits were politically motivated and linked to cases brought by the states of New York and Massachusetts.
The group's mission is to support «
city council candidates who are committed to creating good jobs, affordable housing and strengthening the middle class,» according to its website,
with the shared
bond that they are pro-development.
Cuomo — the proud owner of a blue 1975 Corvette Stingray — had previously
bonded with Jeffrey, Steven's cousin, who is not on trial, when they spent 35 minutes discussing their shared appreciation for American muscle cars at a 2011 fundraiser in a New York
City hotel, Howe said.
The Common Council voted to issue a $ 625,000
bond that will go to the
city of Albany for settlement
with Ivy's family.
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.
Developers, bankers and de Blasio administration officials said they were told in meetings
with aides to Cuomo the
city would lose a sizable share of up to $ 900 million a year that the state provides in federal tax - exempt
bonds for affordable housing projects in the five boroughs.
Mr. de Blasio, meanwhile, has forged tight
bonds with the
city's African - American power brokers and opinion - makers.
In 2003 Erie County exchanged $ 2 million in County
Bond financing
with the
City of Buffalo for $ 2 million of Multimodal funding from New York State; the $ 2 million Erie County received was dedicated for rail work on the site.
«In stark contrast, under Mayor Lovely Warren's leadership our
city has seen an unprecedented period of growth and progress with construction and investment, not only throughout downtown and our center city, but more importantly throughout our neighborhoods as well... Mayor Warren's careful fiscal stewardship has resulted in two bond rating upgrades for the City, she has brought hundreds of millions of dollars in investment by the state and federal governments along with progressive policies always focused on bringing more jobs, safer more vibrant neighborhoods and better educational opportunities to every resident of Rochester.&ra
city has seen an unprecedented period of growth and progress
with construction and investment, not only throughout downtown and our center
city, but more importantly throughout our neighborhoods as well... Mayor Warren's careful fiscal stewardship has resulted in two bond rating upgrades for the City, she has brought hundreds of millions of dollars in investment by the state and federal governments along with progressive policies always focused on bringing more jobs, safer more vibrant neighborhoods and better educational opportunities to every resident of Rochester.&ra
city, but more importantly throughout our neighborhoods as well... Mayor Warren's careful fiscal stewardship has resulted in two
bond rating upgrades for the
City, she has brought hundreds of millions of dollars in investment by the state and federal governments along with progressive policies always focused on bringing more jobs, safer more vibrant neighborhoods and better educational opportunities to every resident of Rochester.&ra
City, she has brought hundreds of millions of dollars in investment by the state and federal governments along
with progressive policies always focused on bringing more jobs, safer more vibrant neighborhoods and better educational opportunities to every resident of Rochester.»
«His distinguished career in law enforcement and strong relationships within the Department and in our community, along
with his integrity, hard work, and love for our
City and our Police Department will make our neighborhoods safer, our Department stronger, and will deepen the
bonds between the police and the community.
Having chaired the influential Committee on Codes since the early 1990s, Mr. Lentol has had decades to cement
bonds with the veteran lawmakers in the Assembly and could pitch himself as the experienced hand required to guide the legislature through one of the more pivotal sessions in years (rent laws and the mayoral control of
city public schools are both set to expire.)
Notwithstanding the foregoing provisions, but subject to such requirements as the legislature shall impose by general or special law, indebtedness contracted by any county,
city, town, village or school district and each portion thereof from time to time contracted for any object or purpose for which indebtedness may be contracted may also be financed by sinking fund
bonds with a maximum maturity of fifty years, which shall be redeemed through annual contributions to sinking funds established by such county,
city, town, village or school district, provided, however, that each such annual contribution shall be at least equal to the amount required, if any, to enable the sinking fund to redeem, on the date of the contribution, the same amount of such indebtedness as would have been paid and then be payable if such indebtedness had been financed entirely by the issuance of serial
bonds, except, if an issue of sinking fund
bonds is combined for sale
with an issue of serial
bonds, for the same object or purpose, then the amount of each annual sinking fund contribution shall be at least equal to the amount required, if any, to enable the sinking fund to redeem, on the date of each such annual contribution, (i) the amount which would be required to be paid annually if such indebtedness had been issued entirely as serial
bonds, less (ii) the amount of indebtedness, if any, to be paid during such year on the portion of such indebtedness actually issued as serial
bonds.
«We're one of the few
cities in the country
with a fully funded pension»
with a healthy rainy day fund and a AAA
bond rating, she says.
To the relief of New York
City officials, the budget did not include Mr. Cuomo's proposal to give a state agency veto power over individual affordable housing projects paid for
with federal tax - exempt
bonds the state gives to municipalities.
Tagged
with:
bond insurance League of Wisconsin Municipalities National League of
Cities Sun Prairie
HIs contributions to our neighborhood have included «securing financing through the State's Secured Hospital Revenue
Bond Program so that Flushing Hospital Medical Center and Jamaica Hospital and Medical Center could modernize and expand; providing the Lifeline Center for Child Development
with a permanent home; securing the financial support that has enabled the Bayside Historical Society to undertake its restoration of the Fort Totten Officers Club; creating the Colonial Farmhouse Restoration Society to operate the former Adriance Farm Site as the Queens Farm Museum and transferring 52 acres of surrounding land to New York
City for permanent use as horticultural - agricultural parklands; and providing land for the Cross Island YMCA to expand, for the Hollis - Bellaire - Queens Village - Bellerose Little League to own their ball fields and for Catholic Charities of the Brooklyn - Queens Diocese to develop senior citizen housing in Bellerose.
The
city heavily subsidized the effort to rehab the 358 apartments
with $ 10 million in taxpayer funds as well as $ 33 million in tax exempt
bond financing.
A recent fight between the Cuomo and de Blasio administrations over federally tax - exempt housing
bonds ended
with little fanfare at a
city board meeting Wednesday morning.
The plan also rejects Cuomo's push, opposed by Mayor de Blasio, to require an obscure state board to sign off on all
city affordable housing projects funded
with tax - exempt
bonds.
The highlights include a potential 4.9 percent property tax increase next year — dependent upon Read's ability to find $ 650,000 in administrative cuts — and an anticipated $ 792,811 arbitration payout,
with an attached $ 41,000
bond issue payment, for the Plattsburgh
City Fire Department this year.