The measure, passed by the City Council last month, would
subject city contracts to a kind of cost - benefit analysis and require agencies to publicly disclose what services they plan to contract out in the coming year.
You agree that any disputes relating to this agreement or your use of the Information, whether sounding in
contract, tort, statute or otherwise, shall be governed by the laws of the State of New York and shall be
subject to the exclusive jurisdiction of the courts of the State of New York located in the
City and County of New York, Borough of Manhattan.
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.
That's the
subject of this fascinating piece, Attorney at Blah (Arin Greenwood, Washington
City Paper (11/7/07)-RRB- which describes the life of the
contract attorney, first hand.