Bill
S 8413
Overview: Bill S 8413, known as the "City of Dunkirk Revenue Anticipation Note Refinancing Act," provides for the refinancing of revenue anticipation notes issued by the city of Du
Overview: Bill S 8413, known as the "City of Dunkirk Revenue Anticipation Note Refinancing Act," provides for the refinancing of revenue anticipation notes issued by the city of Dunkirk. The bill was introduced on June 9, 2025 and has been signed into law as Chapter 183.
Purpose and Intent: The primary goal of this legislation is to authorize the city of Dunkirk to refinance its outstanding revenue anticipation notes. This would allow the city to potentially secure more favorable interest rates and terms, potentially saving taxpayer money.
Key Provisions:
- Authorizes the city of Dunkirk to issue new revenue anticipation notes to refinance its existing notes
- Permits the city to enter into agreements and contracts necessary for the refinancing process
- Appropriates funds to support the refinancing activities
Affected Parties and Impacts: This bill directly impacts the city of Dunkirk and its residents, as the refinancing of the revenue anticipation notes could result in cost savings for the municipality. Taxpayers may also benefit if the refinancing leads to reduced financial burdens.
Procedural and Timeline Considerations: The bill has been signed into law as Chapter 183, indicating that it has completed the legislative process and been enacted.
Compiled from official sources — confirm details with the bill’s official record.
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