SPECIAL ORDINANCE
BY COUNCIL PRESIDENT COLLINS-BELLAMY, MAJORITY LEADER RUBBO, MAJORITY WHIP ROBINSON, MINORITY LEADER BREEN, COUNCILMEMBERS PINEDA-ISAAC, DIAZ, AND MERANTE:
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BOND ORDINANCE OF THE CITY OF YONKERS, NEW YORK AUTHORIZING FUNDING FOR VARIOUS CAPITAL PROJECTS INCLUDED IN THE CITY'S 2025-2026 CAPITAL BUDGET, AS AMENDED; STATING THE TOTAL ESTIMATED MAXIMUM COST THEREOF IS $105,685,012; APPROPRIATING SAID AMOUNT THEREFOR; AND AUTHORIZING THE ISSUANCE OF BONDS OF SAID CITY IN THE PRINCIPAL AMOUNT OF NOT TO EXCEED $105,685,012 TO FINANCE SAID APPROPRIATION
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THE CITY COUNCIL OF THE CITY OF YONKERS, IN THE COUNTY OF WESTCHESTER, NEW YORK, HEREBY ORDAINS (by the favorable vote of not less than two-thirds of all the members of said City Council) AS FOLLOWS:
Section 1. The City of Yonkers, in the County of Westchester, New York (herein called the "City"), is hereby authorized to finance the cost of various capital projects as described in column A of the table set forth below, at the respective estimated maximum costs indicated in column B of said table.
A
B
C
D
E
Project Description (object or purpose)
Estimated
Maximum
Cost
Amount
of Bonds
Authorized
PPU
Section
11.00 a.
Reference
Period of
Probable
Usefulness
Engineering
Bridge Rehabilitation
$ 1,675,000
$ 1,675,000
10
20
Road Resurfacing
4,000,000
4,000,000
20(c)
15
Sewer Improvements
950,000
950,000|1010|40
Saw Mill/Bronx River Outflow Remediation
1,000,000
1,000,000|1010|40
Environmental Site Work
125,000
125,000
35|1010|Public Right of Way Improvements
750,000
750,000
20(c)
15
Engineering Vehicles
250,749
250,749
77|1010|City Pier Structural Foundation Reconstruction
150,000
150,000|1010|20
Gabion Wall Construction
800,000
800,000
35|1010|Planning for Bronx River Road Bicycle Lane Improvements
140,000
140,000
62|1010|Crestwood Lake Spillway Channel Rehabilitation
850,000
850,000
22(a)
30
Parking Garage Inspection & Rehabilitation
1,000,000
1,...
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