New York General Sinking Fund.
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§ 291. General sinking fund. There is hereby established a general
sinking fund to amortize and redeem any or all of the sinking fund bonds
issued and sold from time to time by the city of New York on or after
July first, nineteen hundred eighty-one for any purpose for which
sinking fund bonds may be authorized, excepting sinking fund bonds which
are redeemable from the sinking fund of the city of New York, the water
sinking fund of the city of New York, the rapid transit sinking fund of
the city of New York, or any additional sinking fund established
pursuant to section two hundred ninety-eight.