2006 New York Code - Debt-incurring power of Buffalo, Rochester and Syracuse; certain additional indebtedness to be excluded.


 
    § 6. In ascertaining the power of the cities of Buffalo, Rochester and
  Syracuse  to  contract  indebtedness,  in  addition  to the indebtedness
  excluded by section 5 of this article, there shall be excluded:
    Indebtedness not exceeding in the aggregate the  sum  of  ten  million
  dollars,  heretofore  or  hereafter contracted by the city of Buffalo or
  the city of Rochester and indebtedness not exceeding  in  the  aggregate
  the  sum  of  five million dollars heretofore or hereafter contracted by
  the city of Syracuse for so much of the cost and expense of  any  public
  improvement  as  may  be  required  by  the ordinance or other local law
  therein assessing the  same  to  be  raised  by  assessment  upon  local
  property or territory.


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