BILL NUMBER: S6209
SPONSOR: MAY
 
TITLE OF BILL:
An act to amend the city of Syracuse and the board of education of the
city school district of the city of Syracuse cooperative school recon-
struction act, in relation to construction and design contracts entered
into by the JSC Board
 
PURPOSE:
This legislation increases the maximum bonding limit for Phase III of
the Syracuse Joint Schools Construction Board from $300 to $400 million.
 
SUMMARY OF PROVISIONS:
Section 1: increases the maximum bonding limit for Phase III of the
Syracuse Joint Schools Construction Board from $300 to $400 million.
Section 2: Sets the effective date.
 
JUSTIFICATION:
In 2021 with Chapter 617 the Legislature authorized a third phase of
renovations for Syracuse City School buildings through the Joint Schools
Construction Board. It originally authorized up to $300 million in bond-
ing. However, due to inflation and other external factors, construction
costs have risen sharply. Authorizing an additional $100 million in
bonding will ensure the Joint Schools Construction Board can finish
planned Phase III projects and provide Syracuse City School students
with up to date facilities.
 
LEGISLATIVE HISTORY:
New Bill, amending chapter 617 of 2021.
 
FISCAL IMPACT:
To be determined.
 
EFFECTIVE DATE:
This act shall take effect immediately.