Makes certain findings with respect to bond anticipation notes issued by the city school district of the city of Binghamton and authorizes the issuance of obligations

Makes certain findings and determinations with respect to certain bond anticipation notes issued by the city school district of the city of Binghamton, and authorizes the issuance of obligations of such school district with respect thereto; authorizes certain bond anticipation notes to be renewed and the maturity thereof, including the maturity of renewals thereof, to extend for a period not to exceed seven years beyond the respective original date of issue of such bond anticipation notes.