Relates to bonds and notes of the city of Yonkers

This bill extends specific rules governing the issuance of bonds and notes for the City of Yonkers until June 30, 2025. It allows the city to sell these debt instruments privately through negotiated agreements, even when standard laws restrict private sales, provided the state comptroller approves the terms. Under the new provisions, the city can pay for underwriting services via negotiated fees or by selling the bonds at a discount to their full value. The costs associated with these private sales are classified as preliminary expenses for the city's financial reporting.