Facilitates the marketing of any issue of serial bonds or notes of the city of Buffalo issued on or before a certain date

This bill allows the City of Buffalo to sell specific serial bonds or notes issued by June 30, 2025, using private sales methods that are normally restricted. Under the new rules, the city can negotiate agreements with underwriters to sell these bonds at a discount or pay them a negotiated fee instead of the full face value plus interest. The costs associated with these private sales are classified as preliminary expenses rather than general operating costs. The legislation applies only to bonds issued before the specified deadline and requires state comptroller approval for the sale terms.