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 privately market its existing serial bonds or notes (issued before June 30, 2026) through negotiated underwriting or direct sales, bypassing standard public sale requirements. It permits the city to pay underwriters via negotiated fees or by selling bonds at a discount to the underwriter. The costs of these private arrangements would count as preliminary expenses under state finance rules. The bill directly affects Buffalo’s ability to manage its debt financing for bonds issued prior to the 2026 deadline.