Relates to bonds and notes of the city of Yonkers

This bill extends a provision allowing the City of Yonkers to privately sell its bonds (without public auction) under specific conditions until June 30, 2027. It directly affects Yonkers city finances by permitting the city to arrange private sales of bonds issued on or before that date through negotiated agreements, with compensation handled via fees or discounted sale prices. The extension applies to bonds sold under Section 54.40 of the local finance law, maintaining existing rules for underwriting costs as preliminary expenses. This change simplifies Yonkers' bond financing process for upcoming bond issues.