YONKERS, NY — July 6, 2011 — It was on July 1, 2011, that New York State Comptroller Thomas P. DiNapoli addressed a letter to Yonkers Mayor Amicone in which Comptroller DiNaolpi stated, "as Fiscal Agent for the City of Yonkers (City), I have the responsibility for reviewing the 2011-2012 adopted budget of the City to determine compliance with Chapter 488 of the Laws of 1976 (Act) and the ordinances of the City adopted subsequent thereto determining the terms, form and detail of issuance of the City's serial bonds and providing for the rights of the holders of said bonds and other obligations of the City (Ordinances). The City's 2011-2012 adopted budget, along with numerous Justificatio Deocuments, was filed with me on June 27, 2011."
"Based upon my review, the adopted budget for the fiscal year July 1, 2011, through June 30, 2012, together with the Justification Documents, is in material compliance with the requirements of the Act and Ordinances."
The Document was signed for NYS Comptroller DiNapoli by Deputy Comptroller Steven J. Hancox
City Council Members, the Honorable Senators Jeffrey Klein, and Andrea Stewart-Cousins, and the Honorable Assemblymen Thomas Abinanti, J. Gary Pretlow, and Mike Spano received notice and copy of the document noted above and the facsimile below.