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ImageLegislature Backs IDA Bonds for Cayuga Medical Center
The Legislature, by unanimous vote, approved issuance of up to $5.5 million in tax-exempt county Industrial Development Agency Civic Facility Revenue Bonds to benefit Cayuga Medical Center at Ithaca.  The approval authorizes the IDA to act as a conduit for the medical center to finance the purchase of up to $5.5 million in  medical equipment for the facility, enabling the medical center to receive a tax-free rate, as a non-profit organization, with no liability for the County.  The purpose of the Legislature Legislature Consolidates Fringe Benefit Accounts
The Legislature, without dissent, authorized moving of employee fringe benefit allocations from individual department accounts to one centralized fringe benefit account, to improve financial management.  The change, recommended by the Legislature
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