Sewer & Storm Water Finance Authority
The Nassau County Sewer and Storm Water Finance Authority (the “ Authority”) was established in 2003 by the State of New York (the “State”) under the Nassau County Sewer and Storm Water Finance Authority Act, codified as Title 10-D of Article 5 of the Public Authorities Law of the State (the “Act”), as a public benefit corporation. The State Legislature determined the creation of the Authority to be an effective mechanism to achieve substantial savings to the County for past and prospective sewer and storm water resources capital investments. The Authority has been established for the limited objectives of refinancing outstanding sewer and storm water resources debt issued by or on behalf of the County and financing future County sewer and storm water resources projects. The Authority may issue debt in an amount up to $350,000,000 for such purposes (exclusive of debt issued to refund or otherwise repay Authority debt).
If you have any questions regarding the Authority, please contact one of the following:
Beaumont Jefferson, County Treasurer
Bernadette Kennedy- Garvey, Assistant Collateral Agent
Minutes are available upon request.