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Form a Business

Capital projects; contracts; certification of debt incurring power.

NYC Admin. Code § 5-106
in effect
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§ 5-106 Capital projects; contracts; certification of debt incurring power. Before any contract for any of the projects authorized within the capital budget shall be approved by the mayor, the comptroller shall certify in writing to the mayor that there is sufficient margin of constitutional debt-incurring power legally to enable the registration of such contract or contracts within such constitutional limitation.
Source: City of New York, Charter, Administrative Code and Rules (American Legal Publishing XML export, codelibrary.amlegal.com)URL: https://codelibrary.amlegal.com/codes/newyorkcity/latest/NYCadmin/0-0-0-2223Fetched: 10/24/2026

Starting a business in New York? New York LLC guide: costs and requirements

5-106 | Corpus