In November 2010, the Cubs announced a plan to seek $200 million in state-backed bonds for renovations to Wrigley Field.

The State Legislature this year created a Convention Center Authority to issue state-backed bonds for the project.

A $150 million loan for construction, equipment and debt reduction will be financed through the sale of state-backed bonds.

In addition, the commission said it would explore a proposal for using state-backed bonds to help the utilities finance the losses being inflicted by soaring wholesale electricity prices.

Yesterday, the State Dormitory Authority gave the hospital approval to raise the money through state-backed bonds.

He was also instrumental in Bridgeport receiving a bailout package of $60 million in state-backed bonds two years ago.

Last year, Gov. Mario M. Cuomo announced plans to allow North General to sell $150 million in state-backed bonds.

Three years ago, it obtained state-backed bonds to cover a $60 million deficit.

Terms for new state-backed bonds would have to be set by Monday if they are to be issued in time, Mr. Borges said.

And use of state-backed bonds to lock in recovery must be banned.