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New York · Through 2026-09-11

N.Y. Education Law § 469: Annual report of trustees

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Where this section sits in the code
  1. Education Law
  2. Title 1. General Provisions Article 1 Short Title and Definitions (§§
  3. Article 10. New York City Educational Construction Fund

§ 469. Annual report of trustees. The trustees of the fund shall

submit to the mayor, the board of education and the city council of the

city of New York annually on or before February first, a full report of

its activities and operations through the thirtieth day of the preceding

June, including: (1) details as to projects in planning, projects in

the process of construction, acquisition, reconstruction, rehabilitation

or improvement, and projects completed; (2) the performance record of

the trustees in completing construction in accordance with the desired

completion dates and within the estimated costs; (3) the architects,

engineers and other private consultants engaged by the trustees of the

fund on a contract basis and a statement of the total amount paid and

yet to be paid, or estimated yet to be paid, under each such contract;

(4) the moneys made available for the purposes of the fund; (5) details

as to any lease, sublease or agreement executed by the trustees of the

fund and the annual rentals to be paid or received on account thereof;

(6) its assets and liabilities at the end of the fiscal year, including

the status of reserve funds and other funds and accounts; (7) a schedule

of its bonds and notes outstanding at the end of its fiscal year,

together with the amounts redeemed and incurred during such fiscal year,

and such other information related to the activities and operation of

the fund as the trustees may consider pertinent.

Collected 2026-09-14T19:32:44Z. Source file · JSON

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