N.Y. Facilities Development Corporation Act 359/68 § 8-a: Provisions relating to agreements with certain non-profit corporations

§ 8-A. Provisions relating to agreements with certain non-profit

corporations. 1. The corporation is authorized to enter into an

agreement, at the request of the commissioner of health, with

corporations which are eligible borrowers as defined in article 28-B of

the public health law providing for such services and such compensation

as shall be approved by the commissioner of health incident to an

application for a mortgage loan pursuant to the provisions of article

28-B of the public health law. As a condition prerequisite to any such

agreement, the commissioner of health shall have certified as to the

public need for the proposed facility.

2. The corporation is authorized to enter into an agreement, with the

approval of the commissioner of health, with a non-profit corporation

organized under the laws of this state providing for the services of the

corporation to be made available to such non-profit corporation incident

to the design and construction of a facility or facilities included

within the meaning of the word "hospital", as defined in article

twenty-eight of the public health law, to be financed by means other

than pursuant to article 28-B of such law. Such agreement shall provide

that all such services and expenses of the corporation with respect to

such facility or facilities shall be at the sole cost and expense of

such non-profit corporation. As a prerequisite to any such agreement the

commissioner of health shall have certified as to the public need for

the proposed facility or facilities.