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New York · Through 2026-09-11

N.Y. Public Authorities Law § 2655-c: Capital plan of the authority

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Where this section sits in the code
  1. Public Authorities Law
  2. Article 8. Miscellaneous Authorities
  3. Title 28-B. Schenectady Metroplex Development Authority

§ 2655-c. Capital plan of the authority. On or before the first day of

March, the authority shall annually produce, and present at a public

hearing for public comment, a five-year capital projects plan, outlining

the vision of its intended capital projects for the next five years.

With respect to each project proposed in the plan, the authority shall

provide a detailed description of the:

1. overall nature, purpose and extent of the project;

2. proposed amount and sources of capital funding to complete the

project;

3. proposed amount and sources of operating funding necessary to

operate the project;

4. urban and community planning performed or which needs to be

performed;

5. economic development potential of the project;

6. financial feasibility of the project;

7. geographic location and impact of the project;

8. impact of the project on the community's natural resources;

9. tourism, entertainment and arts development potential of the

project;

10. human and physical infrastructure requirements and impact of the

project; and

11. other factors which have been considered for the purpose of

enhancing the viability of the county.

An annual presentation of this five-year capital plan shall further be

made to the county legislature. After the presentation of the first

five-year capital plan, any subsequent plan presented shall describe any

changes from, modifications to, and the current status of, projects

included in the previous plans. In developing and maintaining such plan,

the authority shall, from time to time, enter into contracts with any

and all outside experts it may deem necessary for the plan's successful

production, presentation and development.

Collected 2026-09-14T19:32:45Z. Source file · JSON

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