N.Y. Public Authorities Law § 2661: Request for municipal assistance

§ 2661. Request for municipal assistance. 1. Notwithstanding the

provisions of any general or special law to the contrary, the county of

Schenectady may transfer to the authority from funds appropriated by the

county legislature for the fiscal year beginning nineteen hundred

ninety-eight, and each fiscal year thereafter, the amount the county

deems necessary to assist the authority in its successful operation and

achievement of its lawful goals, powers and purposes.

2. On or before August fifteenth, nineteen hundred ninety-nine, and on

each August fifteenth thereafter, the chairman of the authority shall

make and deliver to the chairman of the county legislature's ways and

means committee for his approval and for submission to the county

legislature a request for financial support for the operation to the

authority for the forthcoming fiscal year of the county. The request for

financial support shall delineate the total amount needed by the

authority from the county to achieve its lawful goals, powers and

purposes, the source of all funds that the authority expects to receive

from all other sources, and such other information as the chairman of

the county legislature's ways and means committee shall require. The

chairman of the county legislature's ways and means committee may

recommend the request for financial support by the authority for the

annual county budget appropriations to the authority if the chairman of

the county legislature's ways and means committee determines that the

request for financial support will assist the authority to achieve its

lawful goals, powers and purposes for the upcoming year. The chairman of

the county legislature's ways and means committee shall notify the

chairman of the authority not later than October first of each year

whether or not he has recommended to the county legislature the request

for financial support to the authority.

3. The county may appropriate and provide to the authority an amount

of money it deems necessary to provide the authority to assist it in its

successful operation and achievement of its lawful goals, powers and

purposes.

4. Notwithstanding the provisions of any general or special law to the

contrary, no part of such county appropriations shall be available for

the purposes designated until a certificate of approval of availability

shall have been issued by the chairman of the county legislature's ways

and means committee and a copy of such certificate is filed with the

county director of finance. Such certificate may be amended from time to

time, subject to the approval of the chairman of the county

legislature's ways and means committee, and a copy of each such

amendment shall be filed with the county director of finance.

5. Notwithstanding the provisions of any general or special law to the

contrary, a town, city or village of Schenectady county may transfer to

the authority from funds appropriated by the town, city or village for

the fiscal year beginning nineteen hundred ninety-eight, and each fiscal

year thereafter, the amount the town, city or village deems necessary to

assist the authority in its successful operation and achievement of its

lawful goals, powers and purposes.

6. On or before August fifteenth, nineteen hundred ninety-nine, and on

each August fifteenth thereafter, the chairman of the authority shall

make and deliver to the supervisor or mayor of such town, city or

village for his approval and for submission to the town board, city

council or village board a request for financial support for the

operation of the authority for the forthcoming fiscal year of the town,

city or village. The request for financial support shall delineate the

total amount needed by the authority from the town, city or village to

achieve its lawful goals, powers and purposes, the source of all funds

that the authority expects to receive from all other sources, and such

other information as the supervisor or mayor shall require. The

supervisor or mayor may recommend the request for financial support by

the authority for the annual town, city or village budget appropriations

to the authority if the supervisor or mayor determines that the request

for financial support will assist the authority to achieve its lawful

goals, powers and purposes for the upcoming year. The supervisor or

mayor shall notify the chairman of the authority not later than October

first of each year whether or not he has recommenced to the town board,

city council or village board the request for financial support to the

authority.

7. A town, city or village of Schenectady county may appropriate and

provide to the authority an amount of money it deems necessary to

provide the authority to assist it in its successful operation and

achievement of its lawful goals, powers and purposes.

8. Notwithstanding the provisions of any general or special law to the

contrary, no part of such town, city or village appropriations shall be

available for the purposes designated until a certificate of approval of

availability shall have been issued by the supervisor or mayor of the

town, city or village and a copy of such certificate is filed with the

town, city or village's director of finance. Such certificate may be

amended from time to time, subject to the approval of the supervisor or

mayor, and a copy of each such amendment shall be filed with the town,

city or village's director of finance.

9. The county of Schenectady shall dedicate net collections from sales

and compensating use taxes imposed pursuant to the authority of section

twelve hundred ten-C of the tax law at the rate of one-half of one

percent, during the period beginning September first, nineteen hundred

ninety-eight, and ending August thirty-first, two thousand thirty-eight,

or, if the county does not impose taxes pursuant to the authority of

section twelve hundred ten-C of the tax law, the county shall dedicate

net collections from sales and compensating use taxes imposed during

such period at the rate of one-half of one percent pursuant to the

authority of section twelve hundred ten of the tax law, and shall

quarterly deposit such net collections in the Schenectady metroplex

development authority support fund established in accordance with

subdivision (b) of section twelve hundred ten-C of the tax law. On

January first, nineteen hundred ninety-nine, and then quarterly

thereafter, the director of finance of Schenectady county shall transfer

seventy percent of such net collections deposited in the Schenectady

metroplex development authority support fund to the authority for

deposit in the authority's general fund. The authority may use such

portion of such dedicated net collections received for any lawful

purpose or power of the authority. On January first, nineteen hundred

ninety-nine, and then quarterly thereafter, the director of finance of

Schenectady county, after transferring seventy percent of such net

collections to the authority for deposit in the authority's general

fund, shall transfer all remaining monies in the Schenectady metroplex

development authority support fund to the Schenectady county real

property tax abatement and economic development fund.