N.Y. Transportation Law § 450: Expenditure of moneys

§ 450. Expenditure of moneys. 1. The moneys received by the state from

the sale of bonds and/or notes pursuant to the Accelerated Capacity and

Transportation Improvements of the Nineties Bond Act shall be expended

pursuant to annual appropriations for accelerated capacity and

transportation improvements and municipal bridge improvements as defined

in this article.

2. Regional distribution. (a) Notwithstanding any inconsistent

provisions of any general or special law, the aggregate value of

improvements shall be distributed within the regions of the state in the

following amounts:

(i) for the Hudson Valley region, consisting of Westchester, Rockland,

Putnam, Dutchess, Columbia, Orange and Ulster counties: four hundred

twenty-one million dollars ($421,000,000);

(ii) for the Long Island region, consisting of Nassau and Suffolk

counties: six hundred ninety million dollars ($690,000,000);

(iii) for New York city, consisting of Richmond, Kings, Queens, New

York and Bronx counties: six hundred ninety million dollars

($690,000,000); and

(iv) for the upstate region, consisting of all counties of New York

state not included in subparagraphs (i), (ii), and (iii) of this

paragraph: one billion, one hundred ninety-nine million dollars

($1,199,000,000).

(b) Disbursements for such improvements are to be financed from the

sale of bonds pursuant to the Accelerated Capacity and Transportation

Improvements of the Nineties Bond Act.

3. Program distribution. The moneys received by the state from the

sale of bonds sold pursuant to the Accelerated Capacity and

Transportation Improvements of the Nineties Bond Act shall be expended

pursuant to annual appropriations for the following purposes:

(a) for reconstruction, replacement, reconditioning and preservation

of state highways and parkways, and bridges thereon, for the purpose of

restoring such facilities to their intended functions; provided,

however, that in Nassau and Suffolk counties such reconstruction,

replacement, reconditioning and preservation of state highways and

parkways, and bridges thereon, shall be targeted to high capacity

roadways to improve traffic flow and reduce congestion: one billion,

nine hundred twelve million dollars ($1,912,000,000);

(b) for construction, reconstruction and improvement of the state's

highways and parkways, and bridges thereon, for the purposes of

addressing current and projected severe capacity problems as identified

by the commissioner: eight hundred thirty-one million dollars

($831,000,000); and

(c) for construction, reconstruction, replacement, preservation,

enhancement, restoration and improvement of selected municipal bridges

not on the state highway system: two hundred fifty-seven million dollars

($257,000,000).