N.Y. Urban Development Corporation Act 174/68 § 30-a: With respect to applications for assistance submitted pursuant to this act: (a) The corporation shall, upon receipt of an application or ...

§ 30-a. With respect to applications for assistance submitted pursuant

to this act:

(a) The corporation shall, upon receipt of an application or other

formal request for funding for any project, provide notice of such

application or request within ten days of such receipt to the senator

and member of assembly representing the district in which such project

is to be located;

(b) The corporation shall provide copies of all correspondence

relating to each such application to such senator or member of assembly

on a timely basis; provided, however, that proprietary information may

be withheld from such correspondence if such senator and member of

assembly is given notice that such information has been withheld;

(c) Such senators and members of assembly shall be provided notice of

all proceedings relating to such application and shall be invited to

participate in such proceedings. A copy of such notice shall also be

provided to the designees of the temporary president of the senate and

the speaker of assembly;

(d) Such senators and members of assembly shall be provided with

notice of the final disposition of the application by the corporation

and the reasons for such disposition;

(e) In order to ensure that the funds appropriated for existing

statutory programs are approved in a equitable, ratable and timely

manner, the corporation shall:

(1) require all projects, including those in an amount of fifty

thousand dollars or less, be approved by the governing board of the

corporation and included in the agenda and the minutes of the meetings

of the board, accompanied by a summary of the proposed project and the

source of funds used to finance the project; and

(2) require projects to be financed out of the empire state economic

development fund be approved generally in amounts which are proportional

to amounts appropriated for the urban and community development program,

and the minority and women-owned business development and lending

program;

(f) The corporation shall accept no funds through transfer from the

department of economic development for personal or nonpersonal service

expenses, except for economic development program funds where such

transfer will facilitate the prompt and effective distribution of

program funds to projects, provided that those funds are used for the

statutory purposes for which they were appropriated to the department of

economic development;

(g) No later than twenty days after the end of each fiscal year

quarter, the chairman of the urban development corporation shall:

(1) report to the senate majority leader and the speaker of the

assembly on the status of all economic development programs administered

during the current fiscal year. Such report shall include but not be

limited to:

(A) a cumulative summary of commitments and disbursements by year of

original appropriation;

(B) the geographic distribution of approved projects;

(C) the extent to which approved projects are expected to create or

retain jobs in New York state; and

(D) the impact of approved projects, where quantified and available,

on distressed urban and rural communities, small- and medium-sized

businesses, and strategic industries.

(2) Copies of such report shall also be provided to the designees of

the temporary president of the senate and the speaker of the assembly in

both paper and electronic format;

(h) If: (1) such report is not submitted on or before the required

date, or (2) the corporation has failed to undertake a good faith effort

to comply with this act, upon a written determination of non-compliance

issued, not more than quarterly, by either the temporary president of

the senate or speaker of the assembly, the corporation agrees that it

shall approve no further project commitments from the empire state

economic development fund and no state funds appropriated from the local

assistance account shall be allocated to the corporation for such

commitments until such report is submitted or the corporation provides

evidence of good faith effort to be in compliance with provisions

hereof; and

(i) Upon the issuance of such a determination of non-compliance, the

corporation shall undertake the necessary acts to comply with this

agreement and shall provide evidence of such compliance within ten days

of receipt of such determination.