N.Y. UDA Law § 30-A — New York Code / Act UDA / Section 30-A
With respect to applications for assistance submitted pursuant to this act: (a) The corporation shall, upon receipt of an application or ...
Status: in_force

§ 30-a. With respect to applications for assistance submitted pursuant\nto this act:\n  (a) The corporation shall, upon receipt of an application or other\nformal request for funding for any project, provide notice of such\napplication or request within ten days of such receipt to the senator\nand member of assembly representing the district in which such project\nis to be located;\n  (b) The corporation shall provide copies of all correspondence\nrelating to each such application to such senator or member of assembly\non a timely basis; provided, however, that proprietary information may\nbe withheld from such correspondence if such senator and member of\nassembly is given notice that such information has been withheld;\n  (c) Such senators and members of assembly shall be provided notice of\nall proceedings relating to such application and shall be invited to\nparticipate in such proceedings. A copy of such notice shall also be\nprovided to the designees of the temporary president of the senate and\nthe speaker of assembly;\n  (d) Such senators and members of assembly shall be provided with\nnotice of the final disposition of the application by the corporation\nand the reasons for such disposition;\n  (e) In order to ensure that the funds appropriated for existing\nstatutory programs are approved in a equitable, ratable and timely\nmanner, the corporation shall:\n  (1) require all projects, including those in an amount of fifty\nthousand dollars or less, be approved by the governing board of the\ncorporation and included in the agenda and the minutes of the meetings\nof the board, accompanied by a summary of the proposed project and the\nsource of funds used to finance the project; and\n  (2) require projects to be financed out of the empire state economic\ndevelopment fund be approved generally in amounts which are proportional\nto amounts appropriated for the urban and community development program,\nand the minority and women-owned business development and lending\nprogram;\n  (f) The corporation shall accept no funds through transfer from the\ndepartment of economic development for personal or nonpersonal service\nexpenses, except for economic development program funds where such\ntransfer will facilitate the prompt and effective distribution of\nprogram funds to projects, provided that those funds are used for the\nstatutory purposes for which they were appropriated to the department of\neconomic development;\n  (g) No later than twenty days after the end of each fiscal year\nquarter, the chairman of the urban development corporation shall:\n  (1) report to the senate majority leader and the speaker of the\nassembly on the status of all economic development programs administered\nduring the current fiscal year. Such report shall include but not be\nlimited to:\n  (A) a cumulative summary of commitments and disbursements by year of\noriginal appropriation;\n  (B) the geographic distribution of approved projects;\n  (C) the extent to which approved projects are expected to create or\nretain jobs in New York state; and\n  (D) the impact of approved projects, where quantified and available,\non distressed urban and rural communities, small- and medium-sized\nbusinesses, and strategic industries.\n  (2) Copies of such report shall also be provided to the designees of\nthe temporary president of the senate and the speaker of the assembly in\nboth paper and electronic format;\n  (h) If: (1) such report is not submitted on or before the required\ndate, or (2) the corporation has failed to undertake a good faith effort\nto comply with this act, upon a written determination of non-compliance\nissued, not more than quarterly, by either the temporary president of\nthe senate or speaker of the assembly, the corporation agrees that it\nshall approve no further project commitments from the empire state\neconomic development fund and no state funds appropriated from the local\nassistance account shall be allocated to the corporation for such\ncommitments until such report is submitted or the corporation provides\nevidence of good faith effort to be in compliance with provisions\nhereof; and\n  (i) Upon the issuance of such a determination of non-compliance, the\ncorporation shall undertake the necessary acts to comply with this\nagreement and shall provide evidence of such compliance within ten days\nof receipt of such determination.\n