NY Pub Auth L § 2661 (2021)
2021 New York Laws PBA - Public Authorities Article 8 - Miscellaneous Authorities Title 28-B - Schenectady Metroplex Development Authority 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.