NY Arts & Cult Aff L § 21.05 (2021)
2021 New York Laws ACA - Arts and Cultural Affairs Title E - New York State Cultural Resources Act Article 21 - Trust for Cultural Resources of the City of New York 21.05 - Creation and Administration of the Trust.

§ 21.05. Creation  and administration of the trust. 1. There is hereby   created the trust for cultural resources of the city of New  York  which   shall  have all the powers, rights, privileges and exemptions of a trust   for cultural resources described in article twenty of this  chapter  and   this article.2.  The board of trustees of the trust shall consist of nine trustees,   as follows: the deputy mayor of finance and economic development of  the   city  of  New  York,  the  chairperson  of  the New York city industrial   development agency, the commissioner of cultural affairs of the city  of   New  York and six trustees to be appointed by the mayor. The mayor shall   designate one of the trustees appointed by the mayor as chairman of  the   board  of  trustees. The chairman shall preside over all meetings of the   board of trustees, and after consultation with the mayor,  the  chairman   may  appoint  a  trustee  who may be the chairman as president and chief   executive officer of the trust. The chairman and the president and chief   executive officer shall have such powers and duties as are set forth  in   the  by-laws  of  the  trust.  Trustees  appointed by the mayor shall be   appointed for a term of six years from  the  effective  dates  of  their   appointments; provided, however, that the term of office of two trustees   first  appointed  shall  be  five  years,  and the term of office of one   trustee first appointed shall be four years. All trustees shall continue   to hold office until their successors have been  appointed.  If  at  any   time  there  is a vacancy in the membership of the board of trustees, by   reason  of  death,  resignation,  disqualification  or  otherwise,  such   vacancy shall be filled for the unexpired term in the same manner as the   original  appointment.  The mayor may remove any trustee from office for   cause.3. The deputy mayor for economic development  and  rebuilding  of  the   city  of  New  York,  the  chairperson  of  the New York city industrial   development agency and the commissioner of cultural affairs of the  city   of  New York each may designate a person from his or her staff or agency   to represent him or her at all meetings of the board of trustees of  the   trust  for  cultural  resources for the city of New York from which such   trustee may be absent. Any representatives so designated shall have  the   power  to  attend and to vote at any meeting of the board of trustees of   said trust from which the trustee so designating him or her  is  absent,   with  the  same  force  and  effect  as  if the trustee designating such   representative were present and voting. Such  designation  shall  be  by   written  notice  signed  by  the  trustee  making  the  designation  and   delivered to the chairman of the board of  trustees  of  the  trust  for   cultural  resources  for  the  city of New York. The designation of each   such person shall continue until revoked at any time by  written  notice   signed  by the trustee making the designation or his or her successor in   office. Such designation shall not limit the power of the trustee making   the designation to attend and vote in person at any meeting of the board   of trustees of the trust for cultural resources  for  the  city  of  New   York.4.  Notwithstanding  any other provision of law, any person serving as   an ex officio member of the board of trustees of the trust for  cultural   resources  for  the  city  of  New York, may also serve as an ex officio   member  of  the  board  of  trustees,  or  equivalent   body,   of   any   participating  cultural institution. Notwithstanding any other provision   of law, the trust for cultural resources for the city of  New  York  may   enter   into   a  financing  agreement  with  a  participating  cultural   institution if more than one person serving on the board of trustees, or   the equivalent body, of such participating cultural  institution  serves   concurrently  on  the  board  of  trustees  of  the  trust  for cultural   resources for the city of New York, provided, however, that no more than    one such person serves other than in an ex officio capacity. Any trustee   of the trust for cultural resources for the city  of  New  York  who  is   concurrently  serving on the board of trustees, or equivalent body, of a   participating  cultural  institution shall refrain from participating in   discussions or  voting  on  matters  pertaining  to  such  participating   cultural  institution,  except  that  any  such trustee of the trust for   cultural resources for the city of New York who is serving  concurrently   as an ex officio member of the board of trustees of such trust and as an   ex  officio  member of the board of trustees, or the equivalent body, of   such participating cultural institution may participate  in  discussions   and   voting  on  matters  pertaining  to  such  participating  cultural   institutions while attending any regularly  scheduled  meeting  or  duly   called  special  meeting  of  the  board  of directors for the trust for   cultural resources for the city of New York.