2023 New York Laws › PBA - Public Authorities › Article 5 - Public Utility Authorities › Title 12 - New York State Environmental Facilities Corporation › 1285-L - State Park Infrastructure Projects.

§  1285-l.  State park infrastructure projects. In order to effectuate
  the purposes of this title, the corporation  shall  have  the  following
  additional special powers:
1. Notwithstanding the provisions of any general or special law to the
  contrary,  the  office of parks, recreation and historic preservation or
  the division of the budget, with the approval of  the  director  of  the
  budget,  and  the corporation are each hereby authorized to enter into a
  contract or  contracts  providing  for  the  financing  of  the  design,
  acquisition,  construction,  improvement  and installation of all or any
  portion of any state park infrastructure project or reimbursement to the
  state for costs incurred in connection with a state park  infrastructure
  project  for  and  on  behalf  of the state; and the corporation and the
  office of parks, recreation and historic preservation or the division of
  the budget, with the approval of the director of the budget,  may  enter
  into  a  contract, lease, easement, license or other instrument pursuant
  to which the corporation shall make all or any portion of any state park
  infrastructure project available to such state agency. Any such contract
  or contracts, lease, easement, license or other instrument shall be upon
  such terms and  conditions  as  the  corporation  and  the  state  shall
  determine  to  be reasonable, including, but not limited to, the payment
  of or reimbursement  to  the  corporation  for  (a)  all  costs  of  the
  corporation   in  financing  all  or  any  portion  of  any  state  park
  infrastructure project, and any claims arising therefrom, (b)  all  fees
  and  other  charges of, and all expenses incurred by, the corporation in
  connection with the issuance and administration of any  bonds  or  notes
  issued  by  the corporation for such purpose, and (c) amounts sufficient
  to pay all principal, premium, if any, and interest  on  such  bonds  or
  notes.  Such payment or reimbursement may be made annually or otherwise,
  may be in fixed amounts or based on any factors or other matters, or may
  be made in any other manner,  as  such  contract  or  contracts,  lease,
  easement, license or other instrument shall provide.  Provided, however,
  that the net proceeds of any such bonds or notes issued shall not exceed
  sixteen  million  dollars,  not  including  issuance  costs, capitalized
  interest and debt service reserve funds.
2. Any such contract or contracts, lease, easement, license  or  other
  instrument  entered  into  pursuant  to  subdivision one of this section
  shall provide that the obligation of the state to fund  or  to  pay  the
  amounts  therein  provided  for shall not constitute a debt of the state
  within the meaning of any  constitutional  or  statutory  provision  and
  shall  be  deemed  executory  only  to  the  extent  of moneys available
  therefor and that no liability shall be incurred by the state beyond the
  moneys available for such purpose, and that such obligation  is  subject
  to annual appropriation by the legislature.
3.  Any  such contract or contracts, lease, easement, license or other
  instrument or any payments made or to be made thereunder may be assigned
  and pledged by the corporation as  security  for  its  bonds  and  notes
  issued  for  the  purpose of financing all or any part of any state park
  infrastructure project.
4. The corporation and the office of parks,  recreation  and  historic
  preservation  or  the  division  of the budget, with the approval of the
  director of the budget, may enter into any leases,  easements,  licenses
  or  other instruments for the purpose of granting to the corporation any
  interest in real property which the corporation shall deem necessary for
  the  purpose  of  financing  the  design,   acquisition,   construction,
  improvement  and  installation  of  all or any portion of any state park
  infrastructure project. The corporation shall hold any such interest  in
  real  property  in  trust  for  the  state,  shall  make  and  keep such

  properties accessible to the public, and shall not sell, lease, exchange
  or donate such properties except to the state.
5.   The   comptroller  is  hereby  authorized  to  receive  from  the
  corporation any portion of special  obligation  bond  proceeds  paid  to
  provide  funds  for or reimburse the state for its costs associated with
  any state park infrastructure project and to credit such amounts to  the
  capital projects fund or any other appropriate fund.