2023 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.