LBD01915-01-9
S. 1426 2
2799-MMMM. DIVISION OF HOUSING AND COMMUNITY RENEWAL; ASSISTANCE
AND SERVICES.
2799-NNNN. OPERATION OF MOTOR VEHICLES.
2799-OOOO. NOT-FOR-PROFIT GRANT DISTRIBUTION.
2799-PPPP. SEVERABILITY OF PROVISIONS.
2799-QQQQ. TRANSFER OF FUNDS.
§ 2799-AAAA. LEGISLATIVE DECLARATION. THE LEGISLATURE HEREBY FINDS,
DETERMINES AND DECLARES THAT: (A) THE CITY OF NEW YORK AND THE NEW YORK
STATE URBAN DEVELOPMENT CORPORATION HAVE ENTERED INTO A LEASE PROVIDING
FOR THE URBAN DEVELOPMENT CORPORATION TO USE ITS STATUTORY POWERS TO
CREATE ON ROOSEVELT ISLAND A NEW COMMUNITY WHICH WOULD RETAIN AND
HEIGHTEN THE BENEFITS OF URBAN LIVING WHILE PRESERVING A SENSE OF SCALE
AND OPEN SPACE FOR ROOSEVELT ISLAND RESIDENTS AND NEW YORK CITY AS A
WHOLE; (B) THE URBAN DEVELOPMENT CORPORATION HAS AND ITS SUCCESSORS HAVE
CONSTRUCTED THE FIRST PHASES OF THE ISLAND'S DEVELOPMENT, INCLUDING
PUBLIC FACILITIES, PURSUANT TO A GENERAL DEVELOPMENT PLAN FOR ROOSEVELT
ISLAND, WHICH PLAN IS BEING UPDATED AND WHICH PLAN CONTEMPLATES SIGNIF-
ICANT FUTURE DEVELOPMENT, INCLUDING THE PROVISION OF ADDITIONAL HOUSING,
COMMERCIAL, CIVIC, RECREATIONAL AND OTHER FACILITIES; (C) IT IS IN THE
PUBLIC INTEREST FOR THE URBAN DEVELOPMENT CORPORATION TO TRANSFER ALL OF
ITS RIGHTS AND OBLIGATIONS WITH RESPECT TO THE DEVELOPMENT, OPERATION
AND SUPERVISION OF BOTH SUCH EXISTING AND SUCH PROPOSED DEVELOPMENT TO A
PUBLIC BENEFIT CORPORATION WHICH SHALL BE UNDER THE SUPERVISION OF THE
COMMISSIONER OF HOMES AND COMMUNITY RENEWAL; AND (D) IT IS IN THE PUBLIC
INTEREST THAT THE PUBLIC BENEFIT CORPORATION PLAN, DESIGN, DEVELOP,
OPERATE, MAINTAIN AND MANAGE ROOSEVELT ISLAND AND HAVE VESTED IN IT SUCH
POWERS AS ARE NECESSARY OR CONVENIENT TO EFFECTUATE THOSE FUNCTIONS AND
THAT THE DIVISION OF HOUSING AND COMMUNITY RENEWAL BE AUTHORIZED TO
ASSIST SUCH CORPORATION IN THE PERFORMANCE OF ITS DUTIES WITH RESPECT TO
ROOSEVELT ISLAND.
§ 2799-BBBB. DEFINITIONS. AS USED IN THIS TITLE, THE FOLLOWING TERMS
SHALL HAVE THE FOLLOWING MEANINGS:
1. "CITY" SHALL MEAN THE CITY OF NEW YORK;
2. "COMMISSIONER" SHALL MEAN THE COMMISSIONER OF HOMES AND COMMUNITY
RENEWAL;
3. "CORPORATION" SHALL MEAN THE ROOSEVELT ISLAND OPERATING CORPORATION
CREATED BY THIS SECTION;
4. "DEVELOPMENT SUBLEASES" SHALL MEAN (A) THE SUBLEASE DATED AUGUST
FIRST, NINETEEN HUNDRED EIGHTY BETWEEN THE URBAN DEVELOPMENT CORPORATION
AND THE CITY, (B) THE GROUND LEASE, DATED OCTOBER THIRTIETH, NINETEEN
HUNDRED SEVENTY-TWO, BETWEEN THE URBAN DEVELOPMENT CORPORATION AND NORTH
TOWN PHASE II HOUSES, INC., (C) THE GROUND LEASE, DATED APRIL TWENTY-
FIFTH, NINETEEN HUNDRED SEVENTY-THREE, BETWEEN THE URBAN DEVELOPMENT
CORPORATION AND NORTH TOWN PHASE III HOUSES, INC., (D) THE RESTATED
GROUND LEASE, DATED NOVEMBER THIRTIETH, NINETEEN HUNDRED SEVENTY-SEVEN,
BETWEEN THE URBAN DEVELOPMENT CORPORATION AND RIVERCROSS TENANTS' CORPO-
RATION, (E) THE GROUND LEASE BETWEEN THE CORPORATION AND MANHATTAN PARK
DATED AUGUST FOURTH, NINETEEN HUNDRED EIGHTY SIX, (F) THE GROUND LEASE
BETWEEN THE CORPORATION AND RELATED AND HUDSON COMPANIES DATED DECEMBER
TWENTY-FIRST, TWO THOUSAND ONE, AND (G) THE SUBLEASE BETWEEN THE CORPO-
RATION AND MEPT OCTAGON, LLC DATED NOVEMBER THIRD, TWO THOUSAND FOUR;
5. "DIVISION" SHALL MEAN THE NEW YORK STATE DIVISION OF HOUSING AND
COMMUNITY RENEWAL;
6. "LEASE" SHALL MEAN THE LEASE, DATED DECEMBER TWENTY-THIRD, NINETEEN
HUNDRED SIXTY-NINE, AS HERETOFORE OR HEREAFTER AMENDED, AMONG THE CITY
OF NEW YORK, THE NEW YORK STATE URBAN DEVELOPMENT CORPORATION AND THE
S. 1426 3
ROOSEVELT ISLAND DEVELOPMENT CORPORATION, PURSUANT TO WHICH THE CITY
LEASED SUBSTANTIALLY ALL OF ROOSEVELT ISLAND TO THE NEW YORK STATE URBAN
DEVELOPMENT CORPORATION FOR DEVELOPMENT SUBSTANTIALLY IN ACCORDANCE WITH
THE DEVELOPMENT PLAN REFERRED TO THEREIN;
7. "ROOSEVELT ISLAND" SHALL MEAN THE ISLAND LOCATED IN THE EAST RIVER,
CITY AND COUNTY OF NEW YORK, EXTENDING FROM APPROXIMATELY FIFTIETH
STREET TO EIGHTY-SIXTH STREET IN MANHATTAN;
8. "SAFE AFFORDABLE HOUSING FOR EVERYONE, INC." SHALL MEAN THE NEW
YORK CORPORATION ORGANIZED UNDER ARTICLE SIX-A OF THE PRIVATE HOUSING
FINANCE LAW AND UNDER THE SUPERVISION AND CONTROL OF THE COMMISSIONER;
9. "TRAMWAY FRANCHISE" SHALL MEAN THE FRANCHISE FOR THE ROOSEVELT
ISLAND TRAMWAY GRANTED BY THE CITY TO THE URBAN DEVELOPMENT CORPORATION
ON FEBRUARY NINETEENTH, NINETEEN HUNDRED SEVENTY-FOUR; AND
10. "URBAN DEVELOPMENT CORPORATION" SHALL MEAN THE NEW YORK STATE
URBAN DEVELOPMENT CORPORATION AND ANY SUCCESSOR AGENCY.
§ 2799-CCCC. ESTABLISHMENT OF THE CORPORATION; ORGANIZATION OF THE
BOARD. 1. TO EFFECTUATE THE PURPOSES AND PROVISIONS OF THIS TITLE, THERE
IS HEREBY CREATED THE "ROOSEVELT ISLAND OPERATING CORPORATION", WHICH
SHALL BE A BODY CORPORATE AND POLITIC CONSTITUTING A PUBLIC BENEFIT
CORPORATION AND A POLITICAL SUBDIVISION OF THE STATE OF NEW YORK.
2. THE BOARD OF DIRECTORS OF THE CORPORATION SHALL BE COMPOSED OF NINE
MEMBERS. ONE MEMBER SHALL BE THE COMMISSIONER, WHO SHALL SERVE AS THE
CHAIR; ONE MEMBER SHALL BE THE DIRECTOR OF THE BUDGET; AND SEVEN PUBLIC
MEMBERS SHALL BE APPOINTED BY THE GOVERNOR WITH THE ADVICE AND CONSENT
OF THE SENATE. OF THE SEVEN PUBLIC MEMBERS, TWO MEMBERS, ONE OF WHOM
SHALL BE A RESIDENT OF ROOSEVELT ISLAND, SHALL BE APPOINTED UPON THE
RECOMMENDATION OF THE MAYOR OF THE CITY; AND FOUR ADDITIONAL MEMBERS
SHALL BE RESIDENTS OF ROOSEVELT ISLAND. EACH MEMBER SHALL SERVE FOR A
TERM OF FOUR YEARS AND UNTIL HIS OR HER SUCCESSOR SHALL HAVE BEEN
APPOINTED AND SHALL HAVE QUALIFIED, EXCEPT THAT THE COMMISSIONER AND THE
DIRECTOR OF THE BUDGET SHALL SERVE SO LONG AS THEY CONTINUE TO HOLD
THEIR RESPECTIVE OFFICES. ANY ACTION TAKEN BY THE DIRECTORS OF THE
CORPORATION SHALL BE TAKEN BY MAJORITY VOTE OF THE DIRECTORS THEN IN
OFFICE. THE ELECTED PUBLIC OFFICIALS WHO REPRESENT ROOSEVELT ISLAND
SHALL BE REPRESENTATIVES TO THE BOARD OF DIRECTORS OF THE CORPORATION
ENTITLED TO RECEIVE NOTICE OF AND ATTEND ALL MEETINGS OF SUCH BOARD BUT
SHALL NOT BE ENTITLED TO VOTE. FAILURE TO GIVE SUCH NOTICE SHALL NOT
AFFECT THE VALIDITY OF ANY ACTION TAKEN AT A MEETING OF SUCH BOARD.
3. THE GOVERNOR MAY FILL ANY VACANCY WHICH OCCURS ON THE BOARD OF
DIRECTORS OF THE CORPORATION IN A MANNER CONSISTENT WITH THE ORIGINAL
APPOINTMENT. ANY MEMBER OF THE CORPORATION MAY BE REMOVED BY THE GOVER-
NOR FOR CAUSE, BUT NOT WITHOUT AN OPPORTUNITY TO BE HEARD, IN PERSON OR
BY COUNSEL, IN HIS OR HER DEFENSE, UPON NOT LESS THAN TEN DAYS' WRITTEN
NOTICE.
4. THE COMMISSIONER AND THE DIRECTOR OF THE BUDGET MAY EACH DESIGNATE
AN OFFICER OR EMPLOYEE OF HIS OR HER RESPECTIVE DIVISION TO REPRESENT
SUCH MEMBER AT MEETINGS OF THE CORPORATION. SUCH DESIGNATION SHALL BE BY
WRITTEN NOTICE FILED WITH THE CHAIR OR THE SECRETARY OF THE CORPORATION
BY THE MEMBER MAKING THE DESIGNATION, AND MAY BE REVOKED AT ANY TIME BY
SIMILAR NOTICE. ANY REPRESENTATIVE SO DESIGNATED SHALL HAVE THE POWER TO
ATTEND AND TO VOTE AT ANY MEETING OF THE CORPORATION FROM WHICH THE
MEMBER MAKING THE DESIGNATION IS ABSENT WITH THE SAME FORCE AND EFFECT
AS IF THE MEMBER MAKING THE DESIGNATION WERE PRESENT AND VOTING. NO SUCH
DESIGNATION SHALL LIMIT THE RIGHT OF THE MEMBER MAKING THE DESIGNATION
TO ATTEND AND VOTE IN PERSON AT ANY MEETING OF THE CORPORATION.
S. 1426 4
5. A MEMBER OF THE CORPORATION WHO IS NOT AN OFFICER OR EMPLOYEE OF
THE STATE OR THE CITY SHALL NOT RECEIVE A SALARY OR OTHER COMPENSATION,
BUT SHALL BE ENTITLED TO REIMBURSEMENT FOR ACTUAL AND NECESSARY EXPENSES
INCURRED IN THE PERFORMANCE OF OFFICIAL DUTIES AS A MEMBER. A MEMBER OF
THE CORPORATION WHO IS NOT AN OFFICER OR EMPLOYEE OF THE STATE OR THE
CITY MAY ENGAGE IN PRIVATE EMPLOYMENT, OR IN A PROFESSION OR BUSINESS,
UNLESS OTHERWISE PROHIBITED BY LAW FROM DOING SO. NOTWITHSTANDING ANY
OTHER PROVISION OF LAW, GENERAL, SPECIAL, OR LOCAL, NO OFFICER OR
EMPLOYEE OF THE STATE OR ANY CIVIL DIVISION THEREOF SHALL BE DEEMED TO
HAVE FORFEITED, OR SHALL FORFEIT SUCH OFFICE OF EMPLOYMENT BECAUSE OF
ACCEPTANCE OF MEMBERSHIP IN THE CORPORATION, OR BY VIRTUE OF BEING AN
OFFICER, EMPLOYEE OR AGENT THEREOF.
§ 2799-DDDD. POWERS OF THE CORPORATION. THE CORPORATION'S POWERS SHALL
BE LIMITED TO CARRYING OUT THE DEVELOPMENT, MANAGEMENT AND OPERATION OF
ROOSEVELT ISLAND. IN CARRYING OUT SUCH DEVELOPMENT, MANAGEMENT AND OPER-
ATION, THE CORPORATION SHALL HAVE THE POWER TO:
1. SUE AND BE SUED;
2. HAVE A SEAL AND ALTER THE SAME AT PLEASURE;
3. MAKE AND ALTER BY-LAWS FOR ITS ORGANIZATION AND INTERNAL MANAGEMENT
AND MAKE RULES AND REGULATIONS GOVERNING THE USE OF ITS PROPERTY AND
FACILITIES;
4. MAKE AND EXECUTE CONTRACTS AND ALL OTHER INSTRUMENTS NECESSARY OR
CONVENIENT FOR THE EXERCISE OF ITS POWERS AND FUNCTIONS UNDER THIS ACT;
5. ACQUIRE IN THE NAME OF THE CORPORATION BY PURCHASE, GRANT OR GIFT,
OR BY THE EXERCISE OF THE POWER OF EMINENT DOMAIN PURSUANT TO THE
EMINENT DOMAIN PROCEDURE LAW, OR OTHERWISE, REAL OR PERSONAL PROPERTY,
OR ANY INTEREST THEREIN DEEMED NECESSARY OR DESIRABLE FOR THE DEVELOP-
MENT, MANAGEMENT OR OPERATION OF ROOSEVELT ISLAND, INCLUDING, WITHOUT
LIMITATION, LEASEHOLD INTEREST, AIR AND SUBSURFACE RIGHTS, EASEMENTS AND
LANDS UNDER WATER AT THE SITE OF ROOSEVELT ISLAND OR IN THE GENERAL
VICINITY THEREOF, AND TO SUBJECT SUCH PROPERTY OR INTEREST THEREIN TO A
PURCHASE MONEY OR OTHER LIEN OR SECURITY INTEREST IN CONNECTION WITH THE
ACQUISITION AND DEVELOPMENT THEREOF, PROVIDED THAT THE CORPORATION SHALL
HAVE NO AUTHORITY OR POWER TO ISSUE ANY NOTES, BONDS OR OTHER DEBT OBLI-
GATIONS, WHETHER FOR THE PURPOSE OF FINANCING THE DEVELOPMENT OF ROOSE-
VELT ISLAND OR OTHERWISE;
6. HOLD AND DISPOSE OF REAL OR PERSONAL PROPERTY FOR ITS CORPORATE
PURPOSES;
7. APPOINT OFFICERS, AGENTS AND EMPLOYEES, PRESCRIBE THEIR DUTIES AND
FIX THEIR COMPENSATION IN ACCORDANCE WITH A STAFFING AND COMPENSATION
PLAN SUBMITTED TO AND APPROVED BY THE DIRECTOR OF THE BUDGET;
8. ENGAGE THE SERVICES OF PRIVATE CONSULTANTS ON A CONTRACT BASIS FOR
RENDERING PROFESSIONAL AND TECHNICAL ASSISTANCE ADVICE;
9. PROCURE INSURANCE AGAINST ANY LOSS IN CONNECTION WITH ITS ACTIV-
ITIES, PROPERTIES AND OTHER ASSETS, IN SUCH AMOUNT AND FROM SUCH INSUR-
ERS AS IT DEEMS DESIRABLE;
10. CHARGE AND COLLECT FEES, RENTS AND OTHER CHARGES FOR THE OCCUPANCY
OR OTHER USE OF REAL OR PERSONAL PROPERTY OR FACILITIES OWNED, OPERATED,
MANAGED OR REGULATED BY THE CORPORATION;
11. ACCEPT ANY GIFTS OR GRANTS OF MONEY OR PROPERTY, OR FINANCIAL OR
OTHER AID IN ANY FORM, FROM THE FEDERAL GOVERNMENT, THE STATE, OR THE
CITY (OR ANY INSTRUMENTALITY OF ANY SUCH GOVERNMENT) OR FROM ANY OTHER
SOURCE AND, SUBJECT TO THE PROVISIONS OF THIS TITLE AND OTHER APPLICABLE
LAW, TO COMPLY WITH ANY CONDITIONS OF SUCH ASSISTANCE AND EXECUTE ANY
CONTRACTS OR OTHER INSTRUMENTS IN CONNECTION THEREWITH;
S. 1426 5
12. INVEST ANY FUNDS OF THE CORPORATION, OR ANY OTHER MONIES UNDER ITS
CUSTODY AND CONTROL NOT REQUIRED FOR IMMEDIATE USE OR DISBURSEMENT, AT
THE DISCRETION OF THE CORPORATION, IN OBLIGATIONS OF THE STATE OR THE
UNITED STATES GOVERNMENT OR OBLIGATIONS THE PRINCIPAL AND INTEREST OF
WHICH ARE GUARANTEED BY THE STATE OR THE UNITED STATES GOVERNMENT, OR IN
ANY OTHER OBLIGATIONS IN WHICH THE COMPTROLLER OF THE STATE IS AUTHOR-
IZED TO INVEST PURSUANT TO SECTION NINETY-EIGHT OF THE STATE FINANCE
LAW;
13. ENTER INTO SUCH AGREEMENTS WITH THE STATE, THE URBAN DEVELOPMENT
CORPORATION AND THE CITY AS THE PARTIES THERETO DEEM APPROPRIATE TO
EFFECTUATE THE PROVISIONS OF THIS TITLE;
14. ASSUME AND PERFORM THE OBLIGATIONS AND RESPONSIBILITIES OF THE
URBAN DEVELOPMENT CORPORATION UNDER THE LEASE, THE TRAMWAY FRANCHISE,
AND ALL OTHER CONTRACTS, LEASES, AND AGREEMENTS HERETOFORE ENTERED INTO
BY THE URBAN DEVELOPMENT CORPORATION RELATING TO THE DEVELOPMENT,
MANAGEMENT AND OPERATION OF ROOSEVELT ISLAND (EXCEPT THAT THE CORPO-
RATION SHALL NOT ASSUME ANY OF THE RIGHTS, DUTIES AND RESPONSIBILITIES
OF THE URBAN DEVELOPMENT CORPORATION IN RELATION TO ANY BONDS OR NOTES
ISSUED, OR MORTGAGES OR SECURITY AGREEMENTS HELD, BY THE URBAN DEVELOP-
MENT CORPORATION OR ANY OF ITS SUBSIDIARIES) AND EXERCISE ALL OF THE
RIGHTS OF THE URBAN DEVELOPMENT CORPORATION WITH RESPECT THERETO; AND
15. DO AND PERFORM ALL OTHER ACTS NECESSARY OR CONVENIENT TO CARRY OUT
THE FOREGOING IN CONNECTION WITH THE DEVELOPMENT, MANAGEMENT OR OPERA-
TION OF ROOSEVELT ISLAND.
§ 2799-EEEE. RULES AND REGULATIONS; APPROVAL OF DEVELOPMENT PLAN
AMENDMENTS; APPLICABILITY OF LOCAL LAWS. 1. THE CORPORATION SHALL
PROMULGATE SUCH RULES AND REGULATIONS AS IT SHALL DEEM APPROPRIATE TO
PROVIDE AN OPPORTUNITY FOR RESIDENTS OF ROOSEVELT ISLAND TO COMMENT UPON
ANY MAJOR AMENDMENT OF THE DEVELOPMENT PLAN FOR ROOSEVELT ISLAND
REFERRED TO IN THE LEASE AT A PUBLIC HEARING HELD PRIOR TO ITS ADOPTION
BY THE CORPORATION.
2. ANY AMENDMENT OF THE DEVELOPMENT PLAN FOR ROOSEVELT ISLAND REFERRED
TO IN THE LEASE SHALL BE SUBJECT TO THE REVIEW AND APPROVAL OF THE
DIRECTOR OF THE BUDGET, AND THE CORPORATION SHALL NOT ENTER INTO ANY
AGREEMENT FOR THE DESIGN OR CONSTRUCTION OF ANY IMPROVEMENT PROVIDED FOR
IN ANY SUCH AMENDMENT PRIOR TO SUCH APPROVAL.
3. THE REQUIREMENTS OF ALL LOCAL LAWS, ORDINANCES, CODES, CHARTERS OR
REGULATIONS SHALL BE APPLICABLE TO THE CONSTRUCTION, ALTERATION OR
IMPROVEMENT OF ANY BUILDING OR STRUCTURE ON ROOSEVELT ISLAND, PROVIDED
THAT THE CORPORATION MAY, IN LIEU OF SUCH COMPLIANCE, DETERMINE THAT THE
REQUIREMENTS OF THE NEW YORK STATE UNIFORM FIRE PREVENTION AND BUILDING
CODE, FORMULATED BY THE STATE FIRE PREVENTION AND BUILDING CODE COUNCIL
PURSUANT TO ARTICLE EIGHTEEN OF THE EXECUTIVE LAW, SHALL BE APPLICABLE
TO SUCH WORK. IN THE EVENT OF SUCH COMPLIANCE WITH THE NEW YORK STATE
UNIFORM FIRE PREVENTION AND BUILDING CODE, THE CITY SHALL HAVE NO POWER
TO MODIFY ANY DRAWINGS, PLANS OR SPECIFICATIONS FOR SUCH WORK OR FOR THE
PLUMBING, HEATING, LIGHTING OR OTHER MECHANICAL BRANCHES THEREOF, OR TO
REQUIRE THAT ANY PERSON, FIRM OR CORPORATION EMPLOYED ON ANY SUCH WORK
PERFORM THE SAME EXCEPT AS PROVIDED BY SUCH PLANS AND SPECIFICATIONS OR
OBTAIN ANY ADDITIONAL AUTHORITY, APPROVAL, PERMIT OR CERTIFICATE FROM
THE CITY IN CONNECTION THEREWITH.
§ 2799-FFFF. POWERS AND DUTIES OF URBAN DEVELOPMENT CORPORATION; LEASE
AND TRAMWAY FRANCHISE. 1. THE CORPORATION SHALL PERFORM ALL OBLIGATIONS
OF THE URBAN DEVELOPMENT CORPORATION OR ANY OF ITS SUBSIDIARIES WITH
RESPECT TO THE DEVELOPMENT, MANAGEMENT AND OPERATION OF ROOSEVELT
S. 1426 6
ISLAND, INCLUDING, WITHOUT LIMITATION, ALL SUCH OBLIGATIONS ARISING
UNDER THE LEASE AND THE TRAMWAY FRANCHISE.
2. THE URBAN DEVELOPMENT CORPORATION, THE DIVISION AND THE CORPORATION
SHALL EACH USE THEIR BEST EFFORTS TO OBTAIN ANY REQUIRED CONSENTS TO THE
ASSIGNMENT OF THE LEASE AND THE TRAMWAY FRANCHISE FROM THE URBAN DEVEL-
OPMENT CORPORATION TO THE CORPORATION AND TO ANY OTHER ASSUMPTION BY THE
CORPORATION OF THE OBLIGATIONS OF THE URBAN DEVELOPMENT CORPORATION OR
ANY OF ITS SUBSIDIARIES UNDER ANY OTHER CONTRACTS, LEASES, AGREEMENTS OR
INSTRUMENTS ENTERED INTO BY THE URBAN DEVELOPMENT CORPORATION, OR ANY
SUCH SUBSIDIARY, RELATING TO THE DEVELOPMENT, MANAGEMENT OR OPERATION OF
ROOSEVELT ISLAND (OTHER THAN ANY BONDS OR NOTES ISSUED, OR MORTGAGES OR
SECURITY AGREEMENTS HELD, BY THE URBAN DEVELOPMENT CORPORATION OR ANY OF
ITS SUBSIDIARIES) AND, UPON OBTAINING SUCH CONSENTS, THE CORPORATION AND
THE URBAN DEVELOPMENT CORPORATION SHALL ENTER INTO SUCH AGREEMENTS AND
TAKE SUCH ACTIONS AS SHALL BE NECESSARY TO EFFECTUATE SUCH ASSIGNMENTS
AND ASSUMPTIONS, PROVIDED THAT IN ORDER TO PERMIT THE URBAN DEVELOPMENT
CORPORATION TO RECOVER THE INVESTMENT WHICH IT HAS HERETOFORE MADE IN
THE DEVELOPMENT OF ROOSEVELT ISLAND, SUCH AGREEMENTS SHALL PROVIDE
APPROPRIATE ASSURANCES SATISFACTORY TO THE URBAN DEVELOPMENT CORPORATION
(A) FOR THE PROMPT PAYMENT DIRECTLY TO THE URBAN DEVELOPMENT CORPORATION
OF ALL SUMS FROM TIME TO TIME DUE FROM LESSEES UNDER THE DEVELOPMENT
SUBLEASES AND ALL SUMS RECEIVED BY THE CORPORATION FROM THE CITY IN
CONNECTION WITH THE TERMINATION OF THE LEASE, AND (B) FOR THE AMENDING
OR SUPPLEMENTING OF THE DEVELOPMENT SUBLEASES TO THE EXTENT, IF ANY,
NECESSARY TO PROTECT THE RIGHTS OF THE HOLDERS OF ANY MORTGAGES ON THE
LEASEHOLD INTERESTS CREATED THEREUNDER. NOTHING IN THIS TITLE SHALL
CONSTITUTE OR AUTHORIZE AN ASSIGNMENT BY THE URBAN DEVELOPMENT CORPO-
RATION, OR ANY SUBSIDIARY THEREOF, OF ANY MORTGAGE OR SECURITY INTEREST
HELD BY THE URBAN DEVELOPMENT CORPORATION, OR ANY SUCH SUBSIDIARY, ON
ANY REAL OR PERSONAL PROPERTY OR INTEREST THEREIN ON ROOSEVELT ISLAND OR
ANY RIGHTS OR OBLIGATIONS OF THE URBAN DEVELOPMENT CORPORATION, OR ANY
SUCH SUBSIDIARY, ARISING UNDER ANY SUCH MORTGAGE OR SECURITY AGREEMENT,
RELIEVE THE URBAN DEVELOPMENT CORPORATION OF ANY OF ITS OBLIGATIONS
UNDER ANY BONDS HERETOFORE ISSUED BY THE URBAN DEVELOPMENT CORPORATION,
OR OTHERWISE AFFECT THE INTERESTS OF THE HOLDERS OF ANY SUCH BONDS.
3. ALL REVENUES, OTHER THAN STATE APPROPRIATIONS, DERIVED FROM THE
CONTRACTS, LEASES, AGREEMENTS OR INSTRUMENTS ASSIGNED TO OR ASSUMED BY
THE CORPORATION PURSUANT TO SUBDIVISION TWO OF THIS SECTION SHALL BE
APPLIED FIRST TO THE PAYMENT OF THOSE OBLIGATIONS ASSIGNED TO OR ASSUMED
BY THE CORPORATION.
4. THE URBAN DEVELOPMENT CORPORATION AND THE CORPORATION ARE HEREBY
AUTHORIZED TO ENTER INTO SUCH AGREEMENTS WITH THE CITY AS THE CORPO-
RATION SHALL DETERMINE TO BE APPROPRIATE TO AMEND, REFORM OR SUPPLEMENT
THE LEASE, INCLUDING THE DEVELOPMENT PLAN REFERRED TO THEREIN, AND THE
TRAMWAY FRANCHISE IN ORDER TO CARRY OUT THE PURPOSES OF THIS TITLE. THE
PROVISIONS OF ANY GENERAL, SPECIAL OR LOCAL LAW NOTWITHSTANDING, THE
CITY IS HEREBY AUTHORIZED TO ENTER INTO ANY SUCH AGREEMENTS WITH THE
CORPORATION AND THE URBAN DEVELOPMENT CORPORATION.
§ 2799-GGGG. EQUAL EMPLOYMENT OPPORTUNITIES. 1. THE CORPORATION SHALL
NOT DISCRIMINATE AGAINST EMPLOYEES OR APPLICANTS FOR EMPLOYMENT BECAUSE
OF RACE, CREED, COLOR, NATIONAL ORIGIN, SEX, SEXUAL ORIENTATION, AGE,
DISABILITY OR MARITAL STATUS, AND WILL UNDERTAKE OR CONTINUE PROGRAMS OF
AFFIRMATIVE ACTION TO ENSURE THAT MINORITY GROUP PERSONS AND WOMEN ARE
AFFORDED EQUAL EMPLOYMENT OPPORTUNITY WITHOUT DISCRIMINATION. SUCH
ACTION SHALL BE TAKEN WITH REFERENCE, BUT NOT BE LIMITED, TO RECRUIT-
MENT, EMPLOYMENT, JOB ASSIGNMENT, PROMOTION, UPGRADING, DEMOTION, TRANS-
S. 1426 7
FER, LAYOFF, TERMINATION, RATE OF PAY OR OTHER FORMS OF COMPENSATION,
AND SELECTIONS FOR TRAINING OR RETRAINING, INCLUDING APPRENTICESHIP AND
ON-THE-JOB TRAINING.
2. THE CORPORATION SHALL REQUEST EACH EMPLOYMENT AGENCY, LABOR UNION,
OR AUTHORIZED REPRESENTATIVE OF WORKERS WITH WHICH IT HAS A COLLECTIVE
BARGAINING OR OTHER AGREEMENT OR UNDERSTANDING, TO FURNISH A WRITTEN
STATEMENT THAT SUCH EMPLOYMENT AGENCY, LABOR UNION OR REPRESENTATIVE
SHALL NOT DISCRIMINATE BECAUSE OF RACE, CREED, COLOR, NATIONAL ORIGIN,
SEX, SEXUAL ORIENTATION, AGE, DISABILITY OR MARITAL STATUS AND THAT SUCH
UNION OR REPRESENTATIVE WILL COOPERATE IN THE IMPLEMENTATION OF THE
CORPORATION'S OBLIGATIONS HEREUNDER.
3. THE CORPORATION SHALL STATE, IN ALL SOLICITATIONS OR ADVERTISEMENTS
FOR EMPLOYEES PLACED BY OR ON BEHALF OF THE CORPORATION, THAT ALL QUALI-
FIED APPLICANTS WILL BE AFFORDED EQUAL EMPLOYMENT OPPORTUNITY WITHOUT
DISCRIMINATION BECAUSE OF RACE, CREED, COLOR, NATIONAL ORIGIN, SEX,
SEXUAL ORIENTATION, AGE, DISABILITY OR MARITAL STATUS.
4. THE CORPORATION SHALL SEEK MEANINGFUL PARTICIPATION BY MINORITY
BUSINESS ENTERPRISES IN THE PROGRAMS OF THE CORPORATION AND SHALL
ACTIVELY AND AFFIRMATIVELY PROMOTE AND ASSIST THEIR PARTICIPATION IN THE
CORPORATION'S PROGRAMS, SO AS TO FACILITATE THE AWARD OF A FAIR SHARE OF
CONTRACTS TO SUCH ENTERPRISES. FOR PURPOSES HEREOF, "MINORITY BUSINESS
ENTERPRISE" SHALL MEAN ANY BUSINESS ENTERPRISE WHICH IS AT LEAST FIFTY-
ONE PER CENTUM OWNED BY, OR IN THE CASE OF PUBLICLY OWNED BUSINESS, AT
LEAST FIFTY-ONE PER CENTUM OF THE STOCK OF WHICH IS OWNED BY, CITIZENS
OR PERMANENT RESIDENT ALIENS WHO ARE BLACK, HISPANIC, ASIAN, AMERICAN
INDIAN OR WOMEN, AND SUCH OWNERSHIP INTEREST IS REAL, SUBSTANTIAL AND
CONTINUING.
§ 2799-HHHH. INDEMNIFICATION; NOTICE OF CLAIMS. 1. THE STATE SHALL
INDEMNIFY AND HOLD HARMLESS THE CORPORATION, URBAN DEVELOPMENT CORPO-
RATION AND SAFE AFFORDABLE HOUSING FOR EVERYONE, INC., AND PURSUANT TO
SECTION SEVENTEEN OF THE PUBLIC OFFICERS LAW, THEIR RESPECTIVE OFFICERS,
DIRECTORS AND EMPLOYEES, FROM AND AGAINST ANY AND ALL LIABILITY, CLAIM,
LOSS, DAMAGE, SUIT OR JUDGMENT AND ANY AND ALL COSTS AND EXPENSES
INCLUDING, BUT NOT LIMITED TO, COUNSEL FEES AND DISBURSEMENTS THAT SUCH
CORPORATIONS OR THEIR OFFICERS, DIRECTORS OR EMPLOYEES MAY SUFFER OR
INCUR, WHETHER BEFORE OR AFTER THE DATE HEREOF, AS A RESULT OF EITHER
(A) THE DEVELOPMENT, MANAGEMENT OR OPERATION OF ROOSEVELT ISLAND OR (B)
THE PERFORMANCE OR NON-PERFORMANCE BY THE DIVISION OF ANY OF ITS OBLI-
GATIONS OR DUTIES WITH RESPECT TO ROOSEVELT ISLAND. ALL OF THE
PROVISIONS OF SECTION SEVENTEEN OF THE PUBLIC OFFICERS LAW WHICH ARE NOT
INCONSISTENT WITH THIS SECTION SHALL APPLY TO THE OFFICERS, DIRECTORS,
AND EMPLOYEES OF SUCH CORPORATIONS, INCLUDING THE PROVISIONS RELATING TO
THE DEFENSE BY THE ATTORNEY GENERAL OR PRIVATE COUNSEL OF ANY CIVIL
ACTION AND THE PAYMENT OF LEGAL COSTS INCURRED IN CONNECTION WITH THE
DEFENSE OF ANY SUCH ACTION. ANY MEMBER, OFFICER OR EMPLOYEE OF SUCH
CORPORATIONS SEEKING TO BE SAVED HARMLESS OR INDEMNIFIED OR TO CLAIM ANY
OTHER BENEFITS AVAILABLE PURSUANT TO THIS SECTION OR SECTION SEVENTEEN
OF THE PUBLIC OFFICERS LAW SHALL COMPLY WITH THE PROCEDURAL REQUIREMENTS
OF SUCH SECTION SEVENTEEN. AS USED IN THIS SECTION THE TERMS "MEMBER",
"OFFICER" AND "EMPLOYEE" SHALL INCLUDE A FORMER MEMBER, OFFICER OR
EMPLOYEE, HIS ESTATE OR JUDICIALLY APPOINTED PERSONAL REPRESENTATIVE.
2. A NOTICE OF CLAIM, SERVED IN ACCORDANCE WITH THE PROVISIONS OF
SECTION FIFTY-E OF THE GENERAL MUNICIPAL LAW, SHALL BE A CONDITION
PRECEDENT TO THE COMMENCEMENT OF AN ACTION AGAINST THE CORPORATION, ITS
OFFICERS, DIRECTORS AND EMPLOYEES. NO SUCH ACTION SHALL BE COMMENCED
MORE THAN ONE YEAR AFTER IT HAS ACCRUED, EXCEPT THAT AN ACTION AGAINST
S. 1426 8
THE CORPORATION FOR WRONGFUL DEATH SHALL BE COMMENCED WITHIN THE NOTICE
OF CLAIM AND TIME LIMITATION PROVISIONS OF TITLE ELEVEN OF ARTICLE NINE
OF THIS CHAPTER.
3. NOTWITHSTANDING THE PROVISIONS OF SECTION ONE HUNDRED THIRTEEN OF
THE RETIREMENT AND SOCIAL SECURITY LAW AND ANY OTHER GENERAL, SPECIAL OR
LOCAL LAW, THE ROOSEVELT ISLAND OPERATING CORPORATION SHALL PROVIDE TO
PERSONS EMPLOYED BY THE ROOSEVELT ISLAND OPERATING CORPORATION ANY
RETIREMENT, DISABILITY, DEATH OR OTHER BENEFITS PROVIDED OR REQUIRED
PURSUANT TO ANY AGREEMENT WITH A LABOR UNION OF WHICH ITS EMPLOYEES ARE
MEMBERS, AND THE ROOSEVELT ISLAND OPERATING CORPORATION IS HEREBY
AUTHORIZED TO RETROACTIVELY OR IN THE FUTURE MAKE SUCH CONTRIBUTIONS AS
MAY BE NECESSARY TO PROVIDE SUCH BENEFITS.
4. FOR PURPOSES OF THE RETIREMENT AND SOCIAL SECURITY LAW, PERSONS
EMPLOYED BY THE ROOSEVELT ISLAND OPERATING CORPORATION AND TO WHOM THE
ROOSEVELT ISLAND OPERATING CORPORATION PROVIDES ANY RETIREMENT, DISABIL-
ITY, DEATH AND OTHER BENEFITS REQUIRED PURSUANT TO ANY AGREEMENT WITH A
LABOR UNION OF WHICH ITS EMPLOYEES ARE MEMBERS, SHALL BE DEEMED NOT TO
BE EMPLOYEES OF THE ROOSEVELT ISLAND OPERATING CORPORATION. SUCH OTHER
PERSONS WHO ARE EMPLOYEES OF THE ROOSEVELT ISLAND OPERATING CORPORATION
AS OF THE EFFECTIVE DATE OF THIS TITLE SHALL BE ELIGIBLE TO RECEIVE
CREDIT UNDER THE RETIREMENT AND SOCIAL SECURITY LAW FOR PREVIOUS SERVICE
WITH THE ENTITIES, OR WHERE APPLICABLE, THEIR SUBSIDIARIES, MADE SUBJECT
TO SECTION SEVENTEEN OF THE PUBLIC OFFICERS LAW BY SUBDIVISION ONE OF
THIS SECTION.
§ 2799-IIII. ANNUAL BUDGET AND REPORT. 1. ON OR BEFORE SEPTEMBER
FIFTEENTH, NINETEEN HUNDRED EIGHTY-FOUR AND ON EACH SEPTEMBER FIFTEENTH
THEREAFTER, THE CHAIR OF THE CORPORATION SHALL MAKE AND DELIVER TO THE
DIRECTOR OF THE BUDGET FOR HIS OR HER REVIEW A PROPOSED BUDGET FOR THE
OPERATION OF THE CORPORATION FOR THE NEXT FISCAL YEAR OF THE STATE. THE
CHAIR OF THE CORPORATION SHALL ALSO DELIVER A COPY OF SUCH BUDGET TO THE
CHAIR OF THE SENATE FINANCE COMMITTEE AND THE CHAIR OF THE ASSEMBLY WAYS
AND MEANS COMMITTEE AT THE SAME TIME THAT THE BUDGET IS DELIVERED TO THE
DIRECTOR OF THE BUDGET. THE BUDGET SHALL INCLUDE THE TOTAL AMOUNT NEEDED
FOR CORPORATE PURPOSES, INCLUDING THE FUNDS REQUIRED BY THE CORPORATION
FOR OPERATION OF ROOSEVELT ISLAND FACILITIES AND IMPROVEMENTS, THE
SOURCE OF ALL FUNDS THAT THE CORPORATION EXPECTS TO RECEIVE AND SUCH
OTHER INFORMATION AS THE DIRECTOR OF THE BUDGET SHALL REQUIRE. THE
GOVERNOR SHALL RECOMMEND IN HIS OR HER ANNUAL BUDGET SUCH APPROPRIATIONS
TO THE CORPORATION FOR ITS OPERATIONS AS HE OR SHE DEEMS NECESSARY.
2. THE CORPORATION SHALL SUBMIT TO THE DIRECTOR OF THE BUDGET, CHAIR
OF THE SENATE FINANCE COMMITTEE AND THE CHAIR OF THE ASSEMBLY WAYS AND
MEANS COMMITTEE, WITHIN NINETY DAYS AFTER THE END OF ITS FISCAL YEAR, A
COMPLETE AND DETAILED REPORT SETTING FORTH (A) ITS OPERATIONS AND ACCOM-
PLISHMENTS, AND (B) ITS RECEIPTS AND EXPENDITURES DURING SUCH FISCAL
YEAR IN ACCORDANCE WITH CATEGORIES AND CLASSIFICATIONS ESTABLISHED BY
THE CORPORATION, WITH THE APPROVAL OF THE DIRECTOR OF THE BUDGET, FOR
ITS OPERATING AND CAPITAL OUTLAY PURPOSES.
§ 2799-JJJJ. FUTURE MANAGEMENT STUDY. THE CORPORATION SHALL STUDY THE
FUTURE OPERATION AND MANAGEMENT OF ROOSEVELT ISLAND. SUCH STUDY SHALL BE
COMPLETED BY DECEMBER THIRTY-FIRST, NINETEEN HUNDRED EIGHTY-FIVE.
§ 2799-KKKK. OPEN SPACE DEVELOPMENT PROHIBITED. NOTWITHSTANDING ANY
OTHER PROVISION OF THIS TITLE, OR ANY OTHER LAW TO THE CONTRARY, ON OR
AFTER THE EFFECTIVE DATE OF THIS SECTION, NO FURTHER DEVELOPMENT OR
CONSTRUCTION FOR OTHER THAN PARK PURPOSES SHALL BE PERMITTED ON ANY REAL
PROPERTY WHICH IS IDENTIFIED AS OPEN SPACE AREAS IN THE GENERAL DEVELOP-
MENT PLAN AS AMENDED MAY TENTH, NINETEEN HUNDRED NINETY, AND AS SUBSE-
S. 1426 9
QUENTLY AMENDED, AND APPROVED BY THE BOARD OF ESTIMATE OF THE CITY OF
NEW YORK ON AUGUST SEVENTEENTH, NINETEEN HUNDRED NINETY AND REFERRED TO
IN THE LEASE DEFINED IN SUBDIVISION SIX OF SECTION TWENTY-SEVEN HUNDRED
NINETY-NINE-BBBB OF THIS TITLE, AND ON SUCH REAL PROPERTY SHALL REMAIN
OPEN SPACE AREAS FOR THE DURATION OF THE LEASE UNLESS SUCH DEVELOPMENT
OR CONSTRUCTION INCLUDES THE RECONSTRUCTION, RESTORATION, REHABILITATION
OR PRESERVATION OF THE HISTORIC LANDMARKS LOCATED IN SUCH OPEN SPACE
AREAS AND FURTHERS THE USE OF THE AREAS SURROUNDING THE HISTORIC LAND-
MARKS AS OPEN SPACE AREAS. OPEN SPACE AREAS, AS USED IN THIS SECTION
SHALL BE LIMITED TO LIGHTHOUSE PARK, OCTAGON PARK, BLACKWELL PARK, AND
SOUTH POINT PARK.
§ 2799-LLLL. LIABILITY FOR COMMUNITY OBLIGATIONS; TAX EXEMPTION. 1.
THE OBLIGATIONS OF THE CORPORATION SHALL NOT BE DEBTS OF THE STATE, AND
THE STATE SHALL NOT BE LIABLE THEREON, AND SUCH OBLIGATIONS SHALL NOT BE
PAYABLE OUT OF ANY FUNDS OTHER THAN THOSE OF THE CORPORATION.
2. IT IS HEREBY FOUND, DETERMINED AND DECLARED THAT THE CREATION OF
THE CORPORATION AND THE CARRYING OUT OF ITS PURPOSES IS IN ALL RESPECTS
FOR THE BENEFIT OF THE PEOPLE OF THE STATE AND IS A PUBLIC PURPOSE, AND
THAT THE CORPORATION WILL BE PERFORMING AN ESSENTIAL GOVERNMENTAL FUNC-
TION IN THE EXERCISE OF THE POWERS CONFERRED UPON IT BY THIS TITLE. THE
CORPORATION AND ITS OPERATIONS, PROPERTY AND MONEYS SHALL BE FREE AND
EXEMPT FROM TAXATION OF EVERY KIND BY THE CITY AND THE STATE AND ANY
SUBDIVISION THEREOF. EXCEPT AS HEREINABOVE PROVIDED AND EXCEPT AS MAY
OTHERWISE SPECIFICALLY BE PROVIDED, NOTHING CONTAINED IN THIS ACT SHALL
CONFER EXEMPTION FROM ANY TAX, ASSESSMENT OR FEE UPON ANY PERSON, FIRM,
CORPORATION OR OTHER ENTITY, OR UPON THE OBLIGATIONS OF ANY OF THEM.
§ 2799-MMMM. DIVISION OF HOUSING AND COMMUNITY RENEWAL; ASSISTANCE AND
SERVICES. THE CORPORATION MAY FROM TIME TO TIME REQUEST THE DIVISION TO
PERFORM SUCH SERVICES AND RENDER SUCH TECHNICAL ASSISTANCE TO THE CORPO-
RATION WITH RESPECT TO THE DEVELOPMENT, MANAGEMENT OR OPERATION OF
ROOSEVELT ISLAND AS THE CORPORATION DEEMS NECESSARY OR CONVENIENT AND
MAY PROVIDE FOR THE REIMBURSEMENT TO THE DIVISION BY THE CORPORATION OF
THE REASONABLE COST OF SUCH SERVICES. THE DIVISION IS HEREBY AUTHORIZED
TO PERFORM SUCH SERVICES AND RENDER SUCH TECHNICAL ASSISTANCE AS MAY BE
AGREED UPON BETWEEN THE DIVISION AND THE CORPORATION PURSUANT TO THIS
SECTION. IN ADDITION, THE COMMISSIONER IS HEREBY AUTHORIZED TO REPRESENT
THE CORPORATION IN ANY NEGOTIATIONS WITH THE CITY CONCERNING AMENDMENTS
OR SUPPLEMENTS TO OR REFORMATIONS OF THE LEASE AND TRAMWAY FRANCHISE AS
CONTEMPLATED BY SECTION TWENTY-SEVEN HUNDRED NINETY-NINE-FFFF OF THIS
TITLE.
§ 2799-NNNN. OPERATION OF MOTOR VEHICLES. IN ADDITION TO ANY OTHER
POWER CONFERRED UPON IT BY THIS TITLE, THE CORPORATION IS HEREBY AUTHOR-
IZED TO PRESCRIBE RULES AND REGULATIONS GOVERNING THE OPERATION, INCLUD-
ING THE PARKING, STANDING OR STOPPING OF VEHICLES ON ROOSEVELT ISLAND;
PROVIDED HOWEVER, THAT SUCH RULES AND REGULATIONS SHALL NOT RESTRICT
ACCESS TO ANY CITY FACILITIES SITUATED ON ROOSEVELT ISLAND NOR UNREASON-
ABLY RESTRICT PARKING BY CITY OF NEW YORK EMPLOYEES, THEIR VISITORS AND
INVITEES. THE VIOLATION OF SUCH RULES OR REGULATIONS SHALL BE AN OFFENSE
PUNISHABLE UPON A FIRST CONVICTION THEREOF BY A FINE OF NOT MORE THAN
FIFTY DOLLARS, UPON A SECOND WITHIN A PERIOD OF EIGHTEEN MONTHS BY A
FINE OF NOT MORE THAN ONE HUNDRED FIFTY DOLLARS, AND UPON A THIRD OR
SUBSEQUENT CONVICTION THEREOF WITHIN A PERIOD OF EIGHTEEN MONTHS BY A
FINE OF NOT MORE THAN ONE HUNDRED FIFTY DOLLARS. FOR PURPOSES OF
ENFORCEMENT AND ADMINISTRATION OF SUCH RULES AND REGULATIONS, INCLUDING
BUT NOT LIMITED TO CONFERRING JURISDICTION WITH RESPECT THERETO UPON THE
APPLICABLE COURTS AND ADMINISTRATIVE TRIBUNALS, ALL PROVISIONS OF LAW
S. 1426 10
RELATING TO, AND RULES OR REGULATIONS OF, THE NEW YORK CITY DEPARTMENT
OF TRANSPORTATION NOT INCONSISTENT WITH THIS TITLE SHALL BE APPLICABLE.
§ 2799-OOOO. NOT-FOR-PROFIT GRANT DISTRIBUTION. 1. THE CORPORATION IS
AUTHORIZED TO PROVIDE FINANCIAL ASSISTANCE IN THE FORM OF GRANTS TO
NOT-FOR-PROFIT CORPORATIONS THAT PROVIDE DIRECT SERVICES OR BENEFITS TO
THE RESIDENTS OF ROOSEVELT ISLAND, THE TOTALITY OF SUCH GRANTS NOT TO
EXCEED THREE PER CENTUM PER ANNUM OF THE OPERATING BUDGET OF THE CORPO-
RATION, AND UPON THE APPROVAL OF A MAJORITY OF THE ENTIRE BOARD OF THE
CORPORATION.
2. ANNUALLY, WITHIN NINETY DAYS AFTER THE END OF THE FISCAL YEAR OF
THE CORPORATION, THE CORPORATION SHALL POST A REPORT ON ITS WEBSITE THAT
SHALL LIST AND IDENTIFY EACH GRANT RECIPIENT IN SUCH FISCAL YEAR, THE
AMOUNT PROVIDED TO EACH RECIPIENT, AND A GENERAL DESCRIPTION OF THE
PUBLIC BENEFIT OF EACH GRANT.
§ 2799-PPPP. SEVERABILITY OF PROVISIONS. IF ANY SECTION, CLAUSE OR
PROVISION OF THIS TITLE OR THE APPLICATION THEREOF SHALL BE ADJUDGED
INVALID, SUCH JUDGMENT SHALL NOT AFFECT OR INVALIDATE ANY OTHER SECTION,
CLAUSE OR PROVISION OF THIS TITLE.
§ 2799-QQQQ. TRANSFER OF FUNDS. 1. NOTWITHSTANDING THE PROVISIONS OF
ANY GENERAL OR SPECIAL LAW, THE DIRECTOR OF THE BUDGET IS AUTHORIZED TO
TRANSFER TO THE CORPORATION FROM FUNDS APPROPRIATED TO THE DIVISION FOR
THE FISCAL YEAR BEGINNING APRIL FIRST, NINETEEN HUNDRED EIGHTY-FOUR, THE
AMOUNT HE OR SHE DETERMINES NECESSARY TO CARRY OUT THE PROVISIONS OF
THIS TITLE, INCLUDING PROVIDING FOR ROOSEVELT ISLAND OPERATIONS, CAPITAL
IMPROVEMENT PROGRAM AND ANY OTHER APPROPRIATE MANAGEMENT EXPENSES.
2. NOTWITHSTANDING THE PROVISIONS OF ANY GENERAL OR SPECIAL LAW, NO
PART OF SUCH APPROPRIATIONS SHALL BE AVAILABLE FOR THE PURPOSES DESIG-
NATED UNTIL A CERTIFICATE OF APPROVAL OF AVAILABILITY SHALL HAVE BEEN
ISSUED BY THE DIRECTOR OF THE BUDGET AND A COPY OF SUCH CERTIFICATE IS
FILED WITH THE STATE COMPTROLLER, THE CHAIR OF THE SENATE FINANCE
COMMITTEE AND THE CHAIR OF THE ASSEMBLY WAYS AND MEANS COMMITTEE. SUCH
CERTIFICATE MAY BE AMENDED FROM TIME TO TIME, SUBJECT TO THE APPROVAL OF
THE DIRECTOR OF THE BUDGET, AND A COPY OF EACH SUCH AMENDMENT SHALL BE
FILED WITH THE STATE COMPTROLLER, THE CHAIR OF THE SENATE FINANCE
COMMITTEE AND THE CHAIR OF THE ASSEMBLY WAYS AND MEANS COMMITTEE.
§ 3. This act shall take effect immediately.
