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This entry was published on 2014-09-22
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SECTION 8-A
Provisions relating to agreements with certain non-profit corporations
Facilities Development Corporation Act 359/68 (FDC) CHAPTER ROOT
§ 8-A. Provisions relating to agreements with certain non-profit
corporations. 1. The corporation is authorized to enter into an
agreement, at the request of the commissioner of health, with
corporations which are eligible borrowers as defined in article 28-B of
the public health law providing for such services and such compensation
as shall be approved by the commissioner of health incident to an
application for a mortgage loan pursuant to the provisions of article
28-B of the public health law. As a condition prerequisite to any such
agreement, the commissioner of health shall have certified as to the
public need for the proposed facility.

2. The corporation is authorized to enter into an agreement, with the
approval of the commissioner of health, with a non-profit corporation
organized under the laws of this state providing for the services of the
corporation to be made available to such non-profit corporation incident
to the design and construction of a facility or facilities included
within the meaning of the word "hospital", as defined in article
twenty-eight of the public health law, to be financed by means other
than pursuant to article 28-B of such law. Such agreement shall provide
that all such services and expenses of the corporation with respect to
such facility or facilities shall be at the sole cost and expense of
such non-profit corporation. As a prerequisite to any such agreement the
commissioner of health shall have certified as to the public need for
the proposed facility or facilities.