§ 489-hhhh. Administration of the benefit program. 1. The department
of finance of any city enacting a local law pursuant to section four
hundred eighty-nine-bbbb of this title shall have, in addition to any
other functions, powers and duties which have been or may be conferred
on it by law, the following functions, powers and duties:

(a) To publicize the availability of benefits pursuant to this title
for industrial, commercial and renovation construction work.

(b) To receive and review applications for certificates of
eligibility, issue such certificates where authorized pursuant to
section four hundred eighty-nine-eeee of this title, and record the
issuance of such certificates as prescribed in such section.

(c) To receive evidence of expenditures made for construction, and
where such expenditures do not equal the amount required to qualify for
exemption from or abatement or deferral of tax payments to take
appropriate action, including but not limited to denying, reducing,
suspending, terminating or revoking benefits pursuant to this title.

(d) To enter and inspect property to determine whether it is
industrial or commercial or mixed-use and to determine whether (i) any
such property is being used for any restricted use, or (ii) any property
which is the subject of a certificate of eligibility for industrial
construction work is being used as commercial property, or (iii) any
industrial or commercial property is being used as residential or
mixed-use property, or (iv) all or part of the nonresidential portion of
mixed-use property is being used as residential property.

(e) To collect all real property taxes for which payment is deferred
pursuant to this title.

(f) To collect all real property taxes, with interest, due and owing
as a result of reduction, suspension, termination or revocation of any
exemption from or abatement or deferral of taxes granted pursuant to
this title.

(g) To make and promulgate regulations to carry out the purposes of
this title, including, but not limited to, regulations requiring
applicants to publish notice of their applications, defining
manufacturing and commercial activities and specifying the nature of
work for which expenses may be included in the minimum required
expenditure, provided, however, that any regulation increasing the
minimum required expenditure shall not apply to any person who is a
recipient on the effective date of such regulation. Such regulations
shall include a requirement that with respect to the construction work
recipients and their contractors shall be equal opportunity employers
and may also provide that persons employed in the construction work
shall implement a training program for economically disadvantaged
persons enrolled or eligible to be enrolled in training programs
approved by the department of labor.