State Codes and Statutes

Statutes > New-york > Pba > Article-2 > Title-9 > 384

§  384.  Additional  powers  of the authority to undertake and finance  certain  transportation  projects.  1.  (a)  The  authority  is   hereby  authorized  and directed, as an additional corporate purpose thereof, to  enter  into  contracts  or  agreements  with  any  private   person   or  corporation  or with the state or local governments or with other public  corporations to finance, construct, reconstruct, improve or develop  the  following  transportation projects subject to the limitations prescribed  by this section: (i) the projects, or portions  thereof,  known  as  the  inner  harbor  project and the intermodal transportation project located  in Onondaga county, including but not limited to, the  consolidation  of  the Syracuse canal terminal and the planning, design and construction of  an  intermodal transportation facility, provided, however, that prior to  proceeding with the inner harbor project, the authority and the city  of  Syracuse  shall  enter  into a memorandum of understanding regarding the  undertaking of such project; (ii)  the  project,  or  portions  thereof,  known  as  the horizons waterfront development project generally located  in and around Erie county, and the New York state canal system generally  located along the Erie canal in Erie and Niagara counties; and (iii) the  project, or portions  thereof,  known  as  the  Stewart  airport  access  project  located  in  Orange  county to provide direct access to Stewart  international airport from interstate eighty-four in the vicinity of the  airport. Notwithstanding the provisions of article VI-A and section  one  hundred thirty-eight-c of the canal law and paragraph (m) of subdivision  seven  of section three hundred eighty-two of this chapter, the New York  state thruway authority,  or  the  subsidiary  corporation  thereof,  is  authorized  to enter into an agreement with the city of Syracuse for the  leasing of the land comprising the  inner  harbor  project  in  Onondaga  county. Any projects for the construction, reconstruction or improvement  of  property  or structures undertaken pursuant to this section shall be  in full compliance with title thirteen of article  twenty-seven  of  the  environmental  conservation law and shall be deemed public works for the  purposes of section two hundred twenty of the labor law and section  one  hundred  three  of  the general municipal law, except that any contracts  let by the authority for the construction, reconstruction or improvement  of such projects shall be subject to section three hundred fifty-nine of  this title. For the purposes of article fifteen-A of the  executive  law  only,  the authority shall be deemed a state agency as that term is used  in such article and its contracts for such projects as provided in  this  article  shall be deemed state contracts within the meaning set forth in  such article.    (b) The authority is hereby authorized,  as  an  additional  corporate  purpose  thereof,  to  issue  its  bonds, notes and other obligations in  conformity with applicable provisions of the uniform commercial code  in  a principal amount necessary to achieve purposes enumerated in paragraph  (a)  of  this  subdivision,  including  a  principal amount necessary to  provide capitalized interest for a  period  not  to  exceed  six  months  subject  to  the  limitations  in  subdivision three of this section. In  computing  the  total  principal  amount  of  bonds,  notes  and   other  obligations  that  may  at any time be issued for any purpose under this  section, the amount of the outstanding bonds or notes  that  constitutes  interest  under  the  United  States  internal  revenue code of nineteen  hundred eighty-six, as amended to the effective date  of  this  section,  shall be excluded.    2.  All  of  the  provisions of this title, which are not inconsistent  with the provisions of this section, shall apply  to  the  projects  and  obligations authorized by this section, including but not limited to the  power to issue renewal notes or refunding bonds.3.  The  authority  shall  make available a total amount of moneys not  exceeding fifty million dollars, exclusive  of  federal  funds  and  any  state  and local moneys which may be available, for capital purposes and  for the other purposes enumerated in this  section.  The  fifty  million  dollar  amount shall be distributed as follows: (a) (i) an amount not to  exceed fifteen million dollars shall be made available for the  project,  or  portions  thereof,  known  as  the  inner  harbor project located in  Onondaga county including, but not limited to, dredging of inner harbor,  reconstruction of  harbor  piers  including  but  not  limited  to  site  preparation,  utility  lines,  and  hard  edging  of  the  pier,  marina  development including the establishment of dock space, parking,  hoists,  and  lifts,  shoreline  and  west  side  harbor landscaping, gateway and  finger park development, southern pier freighthouse rehabilitation,  and  the   reconstruction   of   Solars   Boulevard   including   design  and  construction,   excavation,   curbing,   lighting   and    paving    and  infrastructure  projects  related  thereto; (ii) an amount not to exceed  five million dollars  shall  be  made  available  for  the  project,  or  portions  thereof,  known  as  the  intermodal  transportation  facility  located in Onondaga county and infrastructure projects related  thereto;  (b)  an  amount  not  to  exceed  fifteen  million dollars shall be made  available for improvements related to the Buffalo inner harbor component  of the horizons waterfront development  project,  or  portions  thereof,  generally  located  in  and  around  Erie county, and the New York state  canal system generally located along the Erie canal in Erie and  Niagara  counties. The horizons waterfront development project improvements shall  include  the  inner  harbor  project  generally  located  in the city of  Buffalo in the vicinity of the foot of Main street on the Buffalo  river  and  may  include,  but  not  be  limited  to,  the  development  of  an  automobile, bus, rail, water taxi, cycling,  and  pedestrian  intermodal  transportation  hub  and  the  waterfront  area  which will be serviced,  including but not limited to design, environmental studies, real  estate  acquisition,   construction,  reconstruction,  construction  inspection,  landscaping, excavation and dredging, enhancement  related  improvements  and infrastructure improvements related thereto. The improvements to the  New  York  state  canal  system  may  include  but  not  be  limited  to  construction,   reconstruction,   and   development,    terminal    wall  rehabilitation,  transient  docking,  boater  services, landscaping, and  signage in the city of Tonawanda and the city of  North  Tonawanda;  and  (c)  an  amount  not  to  exceed  fifteen  million dollars shall be made  available for the project, or portions thereof,  known  as  the  Stewart  airport access project located in Orange county to provide direct access  to  Stewart  international  airport  from  interstate eighty-four in the  vicinity of the airport.

State Codes and Statutes

Statutes > New-york > Pba > Article-2 > Title-9 > 384

§  384.  Additional  powers  of the authority to undertake and finance  certain  transportation  projects.  1.  (a)  The  authority  is   hereby  authorized  and directed, as an additional corporate purpose thereof, to  enter  into  contracts  or  agreements  with  any  private   person   or  corporation  or with the state or local governments or with other public  corporations to finance, construct, reconstruct, improve or develop  the  following  transportation projects subject to the limitations prescribed  by this section: (i) the projects, or portions  thereof,  known  as  the  inner  harbor  project and the intermodal transportation project located  in Onondaga county, including but not limited to, the  consolidation  of  the Syracuse canal terminal and the planning, design and construction of  an  intermodal transportation facility, provided, however, that prior to  proceeding with the inner harbor project, the authority and the city  of  Syracuse  shall  enter  into a memorandum of understanding regarding the  undertaking of such project; (ii)  the  project,  or  portions  thereof,  known  as  the horizons waterfront development project generally located  in and around Erie county, and the New York state canal system generally  located along the Erie canal in Erie and Niagara counties; and (iii) the  project, or portions  thereof,  known  as  the  Stewart  airport  access  project  located  in  Orange  county to provide direct access to Stewart  international airport from interstate eighty-four in the vicinity of the  airport. Notwithstanding the provisions of article VI-A and section  one  hundred thirty-eight-c of the canal law and paragraph (m) of subdivision  seven  of section three hundred eighty-two of this chapter, the New York  state thruway authority,  or  the  subsidiary  corporation  thereof,  is  authorized  to enter into an agreement with the city of Syracuse for the  leasing of the land comprising the  inner  harbor  project  in  Onondaga  county. Any projects for the construction, reconstruction or improvement  of  property  or structures undertaken pursuant to this section shall be  in full compliance with title thirteen of article  twenty-seven  of  the  environmental  conservation law and shall be deemed public works for the  purposes of section two hundred twenty of the labor law and section  one  hundred  three  of  the general municipal law, except that any contracts  let by the authority for the construction, reconstruction or improvement  of such projects shall be subject to section three hundred fifty-nine of  this title. For the purposes of article fifteen-A of the  executive  law  only,  the authority shall be deemed a state agency as that term is used  in such article and its contracts for such projects as provided in  this  article  shall be deemed state contracts within the meaning set forth in  such article.    (b) The authority is hereby authorized,  as  an  additional  corporate  purpose  thereof,  to  issue  its  bonds, notes and other obligations in  conformity with applicable provisions of the uniform commercial code  in  a principal amount necessary to achieve purposes enumerated in paragraph  (a)  of  this  subdivision,  including  a  principal amount necessary to  provide capitalized interest for a  period  not  to  exceed  six  months  subject  to  the  limitations  in  subdivision three of this section. In  computing  the  total  principal  amount  of  bonds,  notes  and   other  obligations  that  may  at any time be issued for any purpose under this  section, the amount of the outstanding bonds or notes  that  constitutes  interest  under  the  United  States  internal  revenue code of nineteen  hundred eighty-six, as amended to the effective date  of  this  section,  shall be excluded.    2.  All  of  the  provisions of this title, which are not inconsistent  with the provisions of this section, shall apply  to  the  projects  and  obligations authorized by this section, including but not limited to the  power to issue renewal notes or refunding bonds.3.  The  authority  shall  make available a total amount of moneys not  exceeding fifty million dollars, exclusive  of  federal  funds  and  any  state  and local moneys which may be available, for capital purposes and  for the other purposes enumerated in this  section.  The  fifty  million  dollar  amount shall be distributed as follows: (a) (i) an amount not to  exceed fifteen million dollars shall be made available for the  project,  or  portions  thereof,  known  as  the  inner  harbor project located in  Onondaga county including, but not limited to, dredging of inner harbor,  reconstruction of  harbor  piers  including  but  not  limited  to  site  preparation,  utility  lines,  and  hard  edging  of  the  pier,  marina  development including the establishment of dock space, parking,  hoists,  and  lifts,  shoreline  and  west  side  harbor landscaping, gateway and  finger park development, southern pier freighthouse rehabilitation,  and  the   reconstruction   of   Solars   Boulevard   including   design  and  construction,   excavation,   curbing,   lighting   and    paving    and  infrastructure  projects  related  thereto; (ii) an amount not to exceed  five million dollars  shall  be  made  available  for  the  project,  or  portions  thereof,  known  as  the  intermodal  transportation  facility  located in Onondaga county and infrastructure projects related  thereto;  (b)  an  amount  not  to  exceed  fifteen  million dollars shall be made  available for improvements related to the Buffalo inner harbor component  of the horizons waterfront development  project,  or  portions  thereof,  generally  located  in  and  around  Erie county, and the New York state  canal system generally located along the Erie canal in Erie and  Niagara  counties. The horizons waterfront development project improvements shall  include  the  inner  harbor  project  generally  located  in the city of  Buffalo in the vicinity of the foot of Main street on the Buffalo  river  and  may  include,  but  not  be  limited  to,  the  development  of  an  automobile, bus, rail, water taxi, cycling,  and  pedestrian  intermodal  transportation  hub  and  the  waterfront  area  which will be serviced,  including but not limited to design, environmental studies, real  estate  acquisition,   construction,  reconstruction,  construction  inspection,  landscaping, excavation and dredging, enhancement  related  improvements  and infrastructure improvements related thereto. The improvements to the  New  York  state  canal  system  may  include  but  not  be  limited  to  construction,   reconstruction,   and   development,    terminal    wall  rehabilitation,  transient  docking,  boater  services, landscaping, and  signage in the city of Tonawanda and the city of  North  Tonawanda;  and  (c)  an  amount  not  to  exceed  fifteen  million dollars shall be made  available for the project, or portions thereof,  known  as  the  Stewart  airport access project located in Orange county to provide direct access  to  Stewart  international  airport  from  interstate eighty-four in the  vicinity of the airport.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Pba > Article-2 > Title-9 > 384

§  384.  Additional  powers  of the authority to undertake and finance  certain  transportation  projects.  1.  (a)  The  authority  is   hereby  authorized  and directed, as an additional corporate purpose thereof, to  enter  into  contracts  or  agreements  with  any  private   person   or  corporation  or with the state or local governments or with other public  corporations to finance, construct, reconstruct, improve or develop  the  following  transportation projects subject to the limitations prescribed  by this section: (i) the projects, or portions  thereof,  known  as  the  inner  harbor  project and the intermodal transportation project located  in Onondaga county, including but not limited to, the  consolidation  of  the Syracuse canal terminal and the planning, design and construction of  an  intermodal transportation facility, provided, however, that prior to  proceeding with the inner harbor project, the authority and the city  of  Syracuse  shall  enter  into a memorandum of understanding regarding the  undertaking of such project; (ii)  the  project,  or  portions  thereof,  known  as  the horizons waterfront development project generally located  in and around Erie county, and the New York state canal system generally  located along the Erie canal in Erie and Niagara counties; and (iii) the  project, or portions  thereof,  known  as  the  Stewart  airport  access  project  located  in  Orange  county to provide direct access to Stewart  international airport from interstate eighty-four in the vicinity of the  airport. Notwithstanding the provisions of article VI-A and section  one  hundred thirty-eight-c of the canal law and paragraph (m) of subdivision  seven  of section three hundred eighty-two of this chapter, the New York  state thruway authority,  or  the  subsidiary  corporation  thereof,  is  authorized  to enter into an agreement with the city of Syracuse for the  leasing of the land comprising the  inner  harbor  project  in  Onondaga  county. Any projects for the construction, reconstruction or improvement  of  property  or structures undertaken pursuant to this section shall be  in full compliance with title thirteen of article  twenty-seven  of  the  environmental  conservation law and shall be deemed public works for the  purposes of section two hundred twenty of the labor law and section  one  hundred  three  of  the general municipal law, except that any contracts  let by the authority for the construction, reconstruction or improvement  of such projects shall be subject to section three hundred fifty-nine of  this title. For the purposes of article fifteen-A of the  executive  law  only,  the authority shall be deemed a state agency as that term is used  in such article and its contracts for such projects as provided in  this  article  shall be deemed state contracts within the meaning set forth in  such article.    (b) The authority is hereby authorized,  as  an  additional  corporate  purpose  thereof,  to  issue  its  bonds, notes and other obligations in  conformity with applicable provisions of the uniform commercial code  in  a principal amount necessary to achieve purposes enumerated in paragraph  (a)  of  this  subdivision,  including  a  principal amount necessary to  provide capitalized interest for a  period  not  to  exceed  six  months  subject  to  the  limitations  in  subdivision three of this section. In  computing  the  total  principal  amount  of  bonds,  notes  and   other  obligations  that  may  at any time be issued for any purpose under this  section, the amount of the outstanding bonds or notes  that  constitutes  interest  under  the  United  States  internal  revenue code of nineteen  hundred eighty-six, as amended to the effective date  of  this  section,  shall be excluded.    2.  All  of  the  provisions of this title, which are not inconsistent  with the provisions of this section, shall apply  to  the  projects  and  obligations authorized by this section, including but not limited to the  power to issue renewal notes or refunding bonds.3.  The  authority  shall  make available a total amount of moneys not  exceeding fifty million dollars, exclusive  of  federal  funds  and  any  state  and local moneys which may be available, for capital purposes and  for the other purposes enumerated in this  section.  The  fifty  million  dollar  amount shall be distributed as follows: (a) (i) an amount not to  exceed fifteen million dollars shall be made available for the  project,  or  portions  thereof,  known  as  the  inner  harbor project located in  Onondaga county including, but not limited to, dredging of inner harbor,  reconstruction of  harbor  piers  including  but  not  limited  to  site  preparation,  utility  lines,  and  hard  edging  of  the  pier,  marina  development including the establishment of dock space, parking,  hoists,  and  lifts,  shoreline  and  west  side  harbor landscaping, gateway and  finger park development, southern pier freighthouse rehabilitation,  and  the   reconstruction   of   Solars   Boulevard   including   design  and  construction,   excavation,   curbing,   lighting   and    paving    and  infrastructure  projects  related  thereto; (ii) an amount not to exceed  five million dollars  shall  be  made  available  for  the  project,  or  portions  thereof,  known  as  the  intermodal  transportation  facility  located in Onondaga county and infrastructure projects related  thereto;  (b)  an  amount  not  to  exceed  fifteen  million dollars shall be made  available for improvements related to the Buffalo inner harbor component  of the horizons waterfront development  project,  or  portions  thereof,  generally  located  in  and  around  Erie county, and the New York state  canal system generally located along the Erie canal in Erie and  Niagara  counties. The horizons waterfront development project improvements shall  include  the  inner  harbor  project  generally  located  in the city of  Buffalo in the vicinity of the foot of Main street on the Buffalo  river  and  may  include,  but  not  be  limited  to,  the  development  of  an  automobile, bus, rail, water taxi, cycling,  and  pedestrian  intermodal  transportation  hub  and  the  waterfront  area  which will be serviced,  including but not limited to design, environmental studies, real  estate  acquisition,   construction,  reconstruction,  construction  inspection,  landscaping, excavation and dredging, enhancement  related  improvements  and infrastructure improvements related thereto. The improvements to the  New  York  state  canal  system  may  include  but  not  be  limited  to  construction,   reconstruction,   and   development,    terminal    wall  rehabilitation,  transient  docking,  boater  services, landscaping, and  signage in the city of Tonawanda and the city of  North  Tonawanda;  and  (c)  an  amount  not  to  exceed  fifteen  million dollars shall be made  available for the project, or portions thereof,  known  as  the  Stewart  airport access project located in Orange county to provide direct access  to  Stewart  international  airport  from  interstate eighty-four in the  vicinity of the airport.