State Codes and Statutes

Statutes > New-york > Tra > Article-10 > 227

§ 227. Federal aid; receipt and expenditure. The comptroller is hereby  authorized  to  accept  from the federal government or any department or  agency thereof any moneys in any way granted, allocated  or  apportioned  for  the  purpose of highway-railroad grade crossing eliminations or the  reconstruction  or  repair  of  existing   grade   crossing   separation  structures and deposit them in accordance with existing federal or state  law  or  rules  or  regulations applicable thereto and the same shall be  available for the  purposes  granted,  allocated  or  apportioned.  Such  moneys  shall  be  available  to reimburse the state for its expenses in  connection  with  a  grade  crossing   elimination   project   including  incidental improvements rendered necessary or desirable by such project.  The  expense of net benefit to be borne by the railroad company shall be  the  lesser  of  (1)  the  amount  of  net  benefit  determined  by  the  commissioner  in  accordance with this act or (2) the difference between  the cost of the project exclusive of  incidental  improvements  and  the  amount   of   federal  aid  for  the  project  exclusive  of  incidental  improvements. State moneys made available for federal aid grade crossing  elimination projects may be used in the first instance to pay the  costs  of said projects.

State Codes and Statutes

Statutes > New-york > Tra > Article-10 > 227

§ 227. Federal aid; receipt and expenditure. The comptroller is hereby  authorized  to  accept  from the federal government or any department or  agency thereof any moneys in any way granted, allocated  or  apportioned  for  the  purpose of highway-railroad grade crossing eliminations or the  reconstruction  or  repair  of  existing   grade   crossing   separation  structures and deposit them in accordance with existing federal or state  law  or  rules  or  regulations applicable thereto and the same shall be  available for the  purposes  granted,  allocated  or  apportioned.  Such  moneys  shall  be  available  to reimburse the state for its expenses in  connection  with  a  grade  crossing   elimination   project   including  incidental improvements rendered necessary or desirable by such project.  The  expense of net benefit to be borne by the railroad company shall be  the  lesser  of  (1)  the  amount  of  net  benefit  determined  by  the  commissioner  in  accordance with this act or (2) the difference between  the cost of the project exclusive of  incidental  improvements  and  the  amount   of   federal  aid  for  the  project  exclusive  of  incidental  improvements. State moneys made available for federal aid grade crossing  elimination projects may be used in the first instance to pay the  costs  of said projects.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Tra > Article-10 > 227

§ 227. Federal aid; receipt and expenditure. The comptroller is hereby  authorized  to  accept  from the federal government or any department or  agency thereof any moneys in any way granted, allocated  or  apportioned  for  the  purpose of highway-railroad grade crossing eliminations or the  reconstruction  or  repair  of  existing   grade   crossing   separation  structures and deposit them in accordance with existing federal or state  law  or  rules  or  regulations applicable thereto and the same shall be  available for the  purposes  granted,  allocated  or  apportioned.  Such  moneys  shall  be  available  to reimburse the state for its expenses in  connection  with  a  grade  crossing   elimination   project   including  incidental improvements rendered necessary or desirable by such project.  The  expense of net benefit to be borne by the railroad company shall be  the  lesser  of  (1)  the  amount  of  net  benefit  determined  by  the  commissioner  in  accordance with this act or (2) the difference between  the cost of the project exclusive of  incidental  improvements  and  the  amount   of   federal  aid  for  the  project  exclusive  of  incidental  improvements. State moneys made available for federal aid grade crossing  elimination projects may be used in the first instance to pay the  costs  of said projects.