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A01820 Summary:

BILL NOA01820
 
SAME ASSAME AS S01597
 
SPONSORJeffries (MS)
 
COSPNSRBrennan, Millman
 
MLTSPNSR
 
Amd S2827-a, Pub Auth L
 
Authorizes the Urban Development Corporation to create a subsidiary corporation for the purpose of the further planning, design, and oversight of the Atlantic Yards land use improvement and civic project.
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A01820 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A1820
 
SPONSOR: Jeffries (MS)
  TITLE OF BILL: An act to amend the public authorities law, in relation to creating a subsidiary corporation for the planning and over- sight of the Atlantic yards project   PURPOSE OR GENERAL IDEA OF BILL: The purpose of this bill is to estab- lish a project oversight entity, to supervise the Atlantic Yards Project in order to create increased accountability and oversight in the project's governance.   SUMMARY OF PROVISIONS: Section 2827-a of the public authorities law is amended by adding a new subdivision 8 to read as follows: Creation of a subsidiary corporation, in 'accordance with section twelve of New York state urban development corporation act, for the purpose of the further planning, design and oversight of the Atlantic Yards land use improve- ment and civic project.   JUSTIFICATION: New York State projects in New York City are typically governed in one of two ways. The State can pass specific legislation relating to the project, as it did with Battery Park City and Hudson River Park. Alternatively, the State can govern projects under the powers granted to it by the UDC Act of 1968, which it does with Brooklyn Bridge Park, Queens West, Moynihan Station, and other projects. In many cases, the Empire State Development Corporation (ESDC) has established subsidiaries to formally involve the city and local elected officials in the governance of these projects. However, they are not obliged to do so by law and, unique among the large state projects in New York City, there is no project subsidiary for Atlantic Yards. The result is that the project is governed in a less transparent, less accountable manner than comparable projects, and with- out any vehicle for coordinating the city and state agencies involved in the proposed development, or involving local elected officials and the relevant community boards. Further, changes in administration in State government, as well as-changes in the ESOC's internal organization, pose risks to the continuity of project oversight which may threaten the realization of Atlantic Yards' stated goals. To address this, the proposed legislation would establish a subsidiary. corporation for the oversight of the Atlantic Yards project. The entity would be created to undertake four primary responsibilities. First, oversee the implementation of the design guidelines for the architecture of the project. Second, coordinate the involvement of state and city agencies responsible for the environmental impact mitigations. Third, coordinate the development of policy surrounding the project, including transportation concerns. Lastly, approve changes to the gener- al project plan.   PRIOR LEGISLATIVE HISTORY: 2009-2010 (A.11431/S.8193) Referred to Ways and Means   EFFECTIVE DATE: This act shall take effect immediately.
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A01820 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          1820
 
                               2011-2012 Regular Sessions
 
                   IN ASSEMBLY
 
                                    January 12, 2011
                                       ___________
 
        Introduced  by  M.  of A. JEFFRIES, BRENNAN -- read once and referred to
          the Committee on Corporations, Authorities and Commissions
 
        AN ACT to amend the public authorities law, in relation  to  creating  a
          subsidiary  corporation for the planning and oversight of the Atlantic
          yards project
 

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1. Section 2827-a of the public authorities law is amended by
     2  adding a new subdivision 8 to read as follows:
     3    8. Notwithstanding subdivision one of this section, the urban develop-
     4  ment corporation is hereby authorized and directed to  immediately  take
     5  all  action  to  create  a  subsidiary  corporation,  in accordance with
     6  section twelve of the New York state urban development corporation  act,
     7  for  the  purpose  of  the further planning, design and oversight of the
     8  Atlantic yards land use improvement and civic project.
     9    § 2. This act shall take effect immediately, provided that the subsid-
    10  iary corporation authorized in section one of this act must  be  created

    11  within 60 days of such authorization.
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD04682-01-1
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