•  Summary 
  •  
  •  Actions 
  •  
  •  Floor Votes 
  •  
  •  Memo 
  •  
  •  Text 

A11395 Summary:

BILL NOA11395
 
SAME ASSAME AS S08434
 
SPONSORJeffries (MS)
 
COSPNSRMillman, Brennan
 
MLTSPNSR
 
Add Art 8 Title 5 SS1700 - 1708, Pub Auth L
 
Enacts the "Atlantic Yards governance act"; creates the Atlantic Yards development trust with purposes and powers of the trust and further establishes a stakeholder council.
Go to top

A11395 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          11395
 
                   IN ASSEMBLY
 
                                      May 27, 2008
                                       ___________
 
        Introduced  by  M.  of  A.  JEFFRIES,  MILLMAN, BRENNAN -- read once and
          referred to the Committee on Corporations, Authorities and Commissions
 
        AN ACT to amend the public authorities law, in relation to enacting  the
          "Atlantic Yards governance act"
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 

     1    Section 1. Legislative findings and  intent.  The  legislature  hereby
     2  finds, determines and declares the following:
     3    1.  The  planning  and  development of the Atlantic Yards project is a
     4  matter of state concern and in the interest of the people of the  state.
     5  It  may  include  both  market  rate  and below market housing, new open
     6  space, commercial and retail development and  a  sports  arena  for  New
     7  Yorkers,  as  well as alleviate unsatisfactory conditions of the current
     8  site.
     9    2. It is in the public interest for the state and city of New York  to
    10  act  together  to  oversee the development of the Atlantic Yards project
    11  and to ensure the public is fully engaged and involved  in  the  design,
    12  development,  and  operation  of the project, and in the development and
    13  implementation of policies to mitigate the project's  anticipated  envi-
    14  ronmental impacts.

    15    3. The planning, environmental review, interim improvement, and devel-
    16  opment  process  for  the  project  that  has been conducted to date has
    17  furthered the foregoing purposes. It is intended that the Atlantic Yards
    18  development trust, to the extent provided and subject to the limitations
    19  set forth in this act, replace the  New  York  state  urban  development
    20  corporation  with  respect  to its authority over the project, for among
    21  other  things,  the  completion  of  the  development  process  and  the
    22  construction,  operation  and maintenance of the project, all in accord-
    23  ance with this act.
    24    4. The legislature finds that this act is in the public interest, is a
    25  matter of state concern, and is necessary to accomplish these  important
    26  public  purposes.  The  legislature  intends that this act shall operate
    27  exclusively for purposes relating to the promotion  of  the  health  and

    28  social welfare of the people of the state.
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD16848-03-8

        A. 11395                            2
 
     1    §  2.  Short  title.  This  act shall be known and may be cited as the
     2  "Atlantic Yards governance act."
     3    §  3.  Article  8 of the public authorities law is amended by adding a
     4  new title 5 to read as follows:
     5                                    TITLE 5
     6                        ATLANTIC YARDS GOVERNANCE ACT
     7  Section 1700. Definitions.
     8          1701. Creation of the Atlantic Yards development trust.

     9          1702. Purposes of the Atlantic Yards development trust.
    10          1703. Powers of the Atlantic Yards development trust.
    11          1704. Moneys of the Atlantic Yards development trust.
    12          1705. Other state laws and agencies.
    13          1706. Notice of tort.
    14          1707. Tax exemptions.
    15          1708. Stakeholder council.
    16    § 1700. Definitions. As used in this title, the following terms  shall
    17  have  the following meanings, unless the context clearly requires other-
    18  wise:
    19    1. "Board" means the board of directors of the Atlantic Yards develop-
    20  ment trust.
    21    2. "General project plan" means the "Atlantic Yards Land Use  Improve-

    22  ment  and Civic Project General Project Plan" dated July eighteenth, two
    23  thousand six, and any successor plan or statement  of  findings  created
    24  thereafter  consistent  with the state environmental quality review act;
    25  provided that the general project plan shall  be  consistent  with  this
    26  title.
    27    3. "Atlantic Yards" or "the project" means the area in the city of New
    28  York  and county of Kings roughly bounded by Flatbush and Fourth Avenues
    29  to the west, Vanderbilt Avenue to  the  east,  Atlantic  Avenue  to  the
    30  north,  and  Dean  and  Pacific  Streets  to the south and including the
    31  approximately nine-acre below-grade Long  Island  Rail  Road  Vanderbilt
    32  storage  yard and metropolitan transportation authority storage yard for

    33  inactive New York city transit authority buses.
    34    4. "Atlantic Yards development trust"  or  "Trust"  means  the  public
    35  benefit  corporation  established  pursuant to section seventeen hundred
    36  one of this title.
    37    § 1701. Creation of the Atlantic Yards development trust.  1. There is
    38  hereby created the Atlantic Yards development trust  which  shall  be  a
    39  body  corporate  and politic, constituting a public benefit corporation.
    40  The trust shall come into existence upon the thirtieth day following the
    41  appointment of not fewer than eight  members  of  its  board  as  herein
    42  provided, and the trust and its corporate existence shall continue until
    43  terminated  by the legislature. The trust shall have the rights, powers,

    44  responsibilities and duties set forth in  this  title,  subject  to  the
    45  limitations  set  forth  herein, and it shall replace the New York state
    46  urban development corporation,  in  its  authority  over  the  planning,
    47  design, construction, operation and maintenance of the project. Upon the
    48  coming  into  existence  of  the  trust,  the trust shall succeed to all
    49  contracts, leases, licenses and other legal obligations  respecting  the
    50  project  to  which  its predecessors are party at or after the effective
    51  date of this title; provided that the trust shall not assume any debt or
    52  financial obligation to any public benefit corporation  or  governmental
    53  entity.
    54    2.  The  members  of the board of the Atlantic Yards development trust

    55  board shall be as follows:

        A. 11395                            3
 
     1    (a) Eight members shall be appointed by and serve at the  pleasure  of
     2  the  governor,  at least one of whom shall be a representative of a not-
     3  for-profit, non-governmental environmental or civic organization.
     4    (b)  Two members shall be appointed by the speaker of the assembly, in
     5  consultation with  the  member  of  the  assembly  that  represents  the
     6  district or districts in which the project is located.
     7    (c)  Two  members shall be appointed by the temporary president of the
     8  senate, in consultation with the senator that represents the district or
     9  districts in which the project is located.

    10    (d) Two members shall be appointed by and serve at the pleasure of the
    11  mayor of the city of New York.
    12    (e) One member shall be appointed by and serve at the pleasure of  the
    13  borough  president of the borough of Brooklyn, appointed in consultation
    14  with Brooklyn community boards two, six and eight.
    15    (f) One non-voting member shall be appointed by the stakeholder  coun-
    16  cil as provided in section seventeen hundred eight of this title.
    17    (g)  Each  appointing  authority,  with  the exception of the Brooklyn
    18  borough president and the stakeholder council, may appoint no more  than
    19  half their members as city or state employees.
    20    3.  Each  member, except for the non-voting member, of the board shall

    21  be entitled to one vote on all matters voted on by  the  board.    Eight
    22  members  shall  constitute a quorum. All actions authorized by a vote of
    23  the board shall require the affirmative vote of a  quorum  in  order  to
    24  pass.  The  chair shall be designated by the governor and serve as chair
    25  at the pleasure of the governor, and the vice-chair shall be  designated
    26  by  the  mayor  of the city of New York and serve at the pleasure of the
    27  mayor. Designation as chair or vice-chair shall be for  a  term  of  two
    28  years.
    29    4.  Members  of  the board shall not be compensated for their services
    30  but may be reimbursed for their necessary and actual  expenses  incurred
    31  in  connection with the performance of their duties. The board may dele-

    32  gate to one or more of its members or to its officers, agents or employ-
    33  ees such powers and duties as it may deem proper.
    34    5. It shall not be deemed a conflict  of  interest  for  a  person  to
    35  simultaneously hold positions as a member of the board and as an officer
    36  of  the  trust. No public officer or employee shall forfeit or be deemed
    37  to have forfeited such public office or employment by accepting  member-
    38  ship on the board.
    39    § 1702. Purposes of the Atlantic Yards development trust. The trust is
    40  hereby  created  to  permit  the  following  purposes to be fulfilled in
    41  accordance with this title:
    42    1. to plan, design,  develop,  construct,  operate  and  maintain  the
    43  project;

    44    2.  to create affordable and market-rate housing, to create new public
    45  open space and commercial and retail development;
    46    3. to ensure the public is fully involved and engaged  in  the  gover-
    47  nance of the project;
    48    4.  to  cooperate,  and to coordinate matters relating to the project,
    49  with the federal government, the state and the city of New York as  well
    50  as with community, environmental, and civic groups;
    51    5.  to accept appropriations, subsidies and grants from federal, state
    52  and local governments; and
    53    6. to receive rents, payments in lieu of  taxes,  and  other  revenues
    54  generated  within  the  project,  and to use the same solely to improve,
    55  operate and maintain the project.


        A. 11395                            4
 
     1    § 1703. Powers of the Atlantic Yards development trust. 1. To  fulfill
     2  its  purposes  under  this  title,  the  trust  shall have the following
     3  powers, functions, duties and authority subject to the  limitations  set
     4  forth in this title:
     5    (a)  to  plan,  design,  develop, construct, operate, and maintain the
     6  project;
     7    (b) to implement the general project plan for the project;
     8    (c) to  oversee  implementation  of  the  design  guidelines  for  the
     9  project;
    10    (d)  to  establish a stakeholder council as provided in section seven-
    11  teen hundred eight of this title;
    12    (e) to approve changes to the general  project  plan  in  consultation

    13  with the stakeholder council;
    14    (f)  to  oversee  policies  to  mitigate  environmental impacts of the
    15  project and coordinate the implementation of  these  policies  with  the
    16  relevant city and state agencies;
    17    (g)  when  necessary,  to develop additional policy to mitigate antic-
    18  ipated environmental impacts of the project;
    19    (h) to adopt rules of procedure for consultation with the  stakeholder
    20  council, established pursuant to section seventeen hundred eight of this
    21  title;
    22    (i)  to provide for the health, safety and welfare of the public using
    23  facilities under its jurisdiction;
    24    (j) to exercise the following general corporate powers:

    25    (i) to make and  alter  by-laws  for  its  organization  and  internal
    26  management;
    27    (ii)  to adopt, amend or rescind such rules, regulations and orders as
    28  may be necessary or convenient for the performance or  exercise  of  the
    29  functions,  powers  and  duties  of  the  trust  in  accordance with the
    30  provisions of this title;
    31    (iii) to enter into contracts, including customary  trade  credits  in
    32  the  ordinary  course  of  business,  with  any person and do all things
    33  necessary or convenient to carry out the functions, powers and duties of
    34  the trust;
    35    (iv) to conduct meetings and hearings with respect to any matter under
    36  the jurisdiction and control of the trust;

    37    (v) to bring or defend such actions, suits or proceedings  as  may  be
    38  necessary  or  proper to perform any of the powers, functions and duties
    39  of the trust;
    40    (vi) to exercise and perform such other functions, powers  and  duties
    41  as  shall  have been or may be from time to time conferred or imposed by
    42  or pursuant to law;
    43    (vii) to appoint such officers and employees as it may require for the
    44  performance of its duties, and to fix  and  determine  their  qualifica-
    45  tions,  duties, and compensation and to retain or employ such persons as
    46  landscape architects,  architects,  historians,  ecologists,  educators,
    47  engineers,  counsel,  auditors,  and  private  consultants on a contract

    48  basis or otherwise to render  professional  or  technical  services  and
    49  advice;
    50    (viii)  to  submit  legal matters to the attorney general of the state
    51  who may furnish any necessary legal  services  and  advice  required  to
    52  assist the trust in accomplishing its corporate purposes;
    53    (ix)  to  designate  the  depositories  of  its  money and the persons
    54  authorized to sign checks and other such instruments on its behalf;
    55    (x) to establish and re-establish its fiscal year; and
    56    (xi) to prepare and approve an annual budget for its operations.

        A. 11395                            5
 
     1    (k) to provide for meaningful public notice, participation,  consulta-

     2  tion  and  review  in  the  planning,  development  and operation of the
     3  project, which shall include, but not limited to:
     4    (i)  consultation  with  the stakeholder council and elected officials
     5  representing communities neighboring the project; and
     6    (ii) timely and reasonable notification to appropriate news  media  of
     7  each  meeting of the trust and any public hearings regarding significant
     8  plans or proposed actions with respect to the project;
     9    (l) to develop and oversee an annual financing plan that will  combine
    10  contributions  from  the state, the city of New York and private sources
    11  for the planning and development of the project; and
    12    (m) to lend or donate monies, whether secured  or  unsecured,  to  any

    13  subsidiary  corporation,  and  to  purchase,  sell or pledge the shares,
    14  bonds or other obligations or securities  thereof,  on  such  terms  and
    15  conditions as the corporation may deem advisable.
    16    2.  The  trust  shall be subject to article eight of the environmental
    17  conservation law. The general project plan adopted prior to  the  coming
    18  into  existence  of  the trust shall constitute the general project plan
    19  for the project. However, should the trust decide to amend  the  general
    20  project  plan, then the trust shall continue the preparation of an envi-
    21  ronmental impact statement in accordance with the ongoing state environ-
    22  mental quality review processes begun by its predecessors and shall  act

    23  as  lead  agency in connection therewith in order that there shall be no
    24  interruption or impediment to that process as a result  of  this  title.
    25  Such use by the trust of the environmental impact statement begun by the
    26  New York state urban development corporation shall not be deemed illegal
    27  or  an  objection  under article eight of the environmental conservation
    28  law. Unless the context clearly requires otherwise, any reference to the
    29  urban development corporation doing business as the empire state  devel-
    30  opment  corporation  in  the final environmental impact statement or any
    31  other document that is part of the process of  developing  or  approving
    32  the  general  project plan, or in the general project plan itself, shall

    33  be deemed to refer to and may be amended to refer to the Atlantic  Yards
    34  development  trust,  and such referral and amendment shall not be deemed
    35  illegal or an objection under article eight of the environmental conser-
    36  vation law. The plan resulting from such  environmental  review  process
    37  shall  be  consistent  with  this  title  and shall be the basis for the
    38  design and development of the  project  and  be  known  as  the  general
    39  project plan.
    40    3.  (a) The trust shall receive and have exclusive title to all rents,
    41  fees, and other revenues required to be transferred to  it  under  para-
    42  graph  (b)  of  this  subdivision and also to all rents, fees, and other
    43  revenues paid or to be paid to it  pursuant  to  any  lease,  concession

    44  arrangement,  license  or  other  agreement  relating to any part of the
    45  project, made by it or any predecessor, and all  such  monies  shall  be
    46  used  solely  for constructing, improving, operating and maintaining the
    47  project.
    48    (b) All net revenues paid to the state of New York or  any  instrumen-
    49  tality  thereof,  the  New York state urban development corporation, the
    50  city of New York or any instrumentality thereof, pursuant to any  lease,
    51  concession agreement, license or other agreement relating to any part of
    52  the  project,  and  any  such  revenues  hereafter  paid  to  and in the
    53  possession of any of those entities.
    54    4. The accounts, records,  and  performance  of  the  trust  shall  be

    55  subject to annual audit by the comptrollers of the state and city of New

        A. 11395                            6
 
     1  York,  in  accordance  with the procedural requirements governing audits
     2  under the laws of such jurisdictions.
     3    5.  The  trust may establish and finance staff or consultant positions
     4  to serve as liaisons to the trust for the stakeholder council.
     5    6. In the case  of  any  proposed  significant  action  affecting  the
     6  project or the neighboring community, including the adoption of, and any
     7  amendment to, the general project plan or the annual financing plan, the
     8  trust shall:
     9    (a) hold a public hearing on not less than thirty days' advance public
    10  notice;

    11    (b)  solicit and consider the views of the community stakeholder coun-
    12  cil, the planning commission of the city of New York, elected  officials
    13  representing communities neighboring the project, allowing not less than
    14  sixty  days  following  the  notice  of  the  proposed  action  for  the
    15  submission of such views;
    16    (c) publish notice of the hearing and  proposed  action  in  the  city
    17  record and state register;
    18    (d) meet with representatives of the stakeholder council not less than
    19  twenty days following the end of the public comment period; and
    20    (e)  prepare a findings statement summarizing public comment and views
    21  of stakeholder council and outline how  the  proposed  action  addresses
    22  identified concerns.

    23    7.  No  later than February first of each year following the effective
    24  date of this title and within sixty days after the later of  the  effec-
    25  tive  date  of this title or the adoption of the general project plan or
    26  any amendment, the trust shall deliver to the governor, the  speaker  of
    27  the  assembly,  the  temporary  president of the senate, the state comp-
    28  troller, the mayor of the city of New York,  the  speaker  of  the  city
    29  council of the city of New York, the comptroller of the city of New York
    30  and  the  chairs  of  community  boards  two,  six, and eight within the
    31  borough of Brooklyn, a current copy of the annual financing plan and any
    32  amendments to the general project plan for the  project  and  the  trust

    33  shall,  within  the  same time, make such plan and a current copy of its
    34  regulations available for public inspection during business hours at the
    35  offices of the trust within the city of New York.
    36    8. Notwithstanding any provision of law to the contrary  the  Atlantic
    37  Yards  development  trust  shall  establish  the Atlantic Yards purposes
    38  account and other sub-accounts which may be necessary or convenient  for
    39  the  authorized  purposes  of the trust within the treasury of the trust
    40  which shall reflect and consist of all funds made available to the trust
    41  at any time, from any sources, for its authorized purposes. Such account
    42  and sub-accounts shall be included in detailed quarterly reports of  the

    43  trust  commencing  with  the quarterly report for the period immediately
    44  preceding January first, two thousand nine, which set forth  the  status
    45  of  the  account  and  sub-accounts,  the  amount in such account at the
    46  beginning of such quarter (from and including the entire period for  the
    47  first day of the operative calendar year), the payments of such account,
    48  and  the  amount  in  such  account at the close of such quarter (to and
    49  including the entire period of the last day of  the  operative  calendar
    50  year).   Such detailed quarterly reports shall be prepared and submitted
    51  within thirty days of the close of the fiscal quarter of the  trust,  to
    52  the  governor,  the  speaker of the assembly, the temporary president of

    53  the senate, the state comptroller,  the  chair  of  the  senate  finance
    54  committee, the chair of the assembly ways and means committee, the mayor
    55  of  the city of New York, the speaker of the city council of the city of

        A. 11395                            7
 
     1  New York, the comptroller of the city of New York,  and  the  chairs  of
     2  community boards two, six and eight within the borough of Brooklyn.
     3    §  1704. Moneys of the Atlantic Yards development trust. All moneys of
     4  the trust from whatever source derived shall be paid to the treasurer of
     5  the trust and shall be deposited forthwith in one or more banks or trust
     6  companies in the state, as designated by the trust. The moneys  in  such

     7  accounts  shall  be paid out by the treasurer of the trust upon requisi-
     8  tion by the chairperson of the board or of such officer or  officers  as
     9  the  board may authorize. Any moneys of the trust not required for imme-
    10  diate use or disbursement may,  at  the  discretion  of  the  trust,  be
    11  invested  in  those  obligations  specified  pursuant to section ninety-
    12  eight-a of the state finance law.
    13    § 1705. Other state laws and agencies. 1. The trust shall  be  subject
    14  to articles six and seven of the public officers law.
    15    2.  Whenever  in  the  opinion  of the trust it would be in the public
    16  interest, it may, after approval of the director of the  budget  or  the
    17  director  of the office of management and budget of the city of New York

    18  as the case may be, request the temporary  assignment  and  transfer  of
    19  certain  employees of any board, commission, agency or department of the
    20  state or the city of New York, and such  board,  commission,  agency  or
    21  department,  if  in the opinion of the transferring agency such transfer
    22  will not interfere with the performance of its duties and functions, may
    23  make such assignment and transfer or extension thereof which  shall  not
    24  in  any  way  affect  the  civil  service status, continuity of service,
    25  retirement plan status, right to compensation, grade or compensation  or
    26  the rights or privileges of any employee so transferred.
    27    3.  For purposes of sections two hundred twenty and two hundred thirty

    28  of the labor law, the commissioner of labor and the comptroller  of  the
    29  city of New York shall both be deemed the fiscal officer for the trust.
    30    4. The trust shall be subject to article nine of this chapter, and its
    31  contracts  shall  be  subject  to section one hundred thirty-five of the
    32  state finance law and the provisions of state law pertaining to prevail-
    33  ing wages, labor standards and working hours. The trust shall be  deemed
    34  a  "state agency" for purposes of article fifteen-a of the executive law
    35  and its contracts for procurement, design,  construction,  services  and
    36  materials  shall  be  deemed  state contracts within the meaning of that
    37  term as set forth in such article fifteen-a.

    38    § 1706. Notice of tort. In an action against the  trust  founded  upon
    39  tort:
    40    1. a notice of claim shall be required as a condition precedent to the
    41  commencement of an action or special proceeding against the trust or any
    42  officer,  appointee  or  employee thereof, and the provisions of section
    43  fifty-e of the general municipal law shall govern  the  giving  of  such
    44  notice; and
    45    2. the complaint shall contain an allegation that at least thirty days
    46  have  elapsed since the demand, claim or claims upon which the action is
    47  founded were presented to a member of the trust's board of directors and
    48  to the trust's secretary and that the trust has neglected or refused  to

    49  make  an  adjustment  or  payment  thereof  for  thirty  days after such
    50  presentment.
    51    No such action shall be commenced more than one year after  the  cause
    52  of  action  therefor  shall  have  accrued, except an action against the
    53  trust for wrongful death which  is  commenced  in  accordance  with  the
    54  notice  of claim and time limitation provisions of title eleven of arti-
    55  cle nine of this chapter.

        A. 11395                            8
 
     1    § 1707. Tax exemptions. It is hereby determined that the  creation  of
     2  the  trust  and  the  carrying  out  of its corporate purposes is in all
     3  respects for the benefit of the people of the  state  and  is  a  public

     4  purpose,  and  the  trust shall be regarded as performing a governmental
     5  function  in the exercise of the powers conferred upon it by this title.
     6  In furtherance of the same and notwithstanding any  other  provision  of
     7  any other law to the contrary:
     8    1. The income, moneys, operations and properties of the trust shall be
     9  exempt from taxation, including without limitation any and all state and
    10  local  income,  franchise,  transfer, recording, real property and sales
    11  taxation and any assessments of payments in lieu of taxes.
    12    2. Any real property taxes or payments in lieu of taxes payable by any
    13  enterprise operating within the project to the city of New York shall be
    14  paid to the trust following the coming into existence of the  trust  and

    15  the  city  of  New  York shall promptly remit any such payments received
    16  after such time to the trust. All  contributions  of  personal  property
    17  made  to  the  trust whether by gift, devise or bequest shall qualify as
    18  deductions in computing the net taxable income  of  the  donor  for  the
    19  purposes  of any income tax imposed by the state or any political subdi-
    20  vision thereof.
    21    § 1708. Stakeholder council. 1. There is hereby created the  "Atlantic
    22  Yards stakeholder council". All members of the stakeholder council shall
    23  reside in the borough of Brooklyn, and shall be representatives of local
    24  community, park, environmental, civic, labor and business organizations.
    25    2.  Upon  the  coming into existence of the Atlantic Yards development

    26  trust, members of the stakeholder council  shall  be  appointed  in  the
    27  following manner:
    28    (a)  Two  members  shall  be  appointed  by each of the members of the
    29  assembly representing the district or districts in which the project  is
    30  located;  two members shall be appointed by each of the senators repres-
    31  enting the district or districts in which the project  is  located;  two
    32  members  shall  be appointed by the city council member representing the
    33  districts in which the project is located;  one  member  each  shall  be
    34  appointed  by Brooklyn community boards two, six and eight respectively;
    35  and two members shall be appointed by the  Brooklyn  borough  president.
    36  Each  of  the stakeholder council members shall serve at the pleasure of

    37  the appointing official or body and shall serve for a term of two years.
    38    (b) All elected officials representing districts bordering or contain-
    39  ing the project shall serve on the stakeholder council on  an  "ex-offi-
    40  cio" basis.
    41    3. The stakeholder council shall make and alter by-laws for its organ-
    42  ization and internal management.
    43    4.  The  stakeholder  council  members  shall elect a chair based on a
    44  majority vote.
    45    5. The stakeholder council may hold public meetings and may advise and
    46  make recommendations to the board of  directors  of  the  trust  on  all
    47  matters  regarding  the  planning, design, construction and operation of
    48  the project.

    49    6. The stakeholder council shall appoint  one  representative  to  the
    50  trust.
    51    7.  The  trust  shall  provide the stakeholder council with such staff
    52  support as the trust determines is required for the performance  of  the
    53  stakeholder council's duties.
    54    8.  Members  of  the  stakeholder  council shall serve without compen-
    55  sation.

        A. 11395                            9
 
     1    § 4. Severability. If any clause,  sentence,  paragraph,  subdivision,
     2  section,  part  or  title  of  this  act shall be adjudged by a court of
     3  competent jurisdiction to be invalid, such judgment  shall  not  affect,
     4  impair or invalidate the remainder thereof, but shall be confined in its
     5  operation to the clause, sentence, paragraph, subdivision, section, part

     6  or  title of this act directly involved in the controversy in which such
     7  judgment shall have been rendered.
     8    § 5. This act shall take effect immediately.
Go to top