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A06726 Summary:

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A06726 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         6726--A
 
                               2011-2012 Regular Sessions
 
                   IN ASSEMBLY
 
                                     March 25, 2011
                                       ___________
 
        Introduced  by M. of A. RUSSELL -- read once and referred to the Commit-
          tee  on  Corporations,  Authorities  and  Commissions   --   committee
          discharged, bill amended, ordered reprinted as amended and recommitted
          to said committee
 
        AN  ACT  to amend the public authorities law, in relation to authorizing

          the dormitory authority to construct and  finance  certain  facilities
          for The Beacon Institute, Inc.
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. The undesignated paragraph of paragraph (b) of  subdivision
     2  2  of  section 1676 of the public authorities law, as amended by chapter
     3  605 of the laws of 2007, is amended to read as follows:
     4    The Beacon Institute,  Inc.,  a  domestic  not-for-profit  corporation
     5  formerly  known  as the Rivers and Estuaries Center on the Hudson, Inc.,
     6  for  the  acquisition,  financing,  refinancing,  construction,   recon-
     7  struction,  renovation,  development, improvement, expansion, furnishing
     8  and equipping or otherwise providing for  facilities  for  conducting  a
     9  program  of  research  and  education that advances the understanding of

    10  rivers and estuaries and develops policies and  practices  that  benefit
    11  the  human  and  natural  communities that depend upon these ecosystems,
    12  located at Beacon Harbor and Denning's Point in Beacon,  New  York,  The
    13  Upper Hudson Research Center at Troy, located at the waterfront in Troy,
    14  New  York  and  the Center for Tributary Study, located at Creek Road in
    15  Beacon, New York, and the  Old  Main  Building  at  Clarkson  University
    16  located in Potsdam, New York.
    17    §  2.  The  undesignated paragraph of subdivision 1 of section 1680 of
    18  the public authorities law, as amended by chapter 605  of  the  laws  of
    19  2007, is amended to read as follows:
    20    The  Beacon  Institute,  Inc.,  a  domestic not-for-profit corporation
    21  formerly known as the Rivers and Estuaries Center on the  Hudson,  Inc.,

    22  for   the  acquisition,  financing,  refinancing,  construction,  recon-
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD10436-02-1
        A. 6726--A                          2
 
     1  struction, renovation, development, improvement,  expansion,  furnishing
     2  and  equipping  or  otherwise  providing for facilities for conducting a
     3  program of research and education that  advances  the  understanding  of
     4  rivers  and  estuaries  and develops policies and practices that benefit
     5  the human and natural communities that  depend  upon  these  ecosystems,
     6  located  at  Beacon  Harbor and Denning's Point in Beacon, New York, The
     7  Upper Hudson Research Center at Troy, located at the waterfront in Troy,

     8  New York and the Center for Tributary Study, located at  Creek  Road  in
     9  Beacon,  New  York,  and  the  Old  Main Building at Clarkson University
    10  located in Potsdam, New York.
    11    § 3. This act shall take effect immediately.