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A01820 Summary:

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A01820 Floor Votes:

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