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A07770 Summary:

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A07770 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          7770
 
                               2015-2016 Regular Sessions
 
                   IN ASSEMBLY
 
                                      May 27, 2015
                                       ___________
 
        Introduced  by  M. of A. SIMON, BRENNAN -- read once and referred to the
          Committee on Corporations, Authorities and Commissions
 
        AN ACT to amend the public authorities law, in relation to providing for
          the financing and construction of capital  facilities  for  a  certain
          not-for-profit corporation
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Paragraph (b) of subdivision  2  of  section  1676  of  the
     2  public authorities law is amended by adding a new undesignated paragraph
     3  to read as follows:
     4    Dancewave  of  Brooklyn,  New  York,  for  the financing, acquisition,
     5  construction, development, improvement, expansion and/or equipping of  a
     6  facility or facilities and necessary ancillary and related facilities.
     7    §  2.  Subdivision  1 of section 1680 of the public authorities law is
     8  amended by adding a new undesignated paragraph to read as follows:
     9    Dancewave of Brooklyn,  New  York,  for  the  financing,  acquisition,
    10  construction,  development, improvement, expansion and/or equipping of a
    11  facility or facilities and necessary ancillary and related facilities.
    12    § 3. Any contracts entered into by the dormitory authority pursuant to
    13  this act shall be deemed state contracts within the meaning of that term
    14  as set forth in article 15-A of the executive  law,  and  the  authority
    15  shall  be  deemed, for the purposes of this act, a contracting agency as
    16  that term is used in such article.
    17    § 4. This act shall take effect immediately.
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11323-01-5