ยง 118. Fees. The supervising agency, the local legislative body and
the planning commission, if any, may each adopt a reasonable schedule of
fees to be paid by redevelopment companies upon the filing with said
supervising agency, local legislative body or planning commission of a
plan, plans for a project or projects, amendments thereto and other
instruments in connection therewith and redevelopment companies shall
pay reasonable fees to the said supervising agency as said agency shall
prescribe for processing a redevelopment plan and for the supervision of
construction and for the audit, regulation and general supervision of
the management of the company, which fees shall be set aside in a
separate account and shall be used to pay for the expenses of
administering and carrying out the provisions of the redevelopment
companies law.
Structure New York Laws
Article 5 - Redevelopment Companies
101 - Policy of State and Purpose of Act.
103 - Redevelopment Companies; How Created.
104 - Consent of Supervising Agency to Creation of Redevelopment Companies.
105 - Application of Other Corporation Laws.
105-A - Application of Other Laws.
106 - Powers of Redevelopment Companies.
107 - Limited Return on Investment.
108 - Consideration for Capital and Bonds.
109 - Minimum Amount of Capital and Debentures.
111 - Mortgages and Mortgage Bonds.
111-A - Participation by Certain Corporations and Individuals.
114 - Procedure for Submission and Approval of Plan or Project.
116 - Transfer of Real Property to Redevelopment Company.
120 - Regulation of Redevelopment Companies.
120-A - State Supervision and Regulation.
122 - Transfer of Title or Foreclosure of Project.
124 - Participation by Certain Corporations.
126 - Reduced Rentals for the Elderly.