New York Laws
Article 15 - Park and Recreation Land Acquisition Bond Acts
15.01 - Allocation of Monies.

(a) For the acquisition of real property for state park purposes,
thirty million dollars ($30,000,000.00);
(b) For the acquisition of real property for other than state park or
municipal park purposes, to provide additional opportunities for outdoor
recreation, including public camping, fishing, hunting, boating, winter
sports, and, wherever possible, to also serve multiple purposes
involving the conservation and development of natural resources,
including the preservation of scenic areas, watershed protection,
forestry and reforestation, twenty million dollars ($20,000,000.00);
(c) For state aid in the amount of seventy-five percent of the cost of
acquisition of real property for parks by cities other than the city of
New York, or by improvement districts within cities other than the city
of New York, twelve million dollars ($12,000,000.00);
(d) For state aid in the amount of seventy-five percent of the cost of
acquisition of real property for parks by the city of New York, or by
improvement districts therein, seventeen million dollars
($17,000,000.00);
(e) For state aid in the amount of seventy-five per cent of the cost
of acquisition of land for parks by counties, towns and villages, or by
improvement districts therein, twenty-one million dollars
($21,000,000.00).
(f) Notwithstanding the provisions of paragraphs (c) and (e) of this
subdivision, in the case of neighborhood parks established or expanded
pursuant to paragraph (c) of subdivision three of section 15.05, such
total unencumbered on subsequent unencumbered sum as of July first,
nineteen hundred seventy-six, reserved out of the funds provided in
paragraph (c) of this subdivision shall be expended for state aid in the
amount of seventy-five percent of the cost of acquisition of real
property for neighborhood parks by any cities other than the city of New
York, counties, towns or villages, or by improvement districts therein
pursuant to paragraph (b) of subdivision two of section 15.03.
2. The unused or unobligated balance of any amount to be expended
pursuant to subdivision one of this section for a specific purpose may
be allocated by the governor, upon the recommendation of the
commissioner, to one or more other purposes set forth in such
subdivision, provided that the amount to be expended for any one purpose
shall not be reduced or increased by more than thirty per cent. Such
allocation of any unused or unobligated balance shall be evidenced by
the certificate of the governor filed with the state comptroller and the
director of the budget.
3. For the purpose of computing the grant of aid made by the state to
a municipality, the cost of acquisition shall be not more than the
amount set forth in the application for state aid made by the
municipality and approved by the commissioner pursuant to subdivision
two of section 15.03, plus any direct incidental costs approved by the
state comptroller.

Structure New York Laws