(i) a poverty rate of at least twenty percent for the year to which
the data relates or at least twenty percent of households receiving
public assistance; and
(ii) an unemployment rate of at least 1.25 times the statewide
unemployment rate for the year to which the data relates; or
(b) a city, town, village or county within a city with a population of
one million or more for which: (i) the ratio of the full value property
wealth, as determined by the comptroller for the year nineteen hundred
ninety, per resident to the statewide average full value property wealth
per resident; and (ii) the ratio of the income per resident; as shown in
the nineteen hundred ninety census to the statewide average income per
resident; are each fifty-five percent or less of the statewide average;
or
(c) an area which was designated an empire zone pursuant to article
eighteen-B of the general municipal law.
Structure New York Laws
Article 8 - Miscellaneous Authorities
Title 11 - Troy Industrial Development Authority
1952 - Troy Industrial Development Authority.
1952-A - Video Recordings of Open Meetings and Public Hearings.
1953 - Purpose and Powers of the Authority.
1953-A - Additional Prerequisites to the Provision of Financial Assistance.
1954 - Civil Service Status of Officers and Employees.
1954-A - Conflicts of Interest.
1955-A - Compensation Procurement and Investment.
1956 - Construction and Purchase Contracts.
1957 - Moneys of the Authority.
1958 - Bonds of the Authority.
1959 - Notes of the Authority.
1960 - Agreements of the City and State.
1961 - State and City Not Liable on Bonds.
1962 - Bonds Legal Investments for Public Officers.
1963-A - Uniform Tax Exemption Policy.
1964 - Tax Contract by the State.
1965 - Remedies of Bondholders.
1966 - Actions Against the Authority.
1967 - Termination of the Authority.
1968 - Title Not Affected if in Part Unconstitutional or Ineffective.