New York Laws
Title 28-B - Schenectady Metroplex Development Authority
2655-C - Capital Plan of the Authority.

§ 2655-c. Capital plan of the authority. On or before the first day of
March, the authority shall annually produce, and present at a public
hearing for public comment, a five-year capital projects plan, outlining
the vision of its intended capital projects for the next five years.
With respect to each project proposed in the plan, the authority shall
provide a detailed description of the:

1. overall nature, purpose and extent of the project;

2. proposed amount and sources of capital funding to complete the
project;

3. proposed amount and sources of operating funding necessary to
operate the project;

4. urban and community planning performed or which needs to be
performed;

5. economic development potential of the project;

6. financial feasibility of the project;

7. geographic location and impact of the project;

8. impact of the project on the community's natural resources;

9. tourism, entertainment and arts development potential of the
project;

10. human and physical infrastructure requirements and impact of the
project; and

11. other factors which have been considered for the purpose of
enhancing the viability of the county.

An annual presentation of this five-year capital plan shall further be
made to the county legislature. After the presentation of the first
five-year capital plan, any subsequent plan presented shall describe any
changes from, modifications to, and the current status of, projects
included in the previous plans. In developing and maintaining such plan,
the authority shall, from time to time, enter into contracts with any
and all outside experts it may deem necessary for the plan's successful
production, presentation and development.