New York Laws
Title 28-B - Schenectady Metroplex Development Authority
2661 - Request for Municipal Assistance.

ยง 2661. Request for municipal assistance. 1. Notwithstanding the
provisions of any general or special law to the contrary, the county of
Schenectady may transfer to the authority from funds appropriated by the
county legislature for the fiscal year beginning nineteen hundred
ninety-eight, and each fiscal year thereafter, the amount the county
deems necessary to assist the authority in its successful operation and
achievement of its lawful goals, powers and purposes.

2. On or before August fifteenth, nineteen hundred ninety-nine, and on
each August fifteenth thereafter, the chairman of the authority shall
make and deliver to the chairman of the county legislature's ways and
means committee for his approval and for submission to the county
legislature a request for financial support for the operation to the
authority for the forthcoming fiscal year of the county. The request for
financial support shall delineate the total amount needed by the
authority from the county to achieve its lawful goals, powers and
purposes, the source of all funds that the authority expects to receive
from all other sources, and such other information as the chairman of
the county legislature's ways and means committee shall require. The
chairman of the county legislature's ways and means committee may
recommend the request for financial support by the authority for the
annual county budget appropriations to the authority if the chairman of
the county legislature's ways and means committee determines that the
request for financial support will assist the authority to achieve its
lawful goals, powers and purposes for the upcoming year. The chairman of
the county legislature's ways and means committee shall notify the
chairman of the authority not later than October first of each year
whether or not he has recommended to the county legislature the request
for financial support to the authority.

3. The county may appropriate and provide to the authority an amount
of money it deems necessary to provide the authority to assist it in its
successful operation and achievement of its lawful goals, powers and
purposes.

4. Notwithstanding the provisions of any general or special law to the
contrary, no part of such county appropriations shall be available for
the purposes designated until a certificate of approval of availability
shall have been issued by the chairman of the county legislature's ways
and means committee and a copy of such certificate is filed with the
county director of finance. Such certificate may be amended from time to
time, subject to the approval of the chairman of the county
legislature's ways and means committee, and a copy of each such
amendment shall be filed with the county director of finance.

5. Notwithstanding the provisions of any general or special law to the
contrary, a town, city or village of Schenectady county may transfer to
the authority from funds appropriated by the town, city or village for
the fiscal year beginning nineteen hundred ninety-eight, and each fiscal
year thereafter, the amount the town, city or village deems necessary to
assist the authority in its successful operation and achievement of its
lawful goals, powers and purposes.

6. On or before August fifteenth, nineteen hundred ninety-nine, and on
each August fifteenth thereafter, the chairman of the authority shall
make and deliver to the supervisor or mayor of such town, city or
village for his approval and for submission to the town board, city
council or village board a request for financial support for the
operation of the authority for the forthcoming fiscal year of the town,
city or village. The request for financial support shall delineate the
total amount needed by the authority from the town, city or village to
achieve its lawful goals, powers and purposes, the source of all funds
that the authority expects to receive from all other sources, and such

other information as the supervisor or mayor shall require. The
supervisor or mayor may recommend the request for financial support by
the authority for the annual town, city or village budget appropriations
to the authority if the supervisor or mayor determines that the request
for financial support will assist the authority to achieve its lawful
goals, powers and purposes for the upcoming year. The supervisor or
mayor shall notify the chairman of the authority not later than October
first of each year whether or not he has recommenced to the town board,
city council or village board the request for financial support to the
authority.

7. A town, city or village of Schenectady county may appropriate and
provide to the authority an amount of money it deems necessary to
provide the authority to assist it in its successful operation and
achievement of its lawful goals, powers and purposes.

8. Notwithstanding the provisions of any general or special law to the
contrary, no part of such town, city or village appropriations shall be
available for the purposes designated until a certificate of approval of
availability shall have been issued by the supervisor or mayor of the
town, city or village and a copy of such certificate is filed with the
town, city or village's director of finance. Such certificate may be
amended from time to time, subject to the approval of the supervisor or
mayor, and a copy of each such amendment shall be filed with the town,
city or village's director of finance.

9. The county of Schenectady shall dedicate net collections from sales
and compensating use taxes imposed pursuant to the authority of section
twelve hundred ten-C of the tax law at the rate of one-half of one
percent, during the period beginning September first, nineteen hundred
ninety-eight, and ending August thirty-first, two thousand thirty-eight,
or, if the county does not impose taxes pursuant to the authority of
section twelve hundred ten-C of the tax law, the county shall dedicate
net collections from sales and compensating use taxes imposed during
such period at the rate of one-half of one percent pursuant to the
authority of section twelve hundred ten of the tax law, and shall
quarterly deposit such net collections in the Schenectady metroplex
development authority support fund established in accordance with
subdivision (b) of section twelve hundred ten-C of the tax law. On
January first, nineteen hundred ninety-nine, and then quarterly
thereafter, the director of finance of Schenectady county shall transfer
seventy percent of such net collections deposited in the Schenectady
metroplex development authority support fund to the authority for
deposit in the authority's general fund. The authority may use such
portion of such dedicated net collections received for any lawful
purpose or power of the authority. On January first, nineteen hundred
ninety-nine, and then quarterly thereafter, the director of finance of
Schenectady county, after transferring seventy percent of such net
collections to the authority for deposit in the authority's general
fund, shall transfer all remaining monies in the Schenectady metroplex
development authority support fund to the Schenectady county real
property tax abatement and economic development fund.