New York Laws
Article 8-A - State University Construction Fund
382 - Annual Report of Trustees.

§ 382. Annual report of trustees. 1. The fund shall submit to the
governor, the regents, the state university trustees, the legislature,
the chairs of the senate finance committee and the assembly ways and
means committee, annually on or before January first, a full report of
its activities and operations through the thirtieth day of the preceding
September, including details as to state university construction
projects in planning, in construction and completed, the performance
record of the fund in completing construction in accordance with the
desired completion dates and within the estimated costs recommended by
the governor and approved by the legislature, the architects, engineers
and other private consultants engaged by the fund on a contract basis
and a statement of the total amount paid and yet to be paid, or
estimated yet to be paid, under such contract, the letting agency and
successful bidder for each construction project, the moneys made
available for the purposes of the fund, details as to any lease
agreements executed by the fund and the annual rentals required to be
paid on account thereof, and such other information related to the
activities and operations of the fund as it may consider pertinent. Such
report shall also contain details as to all contracts which, pursuant to
section three hundred seventy-six of this chapter, have been entered
into without public letting where an emergency condition exists,
including the nature of such emergency condition and the state-operated
institution at which the condition occurred.

2. Notwithstanding the provisions of subdivision one of this section,
on or before November fifteenth of each year, the state university
construction fund shall submit, and thereafter may resubmit, to the
director of the budget, the state comptroller, the chairman of the
senate finance committee and the chairman of the assembly ways and means
committee a report setting forth the amounts, if any, of all annual
rentals and other payments estimated to become due in the succeeding
state fiscal year to the dormitory authority from the fund pursuant to
any leases, subleases or other agreements between the dormitory
authority and the fund entered into on or after July first, nineteen
hundred eighty-eight, to provide state university educational facilities
for the state university of New York. Such report shall separately state
the amount of income earned on the investment of moneys in the state
university construction fund educational facilities payment account
since the date of the last such report.