ยง 469. Annual report of trustees. The trustees of the fund shall
submit to the mayor, the board of education and the city council of the
city of New York annually on or before February first, a full report of
its activities and operations through the thirtieth day of the preceding
June, including: (1) details as to projects in planning, projects in
the process of construction, acquisition, reconstruction, rehabilitation
or improvement, and projects completed; (2) the performance record of
the trustees in completing construction in accordance with the desired
completion dates and within the estimated costs; (3) the architects,
engineers and other private consultants engaged by the trustees of 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 each such contract;
(4) the moneys made available for the purposes of the fund; (5) details
as to any lease, sublease or agreement executed by the trustees of the
fund and the annual rentals to be paid or received on account thereof;
(6) its assets and liabilities at the end of the fiscal year, including
the status of reserve funds and other funds and accounts; (7) a schedule
of its bonds and notes outstanding at the end of its fiscal year,
together with the amounts redeemed and incurred during such fiscal year,
and such other information related to the activities and operation of
the fund as the trustees may consider pertinent.
Structure New York Laws
Article 10 - New York City Educational Construction Fund
451 - Statement of Legislative Findings and Purposes.
453 - New York City Educational Construction Fund.
454 - General Powers and Duties of Fund.
455 - Relationship With the Board of Education and the City of New York.
456 - Special Provisions Relating to Acquisition and Transfer of Real Property.
457 - Plans and Specifications.
458 - Letting of Construction Contracts.
460 - Lease and Other Agreements.
461 - Notes and Bonds of the Fund.
462 - Reserve Funds, Appropriations and Other Funds and Accounts.
463 - Agreement With the State.
464 - State and City's Right to Require Redemption of Bonds.
465 - Remedies of Noteholders and Bondholders.
466 - Notes and Bonds as Legal Investments.
467 - Actions by and Against Fund.
468 - Exemptions From Taxation.
469 - Annual Report of Trustees.
470 - Article Not Affected if in Part Unconstitutional or Ineffective.