Bill Text: NY S04772 | 2019-2020 | General Assembly | Introduced


Bill Title: Relates to the financing of the design, acquisition, construction, improvement and installation of East River Esplanade.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2019-03-25 - REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS [S04772 Detail]

Download: New_York-2019-S04772-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          4772
                               2019-2020 Regular Sessions
                    IN SENATE
                                     March 25, 2019
                                       ___________
        Introduced  by  Sen. SERRANO -- read twice and ordered printed, and when
          printed to be committed to the Committee on Corporations,  Authorities
          and Commissions
        AN ACT to amend the public authorities law, in relation to financing the
          design,  acquisition,  construction,  improvement  and installation of
          East River Esplanade
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1. In exchange for hosting the East 91st Street Marine trans-
     2  fer station, and to help  mitigate  any  potential  adverse  impacts  to
     3  health and recreational opportunities, improvements shall be made to the
     4  East River Esplanade.
     5    §  2.  The  public  authorities law is amended by adding a new section
     6  1285-v to read as follows:
     7    § 1285-v. Financing of the design, acquisition, construction, improve-
     8  ment and installation of East River  Esplanade.  The  corporation  shall
     9  have the authority, subject to the approval of the director of the budg-
    10  et,  to  finance  the design, acquisition, construction, improvement and
    11  installation of all or any portion of the East River  Esplanade  includ-
    12  ing,  but  not  limited to, boat storage under 96th street, pier 107 and
    13  decking over the FDR Drive.
    14    § 3. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD03476-01-9
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