Bill Text: NY S05666 | 2019-2020 | General Assembly | Amended
Bill Title: Relates to financing by and through the dormitory authority for the Reece School, the Reece School shall have full power and authority to assign and pledge to the dormitory authority, any and all public funds in an amount sufficient to make all payments required to be made by the Reece School to any lease, sublease or other agreement entered into between the Reece School and the dormitory authority.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2019-08-30 - SIGNED CHAP.226 [S05666 Detail]
Download: New_York-2019-S05666-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 5666--B Cal. No. 784 2019-2020 Regular Sessions IN SENATE May 10, 2019 ___________ Introduced by Sen. BENJAMIN -- read twice and ordered printed, and when printed to be committed to the Committee on Corporations, Authorities and Commissions -- reported favorably from said committee, ordered to first and second report, ordered to a third reading, amended and ordered reprinted, retaining its place in the order of third reading -- again amended and ordered reprinted, retaining its place in the order of third reading AN ACT to amend the public authorities law, in relation to financing by and through the dormitory authority for the Reece School; and to amend chapter 698 of the laws of 1991 amending the public authorities law and the education law, relating to the construction and financing of facilities by the dormitory authority for private schools approved pursuant to article 89 of the education law, in relation to including the Reece School, New York The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The undesignated paragraph of paragraph (b) of subdivision 2 2 of section 1676 of the public authorities law, as added by chapter 465 3 of the laws of 2009, is amended to read as follows: 4 The Reece School, for the financing or refinancing, or reimbursement 5 of the costs of, the acquisition, design, construction, reconstruction, 6 rehabilitation, improvement, furnishing and equipping of, or otherwise 7 providing for, additional floors or facilities for education and therapy 8 at their facility located at twenty-five East One Hundred Fourth Street 9 in the city of New York, to serve as a school for special education 10 students; provided, however, that the aggregate sum of any bonds issued 11 for such purpose shall not exceed [twenty] thirty-five million dollars. 12 Notwithstanding any other provision of law, the Reece School shall have 13 full power and authority to assign and pledge to the dormitory authori- 14 ty, any and all public funds to be apportioned or otherwise made payable 15 by the United States, any agency thereof, the state, any agency thereof, EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD11647-03-9S. 5666--B 2 1 a political subdivision, as defined in section one hundred of the gener- 2 al municipal law, any social services district in the state or any other 3 governmental entity in an amount sufficient to make all payments 4 required to be made by the Reece School to any lease, sublease or other 5 agreement entered into between the Reece School and the dormitory 6 authority. All state and local officers are hereby authorized and 7 required to pay all such funds so assigned and pledged to the dormitory 8 authority or, upon the direction of the dormitory authority, to any 9 trustee of any dormitory authority bond or note issued, pursuant to a 10 certificate filed with any such state or local officer by the dormitory 11 authority pursuant to the provisions of this section. 12 § 2. The undesignated paragraph of subdivision 1 of section 1680 of 13 the public authorities law, as added by chapter 465 of the laws of 2009, 14 is amended to read as follows: 15 The Reece School, for the financing or refinancing, or reimbursement 16 of the costs of, the acquisition, design, construction, reconstruction, 17 rehabilitation, improvement, furnishing and equipping of, or otherwise 18 providing for, additional floors or facilities for education and therapy 19 at their facility located at twenty-five East One Hundred Fourth Street 20 in the city of New York, to serve as a school for special education 21 students; provided, however, that the aggregate sum of any bonds issued 22 for such purpose shall not exceed [twenty] thirty-five million dollars. 23 Notwithstanding any other provision of law, the Reece School shall have 24 full power and authority to assign and pledge to the dormitory authori- 25 ty, any and all public funds to be apportioned or otherwise made payable 26 by the United States, any agency thereof, the state, any agency thereof, 27 a political subdivision, as defined in section one hundred of the gener- 28 al municipal law, any social services district in the state or any other 29 governmental entity in an amount sufficient to make all payments 30 required to be made by the Reece School to any lease, sublease or other 31 agreement entered into between the Reece School and the dormitory 32 authority. All state and local officers are hereby authorized and 33 required to pay all such funds so assigned and pledged to the dormitory 34 authority or, upon the direction of the dormitory authority, to any 35 trustee of any dormitory authority bond or note issued, pursuant to a 36 certificate filed with any such state or local officer by the dormitory 37 authority pursuant to the provisions of this section. 38 § 3. Section 7 of chapter 698 of the laws of 1991 amending the public 39 authorities law and the education law, relating to the construction and 40 financing of facilities by the dormitory authority for private schools 41 approved pursuant to article 89 of the education law, as separately 42 amended by chapters 28 and 471 of the laws of 2006, is amended to read 43 as follows: 44 § 7. The following private not-for-profit schools shall be eligible 45 private not-for-profit schools for purposes of title 4 of article 8 of 46 the public authorities law and, with respect to them, for the purposes 47 of article 15-A of the executive law only, the dormitory authority shall 48 be deemed a state agency as the term is used in such article, and its 49 contracts for design, construction, services and materials shall be 50 deemed state contracts within the meaning of that term as set forth in 51 such article: 52 Baker Hall, Lackawanna, New York 53 The Children's Home of Kingston, New York, Kingston, New York 54 Hawthorne Foundation, Inc., also known as, Hawthorne Country Day School, 55 Hawthorne, New York and Hawthorne Country Day School -- Manhattan Annex 56 Julia Dyckman Andrus Memorial, Inc., Yonkers, New YorkS. 5666--B 3 1 Ketchum-Grande Memorial School, aka Ketchum-Grande School, aka The 2 Charlton School, Burnt Hills, New York 3 The Leake and Watts Children's Home, (Incorporated), Yonkers, New York 4 LaSalle School, Inc., also known as LaSalle School, Albany, New York 5 Northeast Parent and Child Society, Inc., Schenectady, New York 6 Our Lady of Victory Home, Lackawanna, New York 7 The Reece School, the city of New York, New York 8 Saint Anne Foundation, also known as Saint Anne Institute, Albany, New 9 York 10 The Summit School, also known as The Summit School, Inc., Upper Nyack, 11 New York. 12 § 4. This act shall take effect immediately.
