BILL NUMBER:  S7755

 TITLE OF BILL :
An act to repeal title 37 of article 15-B of the general municipal law
relating to the Port Chester community development agency


 PURPOSE OR GENERAL IDEA OF BILL :
This bill would repeal the Port Chester Community Development Agency
that was originally established in 1964 pursuant to Title 37 of
Article 15-B for the General Municipal Law as an urban renewal agency
in the Village of Port Chester

 SUMMARY OF SPECIFIC PROVISIONS :
Section 1. Title 37 of article 15-b of the general municipal law is
repealed.

 JUSTIFICATION :
The Board of Trustees shares the intentions of the State's recently
passed Public Authority Accountability Act to eliminate dormant local
public authorities, and has been taking its own proactive steps on a
local level in an effort to mirror it. The Board certifies that the
Port Chester Development Agency is not active and shall take all
appropriate steps necessary to dissolve the Port Chester Community
Development Agency if the agency is not deemed dissolved as a matter
of law pursuant to General Municipal Law, Section 553(1)(b)(2).