Assembly Bill A8599

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 8599--A

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                              May 29, 2009
                               ___________

Introduced by M. of A. POWELL -- read once and referred to the Committee
  on  Corporations, Authorities and Commissions -- reported and referred
  to the Committee on Ways  and  Means  --  committee  discharged,  bill
  amended,  ordered reprinted as amended and recommitted to said commit-
  tee

AN ACT to amend the public authorities law, in relation  to  authorizing
  the  dormitory  authority  to finance certain facilities for the Reece
  school

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Paragraph  (b)  of  subdivision  2 of section 1676 of the
public authorities law is amended by adding a new undesignated paragraph
to read as follows:
  THE REECE SCHOOL, FOR THE FINANCING OR REFINANCING,  OR  REIMBURSEMENT
OF  THE COSTS OF, THE ACQUISITION, DESIGN, CONSTRUCTION, RECONSTRUCTION,
REHABILITATION, IMPROVEMENT, FURNISHING AND EQUIPPING OF,  OR  OTHERWISE
PROVIDING FOR, ADDITIONAL FLOORS OR FACILITIES FOR EDUCATION AND THERAPY
AT  THEIR FACILITY LOCATED AT TWENTY-FIVE EAST ONE HUNDRED FOURTH STREET
IN THE CITY OF NEW YORK, TO SERVE AS  A  SCHOOL  FOR  SPECIAL  EDUCATION
STUDENTS;  PROVIDED, HOWEVER, THAT THE AGGREGATE SUM OF ANY BONDS ISSUED
FOR SUCH PURPOSE SHALL NOT EXCEED TWENTY MILLION DOLLARS.
  S 2. Subdivision 1 of section 1680 of the public  authorities  law  is
amended by adding a new undesignated paragraph to read as follows:
  THE  REECE  SCHOOL, FOR THE FINANCING OR REFINANCING, OR REIMBURSEMENT
OF THE COSTS OF, THE ACQUISITION, DESIGN, CONSTRUCTION,  RECONSTRUCTION,
REHABILITATION,  IMPROVEMENT,  FURNISHING AND EQUIPPING OF, OR OTHERWISE
PROVIDING FOR, ADDITIONAL FLOORS OR FACILITIES FOR EDUCATION AND THERAPY
AT THEIR FACILITY LOCATED AT TWENTY-FIVE EAST ONE HUNDRED FOURTH  STREET
IN  THE  CITY  OF  NEW  YORK, TO SERVE AS A SCHOOL FOR SPECIAL EDUCATION
STUDENTS; PROVIDED, HOWEVER, THAT THE AGGREGATE SUM OF ANY BONDS  ISSUED
FOR SUCH PURPOSE SHALL NOT EXCEED TWENTY MILLION DOLLARS.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11947-02-9
              

A. 8599--A                          2

  S 3. All contracts entered into by the dormitory authority pursuant to
the  provisions of this act shall be deemed to be state contracts within
the meaning of that term as set forth in article 15-A of  the  executive
law,  and  the  dormitory authority shall be deemed, for the purposes of
this act, a contracting agency as the term is used in such article.
  S 4. This act shall take effect immediately.