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Assembly Bill A1820

2011-2012 Legislative Session

Authorizes the Urban Development Corporation to create a subsidiary corporation for the oversight of the Atlantic Yards project

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Archive: Last Bill Status - On Floor Calendar

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2011-A1820 (ACTIVE) - Details

See Senate Version of this Bill:
S1597
Law Section:
Public Authorities Law
Laws Affected:
Amd ยง2827-a, Pub Auth L
Versions Introduced in Other Legislative Sessions:
2009-2010: A11431, S8193
2013-2014: A5334

2011-A1820 (ACTIVE) - Summary

Authorizes the Urban Development Corporation to create a subsidiary corporation for the purpose of the further planning, design, and oversight of the Atlantic Yards land use improvement and civic project.

2011-A1820 (ACTIVE) - Bill Text download pdf 

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

                                  1820

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                            January 12, 2011
                               ___________

Introduced  by  M.  of A. JEFFRIES, BRENNAN -- read once and referred to
  the Committee on Corporations, Authorities and Commissions

AN ACT to amend the public authorities law, in relation  to  creating  a
  subsidiary  corporation for the planning and oversight of the Atlantic
  yards project

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

  Section  1. Section 2827-a of the public authorities law is amended by
adding a new subdivision 8 to read as follows:
  8. NOTWITHSTANDING SUBDIVISION ONE OF THIS SECTION, THE URBAN DEVELOP-
MENT CORPORATION IS HEREBY AUTHORIZED AND DIRECTED TO  IMMEDIATELY  TAKE
ALL  ACTION  TO  CREATE  A  SUBSIDIARY  CORPORATION,  IN ACCORDANCE WITH
SECTION TWELVE OF THE NEW YORK STATE URBAN DEVELOPMENT CORPORATION  ACT,
FOR  THE  PURPOSE  OF  THE FURTHER PLANNING, DESIGN AND OVERSIGHT OF THE
ATLANTIC YARDS LAND USE IMPROVEMENT AND CIVIC PROJECT.
  S 2. This act shall take effect immediately, provided that the subsid-
iary corporation authorized in section one of this act must  be  created
within 60 days of such authorization.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04682-01-1

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