S T A T E O F N E W Y O R K
________________________________________________________________________
3443
2017-2018 Regular Sessions
I N S E N A T E
January 23, 2017
___________
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:
Section 1. In exchange for hosting the East 91st Street Marine trans-
fer station, and to help mitigate any potential adverse impacts to
health and recreational opportunities, improvements shall be made to the
East River Esplanade.
§ 2. The public authorities law is amended by adding a new section
1285-s to read as follows:
§ 1285-S. FINANCING OF THE DESIGN, ACQUISITION, CONSTRUCTION, IMPROVE-
MENT AND INSTALLATION OF EAST RIVER ESPLANADE. THE CORPORATION SHALL
HAVE THE AUTHORITY, SUBJECT TO THE APPROVAL OF THE DIRECTOR OF THE BUDG-
ET, TO FINANCE THE DESIGN, ACQUISITION, CONSTRUCTION, IMPROVEMENT AND
INSTALLATION OF ALL OR ANY PORTION OF THE EAST RIVER ESPLANADE INCLUD-
ING, BUT NOT LIMITED TO, BOAT STORAGE UNDER 96TH STREET, PIER 107 AND
DECKING OVER THE FDR DRIVE.
§ 3. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD04452-01-7