Search OpenLegislation Statutes

This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
Extraordinary conditions provision
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 8, TITLE 19
* § 2474. Extraordinary conditions provision. In the event that a
participating municipality fails to make its required payment in whole
or in part, to the authority because of extraordinary conditions beyond
the control of the participating municipality as determined by the
authority, the chairman of the authority shall certify such conditions
to the comptroller. The comptroller upon receipt of such certification
from the authority shall withhold state aid in the same manner as set
forth in section twenty-four hundred seventy-three in an amount not to
exceed eighty per centum of the total required payment minus the amount
paid by the municipality. The comptroller shall immediately pay over to
the sports facilities income fund account the amount so withheld. In
such cases, the authority shall provide for the outstanding amounts so
due in an appropriate and timely manner.

* NB (Disbanded March, 1980)