S1142-2013 Actions

• Jan 9, 2013: REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

S1142-2013 Memo

BILL NUMBER:S1142

TITLE OF BILL:
An act
to amend the public authorities law, in relation to the financing
and construction of certain facilities for the
Honest Weight Community Initiative Inc. (Honest Weight Food Co-Op)

PURPOSE OR GENERAL IDEA OF BILL:
To enable the Honest Weight Community Initiative Inc. to obtain
funding and enter into contacts through the dormitory authority for
the acquisition, financing, refinancing, design construction,
improvement, renovation, or otherwise providing for facilities within
the City of Albany.

SUMMARY OF SPECIFIC PROVISIONS:
Section 1 amends paragraph (b) of subdivision 2 of section 1676 of the
public authorities law is amended by adding a new undesignated
subparagraph to include the Honest Weight Community Initiative Inc.

Section 2 amends subdivision 1 of section 1680 of the public
authorities law by adding a new undesignated paragraph to include the
Honest Weight Community Initiative Inc.

Section 3 provides that any contracts entered into by the dormitory
authority pursuant to this act shall be deemed to be state contracts.

Section 4 provides that this act shall take effect immediately.

JUSTIFICATION:
The Honest Weight community Initiative Inc (Honest Weight Food Co-Op)
is a not-for-profit organization formed to help the Honest Weight
Food Co-op grow and move into a new and larger facility in Albany.
Inclusion with the funding apparatus of the Dormitory Authority will
significantly enhance the organization's ability to ensure its goals.

PRIOR LEGISLATIVE HISTORY:
2011/2012: S.6191 Referred to Senate Committee on Corporations,
           Authorities and Commissions

FISCAL IMPLICATIONS:
None to the State.

EFFECTIVE DATE:
This act shall take effect immediately.

S1142-2013 Text

 S T A T E   O F   N E W   Y O R K
 
 
                                         1142
 2013-2014 Regular Sessions
 I N  SENATE
 (PREFILED)
 January 9, 2013
 
 Introduced  by  Sen. BRESLIN -- 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 the financing
 and construction of certain facilities for the Honest Weight Community
 Initiative Inc. (Honest Weight Food Co-Op)
 

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 subpara
 graph to read as follows:

 HONEST WEIGHT COMMUNITY INITIATIVE INC. (HONEST WEIGHT FOOD CO-OP),  A
 NOT-FOR-PROFIT  CORPORATION,  FOR FINANCING AND CONSTRUCTION FOR FACILI
 TIES WITHIN THE CITY OF ALBANY.
 

S 2. Subdivision 1 of section 1680 of the public  authorities  law  is
 amended by adding a new undesignated paragraph to read as follows:

 HONEST WEIGHT COMMUNITY INITIATIVE INC. (HONEST WEIGHT FOOD CO-OP)
 

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

S 4. This act shall take effect immediately.
 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD01903-01-3

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