Allocation of Monies.

Checkout our iOS App for a better way to browser and research.

§ 15.01 Allocation of monies. 1. The moneys received by the state from the sale of bonds sold pursuant to the park and recreation land acquisition bond acts of nineteen hundred sixty and nineteen hundred sixty-two shall be expended for the following purposes in the following amounts, as heretofore established:

(a) For the acquisition of real property for state park purposes, thirty million dollars ($30,000,000.00);

(b) For the acquisition of real property for other than state park or municipal park purposes, to provide additional opportunities for outdoor recreation, including public camping, fishing, hunting, boating, winter sports, and, wherever possible, to also serve multiple purposes involving the conservation and development of natural resources, including the preservation of scenic areas, watershed protection, forestry and reforestation, twenty million dollars ($20,000,000.00);

(c) For state aid in the amount of seventy-five percent of the cost of acquisition of real property for parks by cities other than the city of New York, or by improvement districts within cities other than the city of New York, twelve million dollars ($12,000,000.00);

(d) For state aid in the amount of seventy-five percent of the cost of acquisition of real property for parks by the city of New York, or by improvement districts therein, seventeen million dollars ($17,000,000.00);

(e) For state aid in the amount of seventy-five per cent of the cost of acquisition of land for parks by counties, towns and villages, or by improvement districts therein, twenty-one million dollars ($21,000,000.00).

(f) Notwithstanding the provisions of paragraphs (c) and (e) of this subdivision, in the case of neighborhood parks established or expanded pursuant to paragraph (c) of subdivision three of section 15.05, such total unencumbered on subsequent unencumbered sum as of July first, nineteen hundred seventy-six, reserved out of the funds provided in paragraph (c) of this subdivision shall be expended for state aid in the amount of seventy-five percent of the cost of acquisition of real property for neighborhood parks by any cities other than the city of New York, counties, towns or villages, or by improvement districts therein pursuant to paragraph (b) of subdivision two of section 15.03. 2. The unused or unobligated balance of any amount to be expended pursuant to subdivision one of this section for a specific purpose may be allocated by the governor, upon the recommendation of the commissioner, to one or more other purposes set forth in such subdivision, provided that the amount to be expended for any one purpose shall not be reduced or increased by more than thirty per cent. Such allocation of any unused or unobligated balance shall be evidenced by the certificate of the governor filed with the state comptroller and the director of the budget. 3. For the purpose of computing the grant of aid made by the state to a municipality, the cost of acquisition shall be not more than the amount set forth in the application for state aid made by the municipality and approved by the commissioner pursuant to subdivision two of section 15.03, plus any direct incidental costs approved by the state comptroller.


Download our app to see the most-to-date content.