N.Y. Facilities Development Corporation Act § 15

Current through 2024 NY Law Chapter 202
Section 15 - Annual report of directors

The directors of the corporation shall submit to the governor, the state agency designated by him to implement the federal comprehensive health planning and public health services amendments of nineteen hundred sixty-six ( Public Law 89-749 ), the public health council, the mental hygiene council, the commissioners of health and the offices of the department of mental hygiene, the legislature, the chairman of the senate finance committee and the chairman of the assembly ways and means committee, annually on or before October first, a full report of its activities and operations through the thirty-first day of the preceding March, including details as to projects in planning, projects in the process of construction, acquisition, reconstruction, rehabilitation or improvements, and projects completed, the performance record of the directors in completing construction in accordance with the desired completion dates and within the estimated cost recommended by the governor and approved by the legislature, the architects, engineers and other private consultants engaged by the directors of the corporation on a contract basis and a statement of the total amount paid and yet to be paid, or estimated yet to be paid, under each such contract, the letting agency and successful bidder or bidders for each project, the monies made available for the purposes of the corporation, details as to any lease, sublease or agreement executed by the directors of the corporation with the state housing finance agency or the state medical care facilities finance agency, as the case may be, and the annual rentals required to be paid on account thereof, and such other information related to the activities and operation of the corporation as the directors of the corporation may consider pertinent.

N.Y. Facilities Development Corporation Act Law § 15