N.Y. Comp. Codes R. & Regs. tit. 9 § 2002.1

Current through Register Vol. 46, No. 51, December 18, 2024

Section 2002.1 - Terms and conditions

(a) The State grant to a municipality, within appropriations therefor, shall not exceed 75 percent of the cost of property to be acquired which includes any direct incidental costs approved by the State Comptroller, subject to the approval of and as may be limited by the commissioner.

(b) The State grant furnished pursuant to the law, including any advance made pursuant thereto, shall be reimbursed to the extent that credit is received under any other Federal or State program by virtue of the establishment of a neighborhood park under the Law.

(c) The following costs will not be included in determining the amount of the State grant:

(1) cost of any proposed development or improvement;

(2) ordinary local governmental expenses or services;

(3) real property taxes, assessments and penalties;

(4) any portion of an award in a condemnation proceeding that is not compensation for the taking of land;

(5) expenditures for acquisition of land located outside the jurisdiction of the municipality;

(6) cost of land or any interest in land acquired prior to application for a State grant-in-aid;

(7) any aid, grant or contribution toward the cost of land or any interest in land acquired or being acquired with State financial assistance under any other program.

N.Y. Comp. Codes R. & Regs. Tit. 9 § 2002.1