2006 New York Code - Findings By The Commissioner.

 
    §  513.  Findings  by  the  commissioner. 1. No loan, subsidy or grant
  shall be made by the state for  an  urban  renewal  program  unless  the
  commissioner shall find that:
    (a) the municipality or agency, as the case may be, has entered into a
  contract  to  receive  capital  grants,  or  loans  and grants, from the
  federal government under which the municipality  is  obligated  to  make
  local  grants-in-aid,  or the governing body has found that such federal
  financial assistance is not necessary for the undertaking and successful
  completion of the program;
    (b) in the case of a state loan, the state loan for which  application
  is made will not exceed one-half of such local grants-in-aid;
    (c)  in the case of a state capital grant, the state capital grant for
  which application is made will not exceed one-half of the municipality's
  share of the net project cost, or, if the municipality has  not  applied
  to  or entered into a contract with the federal government for advances,
  loans or grants for a specific project, such  grant  shall  not  in  any
  event exceed five hundred thousand dollars ($500,000);
    (d)  adequate  provision  has  been  made  in  a relocation program to
  provide housing for the persons and families  to  be  displaced  by  the
  urban renewal program;
    (e)  such  program is in conformity with a plan or undertaking for the
  clearance, replanning, reconstruction and rehabilitation of  substandard
  and   insanitary   areas  and  for  recreational  and  other  facilities
  incidental or appurtenant thereto, and
    (f) the estimated funds available to the municipality  or  agency,  as
  the  case  may  be, including any federal loans and grants for the urban
  renewal program, the local grants-in-aid and the state loan  or  capital
  grant will be sufficient to cover all probable costs of the program.
    2.  Such  findings  shall  be conclusive evidence of the facts therein
  contained except upon proof of  fraud  or  willful  misfeasance  by  the
  commissioner.