2006 New York Code - Certain Interests Prohibited.

    §  804-a.  Certain  interests  prohibited.  No member of the governing
  board, of a municipality shall have any interest in the  development  or
  operation  of  any  real  property  located  within  Nassau  County  and
  developed or operated by any membership  corporation  originally  formed
  for purposes among which are the following:
    1.  to plan for, advise, recommend, promote and in all ways encourage,
  alone or in concert with public  officials  and  bodies  and  interested
  local  associations,  the  development and establishment of any lands in
  Nassau County publically owned with particular emphasis  on  industrial,
  business,  commercial,  residential  and  public uses, the augmention of
  public revenues and furtherance of the public interest of  the  citizens
  of Nassau County;
    2.  to  conduct  studies  to  ascertain  the needs of Nassau County as
  pertains to such publically owned lands and supporting facilities and in
  Nassau County generally for the purpose of aiding the County  of  Nassau
  in  attracting  new  business,  commerce  and  industry  to  it  and  in
  encouraging the development and  retention  of  business,  commerce  and
    3.  to  relieve  and  reduce  unemployment,  promote  and  provide for
  additional and maximum employment, better and maintain job opportunities
  and  instruct  or  train  individuals  to  improve  or   develop   their
  capabilities for such jobs;
    4.  to  implement  and  engage  itself in plans of development of such
  publically owned lands  and  other  areas  in  connection  with  private
  companies  and  citizens  and  with  public bodies and officials, and to
  participate in  such  operations,  leaseholds,  loans,  ownerships  with
  respect  to  land, buildings or public facilities or interest therein as
  may be lawful and desirable to effectuate its corporate purposes and the
  best interests of the people of Nassau County.

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