2006 New York Code - Additional Restrictions On Funds Of The Agency In Connection With Continuing Care Retirement Communities.



 
    §  862-a. Additional restrictions on funds of the agency in connection
  with continuing care retirement communities.  No resolution  authorizing
  the  issuance of bonds, notes or other obligations of the agency, or for
  providing financial assistance in any respect, for any  continuing  care
  retirement  community  project  shall  be  adopted  unless and until the
  project has received a certificate of authorization pursuant to  section
  forty-six  hundred  four-a  of  the  public  health  law, and unless the
  project will serve the public purposes of  this  article  by  preserving
  permanent,  private  sector  jobs  or  increasing  the overall number of
  permanent, private sector jobs in the state.

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