2006 New York Code - Extraordinary Conditions Provision.



 
    *  §  2474.  Extraordinary  conditions  provision. In the event that a
  participating municipality fails to make its required payment  in  whole
  or  in part, to the authority because of extraordinary conditions beyond
  the control of the  participating  municipality  as  determined  by  the
  authority,  the  chairman of the authority shall certify such conditions
  to the comptroller. The comptroller upon receipt of  such  certification
  from  the  authority  shall withhold state aid in the same manner as set
  forth in section twenty-four hundred seventy-three in an amount  not  to
  exceed  eighty per centum of the total required payment minus the amount
  paid by the municipality. The comptroller shall immediately pay over  to
  the  sports  facilities  income  fund account the amount so withheld. In
  such cases, the authority shall provide for the outstanding  amounts  so
  due in an appropriate and timely manner.
    * NB (Disbanded March, 1980)

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