2006 New York Code - Expenditure Of Moneys.



 
    §  480. Expenditure of moneys. 1. In accordance with the provisions of
  the rebuild and renew New York transportation bond act of  two  thousand
  five  authorizing  the creation of general obligation debt in the amount
  of two billion nine hundred million dollars ($2,900,000,000), the moneys
  received by the state from the sale  of  bonds  and/or  notes  shall  be
  expended  for  uses  eligible pursuant to the rebuild and renew New York
  transportation  bond  act  of  two  thousand  five  pursuant  to  annual
  appropriations as follows:
    (a) One billion four hundred fifty million dollars ($1,450,000,000) as
  authorized by subdivision two of this section; and
    (b) One billion four hundred fifty million dollars ($1,450,000,000) as
  authorized by subdivision two of section twelve hundred seventy-f of the
  public authorities law.
    2.  Program  distribution.  The  moneys received by the state from the
  sale  of  bonds  sold  pursuant  to  the  rebuild  and  renew  New  York
  transportation  bond act of two thousand five for uses eligible pursuant
  to subdivision a of section four of  the  rebuild  and  renew  New  York
  transportation  bond  act of two thousand five shall be expended for the
  following transportation programs, pursuant to annual appropriations:
    One billion four hundred fifty million  dollars  ($1,450,000,000)  for
  the     construction,    reconstruction,    replacement,    improvement,
  reconditioning, rehabilitation and preservation, including  engineering,
  construction  management,  site preparation, clearances, the preparation
  of  designs,  plans,  specifications,  estimates,  environmental  impact
  statements, appraisals and surveys, and the acquisition of real property
  and  interests therein required or expected to be required in connection
  therewith, of:  state  highways,  bridges  and  parkways;  highways  and
  bridges off the state highway system necessary or reasonably expected to
  be  necessary as a project component or incidental to projects otherwise
  authorized by this  paragraph  in  relation  to  the  canal  system  and
  appurtenances  thereto;  highways and bridges either on or off the state
  highway system necessary or reasonably expected to  be  necessary  as  a
  project component or incidental to projects otherwise authorized by this
  paragraph  in  relation  to  airports  and  aviation  facilities, ports,
  omnibus, mass transit, rapid transit and rail projects; border  crossing
  enhancements  either on or off the state highway system; the improvement
  and/or elimination of highway-railroad grade crossings either on or  off
  the state highway system; pedestrian and/or bicycle trails, pathways and
  bridges   that   serve   transportation  needs;  the  canal  system  and
  appurtenances thereto, including moveable bridges that  cross  over  the
  canal system, canal infrastructure improvement and enhancement projects,
  and  improvement and enhancement of canal harbors, service ports, marine
  terminals and marine transportation  facilities  on  the  canal  system;
  airports  and  aviation  facilities,  equipment  and  related  projects,
  exclusive of those airports and facilities under the jurisdiction of the
  port authority of New York and New Jersey or operated by  the  state  of
  New  York;  ports, marine terminals and marine transportation facilities
  exclusive of those under the jurisdiction of the port authority  of  New
  York  and  New  Jersey; omnibus, mass transit and rapid transit systems,
  facilities, and equipment, including  acquisition,  exclusive  of  those
  operated  or  acquired  by or under the jurisdiction of the metropolitan
  transportation authority and its subsidiaries, the New York city transit
  authority and its subsidiaries and  the  Triborough  bridge  and  tunnel
  authority;  urban,  commuter and intercity passenger rail, freight rail,
  and intermodal passenger and freight facilities and equipment, including
  alterations necessary to improve track clearances,  and  also  including
  facilities  used  jointly  by  commuter  railroad  companies and freight
  railroad companies, but otherwise exclusive  of  those  operated  by  or
  under  the jurisdiction of the metropolitan transportation authority and
  its  subsidiaries,  the  New  York  city  transit  authority   and   its
  subsidiaries and the Triborough bridge and tunnel authority.

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