2017 New York Laws
NPC - Not-For-Profit Corporation
Article 16 - Land Banks
1612 - Public Records and Public Meetings.

1612. Public records and public meetings.
(a)  The  board shall cause minutes and a record to be kept of all its
  proceedings. Except as otherwise provided in this section, the land bank
  shall be subject to the open meetings law and the freedom of information
  law.
(b) A land bank shall hold a public  hearing  prior  to  financing  or
  issuance  of  bonds.  The  land  bank  shall  schedule and hold a public
  hearing and solicit public comment. After the conclusion of  the  public
  hearing  and  comments,  the land bank shall consider the results of the
  public hearing and comments with respect to the proposed  actions.  Such
  consideration  by  the  land bank shall include the accommodation of the
  public interest with respect to such actions; if such  accommodation  is
  deemed  in  the  best  interest  of the community proposed actions shall
  include such accommodation.
(c) In addition to any other report required by this chapter, the land
  bank, through its chairperson,  shall  annually  deliver,  in  oral  and
  written  form,  a  report  to  the  municipality.  Such  report shall be
  presented by March fifteenth of each year to the governing body or board
  of the municipality. The report shall describe in  detail  the  projects
  undertaken by the land bank during the past year, the monies expended by
  the land bank during the past year, and the administrative activities of
  the land bank during the past year. At the conclusion of the report, the
  chairperson  of  the land bank shall be prepared to answer the questions
  of the municipality with respect  to  the  projects  undertaken  by  the
  authority  during the past year, the monies expended by the municipality
  during  the  past  year,  and  the  administrative  activities  of   the
  municipality during the past year.