21.03 – Legislative Findings and Statement of Purposes.
§ 21.03. Legislative findings and statement of purposes. 1. The legislature hereby finds, determines and declares: (a) that it is essential for the general and economic welfare of the people of the state for the city to remain a unique national and international center for cultural activities and affairs; (b) that the city’s position as […]
21.05 – Creation and Administration of the Trust.
§ 21.05. Creation and administration of the trust. 1. There is hereby created the trust for cultural resources of the city of New York which shall have all the powers, rights, privileges and exemptions of a trust for cultural resources described in article twenty of this chapter and this article. 2. The board of trustees […]
21.07 – Special Powers of the Trust Relating to Assisting Participating Cultural Institutions.
§ 21.07. Special powers of the trust relating to assisting participating cultural institutions. In addition to such powers as are conferred elsewhere in article twenty of this chapter and this article, the trust shall have the following powers which may be exercised, at the discretion of the board of trustees, solely and exclusively in furtherance […]
21.09 – Special Provisions Relating to the Acquisition of Real Property.
§ 21.09. Special provisions relating to the acquisition of real property. 1. Subject to subdivision two of this section, the trust may acquire real property by condemnation pursuant to the provisions of the eminent domain procedure law where not inconsistent with this article. Prior to the commencement of any condemnation proceedings pursuant to this section, […]
21.11 – Special Provisions Relating to Tax-Equivalency Payments.
§ 21.11. Special provisions relating to tax-equivalency payments. 1. The trust shall use and apply in the following order the tax-equivalency payments it receives in respect of each combined-use facility: (a) the trust shall first pay the costs of administration of the trust allocable to such combined-use facility in accordance with generally accepted accounting principles […]
21.13 – Special Provisions Relating to the Financing and Development of Combined-Use Facilities or Public Television Facilities.
§ 21.13. Special provisions relating to the financing and development of combined-use facilities or public television facilities. 1. Notwithstanding any of the powers granted to the trust by this article or by article twenty of this title, the trust shall neither convey nor cause to be conveyed any real property that is part of a […]
21.15 – Application of Law.
§ 21.15. Application of law. Any other provision of any other law to the contrary notwithstanding: 1. All of the applicable provisions of the general municipal law or of any other law shall apply to the trust herein continued in the same manner as if the language of such law had been incorporated in full […]
21.01 – Special Definitions.
§ 21.01. Special definitions. As used or referred to in this article, all terms shall have the meanings set forth in section 20.03 of this chapter, except that the following terms shall have the following meanings: 1. “City” shall mean the city of New York. 2. “Mayor” shall mean the mayor of the city. 3. […]