340 – Short Title.

§ 340. Short title. This article shall be known, and may be cited, as the “olympic games facilitation act”.

341 – Statement of Legislative Intent.

§ 341. Statement of legislative intent. It is the intent of the legislature to provide the necessary assurances and commitments required by the United States olympic committee and the international olympic committee in selecting a host city or municipality for the two thousand twelve olympic games. The selection of locations in New York state to […]

342 – Definitions.

§ 342. Definitions. As used in this article, the following words and terms shall have the following meanings: (a) “Comptroller” shall mean the state comptroller. (b) “Division of budget” shall mean the state of New York division of budget. (c) “Endorsing municipality” shall mean a municipality or municipalities within the state of New York that […]

343 – Use and Amount of Funds.

§ 343. Use and amount of funds. Any monies deposited, transferred or otherwise contained in the olympic games guaranty fund established in section eighty-four-a of the state finance law shall be used for the sole purpose of obtaining adequate security, acceptable to the United States olympic committee and the international olympic committee, to demonstrate the […]

344 – Payor of Last Resort.

§ 344. Payor of last resort. The state and endorsing municipality shall be payors of last resort with regard to any net financial deficit as defined in this act. The security provided pursuant to this act may not be accessed to cover any net financial deficit indemnified by the state and endorsing municipality under the […]

345 – Execution of Contracts.

§ 345. Execution of contracts. (a) The secretary of state, or his designee, on behalf of the state, and the endorsing municipality may execute a games support contract that is required by a site selection organization in connection with the committee’s bid to host an olympic games. (b) The local organizing committee shall provide any […]

346 – Additional Insureds.

§ 346. Additional insureds. The local organizing committee shall list the state and the endorsing municipality as additional insureds on any policy of insurance purchased by the local organizing committee to be in effect in connection with the preparation for and conduct of the olympic games.

347 – Authority of State Agencies.

§ 347. Authority of state agencies. All agencies of the state are authorized, but are not required, to make and enter into agreements with the local organizing committee to provide the local organizing committee with: (a) such public services as are customarily performed or available from the agency as may be needed by the local […]

348 – Local Organizing Committee; Responsibilities.

§ 348. Local organizing committee; responsibilities. (a) The local organizing committee may not engage in any conduct that reflects unfavorably upon this state, the endorsing municipality, or the olympic games, or that is contrary to law or to the rules and regulations of the United States olympic committee and the international olympic committee. (b) By […]