6270 – Short Title.
§ 6270. Short title. This article may be cited as the “city university construction fund act.”
6271 – Definitions.
§ 6271. Definitions. For the purposes of this article: 1. “Dormitory authority” means the dormitory authority of the state of New York as established by the dormitory authority act. 2. “City” means the city of New York. 3. “City university” means the city university of New York, including the senior colleges and the community colleges […]
6272 – Fund Continued.
§ 6272. Fund continued. The city university construction fund created by chapter seven hundred eighty-two of the laws of nineteen hundred sixty-six is hereby continued. The fund is a corporate governmental agency constituting a public benefit corporation. It has the powers and privileges of a corporation and all of its business shall be transacted, all […]
6273 – Purposes of Fund.
§ 6273. Purposes of fund. The purposes of the fund shall be (i) to provide facilities for the city university, and (ii) to support the educational purposes of the city university.
6274 – Administration of Fund.
§ 6274. Administration of fund. (1) For the period beginning July first, nineteen hundred seventy-nine and ending December thirty-first, nineteen hundred seventy-nine, the fund shall continue to be administered by the trustees of the city university construction fund in office as of June thirtieth, nineteen hundred seventy-nine. Effective January first, nineteen hundred eighty the fund […]
6275 – General Powers.
§ 6275. General powers. The fund shall have the following powers in addition to those specially conferred elsewhere in this article: (1) to sue and to be sued; (2) to have a seal and alter the same at its pleasure; (3) to make and alter by-laws for its organization and internal management; (4) to prescribe […]
6276 – Agreements With Dormitory Authority.
§ 6276. Agreements with dormitory authority. (a) To fulfill the purposes contained in subdivision a of section sixty-two hundred seventy-three of this article, the fund may enter into leases, subleases or other agreements with the dormitory authority to which the board of higher education may be a party under which the authority may provide facilities […]
6277 – Authority of City to Convey Real Property and Grant Consents to Dormitory Authority.
§ 6277. Authority of city to convey real property and grant consents to dormitory authority. (a) Notwithstanding the provisions of any general, special or local law, charter or ordinance to the contrary, on request of the fund and with the approval of the city board of estimate, the city of New York may sell, convey, […]
6278 – Resources of Fund.
§ 6278. Resources of fund. (a) Subject to the provisions of this article, the trustees of the fund shall receive, accept, invest, administer, expend and disburse for its corporate purposes all monies for the city university construction fund from whatever sources derived including (1) payments by the state pursuant to the provisions of subdivision one […]
6279 – Payments to Fund.
§ 6279. Payments to fund. To enable the fund to realize its corporate purposes, as provided in section sixty-two hundred seventy-three of this article, the following monies shall be made available to the fund as hereinafter provided: (1) The state shall, in addition to any other state financial assistance, annually appropriate and pay to the […]
6280 – Actions Against Fund.
§ 6280. Actions against fund. (a) Except in an action for wrongful death, an action against the fund for personal injury or property damage or founded on tort shall not be commenced more than one year and ninety days after the cause of action therefor shall have accrued, nor unless a notice of claim shall […]
6281 – Municipal Regulations.
§ 6281. Municipal regulations. (a) No county, town or village, including but not limited to the city of New York, shall have the power to modify or change the plans and specifications for facilities to be provided pursuant to agreements between the dormitory authority and the city university construction fund, or the construction, plumbing, heating, […]
6282 – Exemption From Taxation.
§ 6282. Exemption from taxation. The moneys and property of the fund and its operations shall be exempt from taxation.