§ 182. The New York state economic development power allocation board. There is hereby created a New York state economic development power allocation board, which shall possess the powers and duties herein specified and all the powers necessary or proper to carry out the purposes of this article. The board shall consist of four members, […]
§ 183. General powers and duties of the board. In furtherance of the purposes set forth in this article, the board shall have the following powers: (a) To adopt, within one hundred twenty days after appointment, eligibility criteria and rules and regulations relating to the activities of the board. (b) To evaluate applications for allocations […]
§ 184. Criteria for eligibility for economic development power. Each application for an allocation of economic development power shall be evaluated under criteria adopted by the board. Such criteria shall address, but need not be limited to: (a) the number of new jobs created as a result of an economic development power allocation; (b) the […]
§ 185. Revitalization programs. In addition to the criteria described in section one hundred eighty-four of this article and such other criteria as the board may by rule or regulation define, an economic development power allocation may be made to a business in serious, long-term distress that is not primarily caused by normal, short-term changes […]
§ 186. Transfers of economic development power. The transfer of an economic development power allocation between facilities of a recipient shall be prohibited unless specifically approved by the board as consistent with the criteria and requirements in sections one hundred eighty-four, one hundred eighty-five and subdivision (g) of section one hundred eighty-seven of this article […]
§ 187. Economic development power allocations. (a) Any municipality or municipal agency may, alone or jointly with others, file with the board an application for an economic development power allocation on behalf of a business. Such applications shall be in such form and contain such information, exhibits and supporting data as the board may prescribe. […]
§ 188. Industrial incentive awards. The power authority of the state of New York shall submit to the board its economic development plan for the use of industrial incentive awards for economic development purposes. The board shall review the proposed plan and shall approve such plan, in whole or in part, upon its determination that […]
§ 188-a. Recharge New York power program. (a) Definitions. For the purposes of this section, the following terms shall have the following meanings: (1) “Applicable criteria” shall mean the criteria specified in subdivision (c) of this section. (2) “Authority” shall mean the power authority of the state of New York. (3) “Recharge New York power […]
