Section 2675-II. State aid revenues

1.  With  respect to each issue of
  outstanding hotel revenue bonds, the chairperson of the authority  shall
  certify  at  least  semi-annually,  or  in  the  case  of the first such
  certificate within thirty days after the  sale  of  an  issue  of  hotel
  revenue bonds, to the comptroller and the director of the budget, with a
  copy  to  the  mayor,  a  schedule setting forth the amount of state aid
  revenue payable to the city pursuant to section nineteen-a of the public
  lands law, if any, necessary for payment of any amounts required  to  be
  deposited  in  any  debt service reserve fund with respect to such hotel
  revenue bonds to make up any deficiency in such fund in accordance  with
  the  provisions  of  the resolution or indenture pursuant for which such
  hotel  revenue  bonds  were  issued  (all   such   payments,   "eligible
  obligations").
    2.  The certification may be amended and, in the event of a bond sale,
  shall be amended no later than thirty days after such sale. The schedule
  accompanying such certification shall provide for such payment dates  as
  the  authority deems appropriate to ensure that sufficient funds will be
  available to meet  its  eligible  obligations  relating  to  such  hotel
  revenue bonds as they come due.