Section 489-HHHH. Administration of the benefit program  


Latest version.
  • 1. The department
      of finance of any city enacting a local law  pursuant  to  section  four
      hundred  eighty-nine-bbbb  of  this title shall have, in addition to any
      other functions, powers and duties which have been or may  be  conferred
      on it by law, the following functions, powers and duties:
        (a)  To  publicize the availability of benefits pursuant to this title
      for industrial, commercial and renovation construction work.
        (b)  To  receive  and  review   applications   for   certificates   of
      eligibility,  issue  such  certificates  where  authorized  pursuant  to
      section four hundred eighty-nine-eeee of  this  title,  and  record  the
      issuance of such certificates as prescribed in such section.
        (c)  To  receive  evidence  of expenditures made for construction, and
      where such expenditures do not equal the amount required to qualify  for
      exemption  from  or  abatement  or  deferral  of  tax  payments  to take
      appropriate action, including but  not  limited  to  denying,  reducing,
      suspending, terminating or revoking benefits pursuant to this title.
        (d)  To  enter  and  inspect  property  to  determine  whether  it  is
      industrial or commercial or mixed-use and to determine whether  (i)  any
      such property is being used for any restricted use, or (ii) any property
      which  is  the  subject  of  a certificate of eligibility for industrial
      construction work is being used as commercial  property,  or  (iii)  any
      industrial  or  commercial  property  is  being  used  as residential or
      mixed-use property, or (iv) all or part of the nonresidential portion of
      mixed-use property is being used as residential property.
        (e) To collect all real property taxes for which payment  is  deferred
      pursuant to this title.
        (f)  To  collect all real property taxes, with interest, due and owing
      as a result of reduction, suspension, termination or revocation  of  any
      exemption  from  or  abatement  or deferral of taxes granted pursuant to
      this title.
        (g) To make and promulgate regulations to carry out  the  purposes  of
      this  title,  including,  but  not  limited  to,  regulations  requiring
      applicants  to  publish   notice   of   their   applications,   defining
      manufacturing  and  commercial  activities  and specifying the nature of
      work for  which  expenses  may  be  included  in  the  minimum  required
      expenditure,  provided,  however,  that  any  regulation  increasing the
      minimum required expenditure shall not apply to  any  person  who  is  a
      recipient  on  the  effective  date of such regulation. Such regulations
      shall include a requirement that with respect to the  construction  work
      recipients  and  their  contractors shall be equal opportunity employers
      and may also provide that persons  employed  in  the  construction  work
      shall  implement  a  training  program  for  economically  disadvantaged
      persons enrolled  or  eligible  to  be  enrolled  in  training  programs
      approved by the department of labor.