Section 97-FFF. Hudson River park fund  


Latest version.
  • 1. There is hereby established in
      the joint custody of the  state  comptroller  and  the  commissioner  of
      taxation and finance a special fund to be known as the Hudson River park
      fund.
        2.  Such  fund  shall  consist  of all moneys paid thereto pursuant to
      appropriations and all moneys credited to or  transferred  thereto  from
      any  other  fund  or  source pursuant to law. Any interest earned by the
      investment of money in such fund shall be added to such fund,  become  a
      part of such fund, and be used for the purpose of such fund.
        3.  Moneys of the fund, following appropriation by the legislature and
      allocation by the director of the budget, shall  be  available  for  the
      purpose  of  funding  expenses  of  the  Hudson  River  park,  including
      operating expenses, capital projects and/or debt service  in  connection
      thereto.
        * NB There are 2 § 97-fff's