New York Education Law Article 125-B - CITY UNIVERSITY CONSTRUCTION FUND

• 6270 - Short Title.
  This article may be cited as the "city university construction fund act."
• 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...
• 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...
• 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
• 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...
• 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)...
• 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...
• 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...
• 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...
• 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...
• 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...
• 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...
• 6282 - Exemption From Taxation.
  The moneys and property of the fund and its operations shall be exempt from taxation.
• 6283 - Procurements of the Fund.
  * Notwithstanding subdivision two of section one hundred twelve of the state finance law or any other law to the contrary, fund procurements shall not...

Last modified: February 3, 2019