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NY S08910
Bill
Status
8/12/2020
Primary Sponsor
Neil Breslin
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AI Summary
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Expands the definition of "project" for the Albany Parking Authority to include areas whose use is supported by parking operations and facilities that facilitate economic development with increased parking supply or demand.
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Allows Albany Parking Authority board members to receive compensation of up to $5,000 per member per year, eliminating the previous prohibition on compensation.
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Increases the maximum outstanding bond authorization for the Albany Parking Authority from $50 million to $75 million.
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Maintains all other existing provisions regarding the 5-member board structure, appointment process, and member expense reimbursement.
Legislative Description
Relates to facilities utilized by the Albany parking authority, compensation of board members of the Albany parking authority, and increases the amount of bonds of the Albany parking authority authorized to be outstanding.
Last Action
REFERRED TO RULES
8/12/2020