New York Codes, Rules and Regulations
Title 21 - Miscellaneous
Chapter L - New York State Urban Development Corporation
Part 4212 - High-risk Targeted Investment Program
Section 4212.10 - Agreements in connection with commercial revitalization projects
Universal Citation: 21 NY Comp Codes Rules and Regs ยง 4212.10
Current through Register Vol. 46, No. 12, March 20, 2024
(a) Eligible recipients who receive program assistance in connection with commercial revitalization projects shall execute a project agreement with the corporation.
(b) Property owners and/or tenants who participate in commercial revitalization projects shall execute a grant and disbursement agreement (on terms acceptable by corporation) with the eligible recipient or the municipality if so designated by the eligible recipient, which shall outline the terms and conditions pursuant to which such grants are made.
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