Bill Text: NY S01426 | 2019-2020 | General Assembly | Introduced
Bill Title: Relates to the management of the Roosevelt Island operating corporation.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2019-10-23 - approval memo.7 [S01426 Detail]
Download: New_York-2019-S01426-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 1426 2019-2020 Regular Sessions IN SENATE January 14, 2019 ___________ Introduced by Sen. SERRANO -- read twice and ordered printed, and when printed to be committed to the Committee on Corporations, Authorities and Commissions AN ACT to amend the public authorities law, in relation to the Roosevelt Island operating corporation; and to repeal chapter 899 of the laws of 1984 relating to the creation of a public benefit corporation to plan, develop, operate, maintain and manage Roosevelt Island The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Chapter 899 of the laws of 1984, relating to the creation 2 of a public benefit corporation to plan, develop, operate, maintain and 3 manage Roosevelt Island is REPEALED. 4 § 2. Article 8 of the public authorities law is amended by adding a 5 new title 35 to read as follows: 6 TITLE 35 7 ROOSEVELT ISLAND OPERATING CORPORATION 8 Section 2799-aaaa. Legislative declaration. 9 2799-bbbb. Definitions. 10 2799-cccc. Establishment of the corporation; organization of the 11 board. 12 2799-dddd. Powers of the corporation. 13 2799-eeee. Rules and regulations; approval of development plan 14 amendments; applicability of local laws. 15 2799-ffff. Powers and duties of urban development corporation; 16 lease and tramway franchise. 17 2799-gggg. Equal employment opportunities. 18 2799-hhhh. Indemnification; notice of claims. 19 2799-iiii. Annual budget and report. 20 2799-jjjj. Future management study. 21 2799-kkkk. Open space development prohibited. 22 2799-llll. Liability for community obligations; tax exemption. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD01915-01-9S. 1426 2 1 2799-mmmm. Division of housing and community renewal; assistance 2 and services. 3 2799-nnnn. Operation of motor vehicles. 4 2799-oooo. Not-for-profit grant distribution. 5 2799-pppp. Severability of provisions. 6 2799-qqqq. Transfer of funds. 7 § 2799-aaaa. Legislative declaration. The legislature hereby finds, 8 determines and declares that: (a) the city of New York and the New York 9 state urban development corporation have entered into a lease providing 10 for the urban development corporation to use its statutory powers to 11 create on Roosevelt Island a new community which would retain and 12 heighten the benefits of urban living while preserving a sense of scale 13 and open space for Roosevelt Island residents and New York city as a 14 whole; (b) the urban development corporation has and its successors have 15 constructed the first phases of the island's development, including 16 public facilities, pursuant to a general development plan for Roosevelt 17 Island, which plan is being updated and which plan contemplates signif- 18 icant future development, including the provision of additional housing, 19 commercial, civic, recreational and other facilities; (c) it is in the 20 public interest for the urban development corporation to transfer all of 21 its rights and obligations with respect to the development, operation 22 and supervision of both such existing and such proposed development to a 23 public benefit corporation which shall be under the supervision of the 24 commissioner of homes and community renewal; and (d) it is in the public 25 interest that the public benefit corporation plan, design, develop, 26 operate, maintain and manage Roosevelt Island and have vested in it such 27 powers as are necessary or convenient to effectuate those functions and 28 that the division of housing and community renewal be authorized to 29 assist such corporation in the performance of its duties with respect to 30 Roosevelt Island. 31 § 2799-bbbb. Definitions. As used in this title, the following terms 32 shall have the following meanings: 33 1. "City" shall mean the city of New York; 34 2. "Commissioner" shall mean the commissioner of homes and community 35 renewal; 36 3. "Corporation" shall mean the Roosevelt Island operating corporation 37 created by this section; 38 4. "Development subleases" shall mean (a) the sublease dated August 39 first, nineteen hundred eighty between the urban development corporation 40 and the city, (b) the ground lease, dated October thirtieth, nineteen 41 hundred seventy-two, between the urban development corporation and North 42 Town Phase II Houses, Inc., (c) the ground lease, dated April twenty- 43 fifth, nineteen hundred seventy-three, between the urban development 44 corporation and North Town Phase III Houses, Inc., (d) the restated 45 ground lease, dated November thirtieth, nineteen hundred seventy-seven, 46 between the urban development corporation and Rivercross Tenants' Corpo- 47 ration, (e) the ground lease between the corporation and Manhattan Park 48 dated August fourth, nineteen hundred eighty six, (f) the ground lease 49 between the corporation and related and Hudson Companies dated December 50 twenty-first, two thousand one, and (g) the sublease between the corpo- 51 ration and MEPT Octagon, LLC dated November third, two thousand four; 52 5. "Division" shall mean the New York state division of housing and 53 community renewal; 54 6. "Lease" shall mean the lease, dated December twenty-third, nineteen 55 hundred sixty-nine, as heretofore or hereafter amended, among the city 56 of New York, the New York state urban development corporation and theS. 1426 3 1 Roosevelt Island development corporation, pursuant to which the city 2 leased substantially all of Roosevelt Island to the New York state urban 3 development corporation for development substantially in accordance with 4 the development plan referred to therein; 5 7. "Roosevelt Island" shall mean the island located in the east river, 6 city and county of New York, extending from approximately fiftieth 7 street to eighty-sixth street in Manhattan; 8 8. "Safe affordable housing for everyone, inc." shall mean the New 9 York corporation organized under article six-A of the private housing 10 finance law and under the supervision and control of the commissioner; 11 9. "Tramway franchise" shall mean the franchise for the Roosevelt 12 Island tramway granted by the city to the urban development corporation 13 on February nineteenth, nineteen hundred seventy-four; and 14 10. "Urban development corporation" shall mean the New York state 15 urban development corporation and any successor agency. 16 § 2799-cccc. Establishment of the corporation; organization of the 17 board. 1. To effectuate the purposes and provisions of this title, there 18 is hereby created the "Roosevelt Island operating corporation", which 19 shall be a body corporate and politic constituting a public benefit 20 corporation and a political subdivision of the state of New York. 21 2. The board of directors of the corporation shall be composed of nine 22 members. One member shall be the commissioner, who shall serve as the 23 chair; one member shall be the director of the budget; and seven public 24 members shall be appointed by the governor with the advice and consent 25 of the senate. Of the seven public members, two members, one of whom 26 shall be a resident of Roosevelt Island, shall be appointed upon the 27 recommendation of the mayor of the city; and four additional members 28 shall be residents of Roosevelt Island. Each member shall serve for a 29 term of four years and until his or her successor shall have been 30 appointed and shall have qualified, except that the commissioner and the 31 director of the budget shall serve so long as they continue to hold 32 their respective offices. Any action taken by the directors of the 33 corporation shall be taken by majority vote of the directors then in 34 office. The elected public officials who represent Roosevelt Island 35 shall be representatives to the board of directors of the corporation 36 entitled to receive notice of and attend all meetings of such board but 37 shall not be entitled to vote. Failure to give such notice shall not 38 affect the validity of any action taken at a meeting of such board. 39 3. The governor may fill any vacancy which occurs on the board of 40 directors of the corporation in a manner consistent with the original 41 appointment. Any member of the corporation may be removed by the gover- 42 nor for cause, but not without an opportunity to be heard, in person or 43 by counsel, in his or her defense, upon not less than ten days' written 44 notice. 45 4. The commissioner and the director of the budget may each designate 46 an officer or employee of his or her respective division to represent 47 such member at meetings of the corporation. Such designation shall be by 48 written notice filed with the chair or the secretary of the corporation 49 by the member making the designation, and may be revoked at any time by 50 similar notice. Any representative so designated shall have the power to 51 attend and to vote at any meeting of the corporation from which the 52 member making the designation is absent with the same force and effect 53 as if the member making the designation were present and voting. No such 54 designation shall limit the right of the member making the designation 55 to attend and vote in person at any meeting of the corporation.S. 1426 4 1 5. A member of the corporation who is not an officer or employee of 2 the state or the city shall not receive a salary or other compensation, 3 but shall be entitled to reimbursement for actual and necessary expenses 4 incurred in the performance of official duties as a member. A member of 5 the corporation who is not an officer or employee of the state or the 6 city may engage in private employment, or in a profession or business, 7 unless otherwise prohibited by law from doing so. Notwithstanding any 8 other provision of law, general, special, or local, no officer or 9 employee of the state or any civil division thereof shall be deemed to 10 have forfeited, or shall forfeit such office of employment because of 11 acceptance of membership in the corporation, or by virtue of being an 12 officer, employee or agent thereof. 13 § 2799-dddd. Powers of the corporation. The corporation's powers shall 14 be limited to carrying out the development, management and operation of 15 Roosevelt Island. In carrying out such development, management and oper- 16 ation, the corporation shall have the power to: 17 1. Sue and be sued; 18 2. Have a seal and alter the same at pleasure; 19 3. Make and alter by-laws for its organization and internal management 20 and make rules and regulations governing the use of its property and 21 facilities; 22 4. Make and execute contracts and all other instruments necessary or 23 convenient for the exercise of its powers and functions under this act; 24 5. Acquire in the name of the corporation by purchase, grant or gift, 25 or by the exercise of the power of eminent domain pursuant to the 26 eminent domain procedure law, or otherwise, real or personal property, 27 or any interest therein deemed necessary or desirable for the develop- 28 ment, management or operation of Roosevelt Island, including, without 29 limitation, leasehold interest, air and subsurface rights, easements and 30 lands under water at the site of Roosevelt Island or in the general 31 vicinity thereof, and to subject such property or interest therein to a 32 purchase money or other lien or security interest in connection with the 33 acquisition and development thereof, provided that the corporation shall 34 have no authority or power to issue any notes, bonds or other debt obli- 35 gations, whether for the purpose of financing the development of Roose- 36 velt Island or otherwise; 37 6. Hold and dispose of real or personal property for its corporate 38 purposes; 39 7. Appoint officers, agents and employees, prescribe their duties and 40 fix their compensation in accordance with a staffing and compensation 41 plan submitted to and approved by the director of the budget; 42 8. Engage the services of private consultants on a contract basis for 43 rendering professional and technical assistance advice; 44 9. Procure insurance against any loss in connection with its activ- 45 ities, properties and other assets, in such amount and from such insur- 46 ers as it deems desirable; 47 10. Charge and collect fees, rents and other charges for the occupancy 48 or other use of real or personal property or facilities owned, operated, 49 managed or regulated by the corporation; 50 11. Accept any gifts or grants of money or property, or financial or 51 other aid in any form, from the federal government, the state, or the 52 city (or any instrumentality of any such government) or from any other 53 source and, subject to the provisions of this title and other applicable 54 law, to comply with any conditions of such assistance and execute any 55 contracts or other instruments in connection therewith;S. 1426 5 1 12. Invest any funds of the corporation, or any other monies under its 2 custody and control not required for immediate use or disbursement, at 3 the discretion of the corporation, in obligations of the state or the 4 United States government or obligations the principal and interest of 5 which are guaranteed by the state or the United States government, or in 6 any other obligations in which the comptroller of the state is author- 7 ized to invest pursuant to section ninety-eight of the state finance 8 law; 9 13. Enter into such agreements with the state, the urban development 10 corporation and the city as the parties thereto deem appropriate to 11 effectuate the provisions of this title; 12 14. Assume and perform the obligations and responsibilities of the 13 urban development corporation under the lease, the tramway franchise, 14 and all other contracts, leases, and agreements heretofore entered into 15 by the urban development corporation relating to the development, 16 management and operation of Roosevelt Island (except that the corpo- 17 ration shall not assume any of the rights, duties and responsibilities 18 of the urban development corporation in relation to any bonds or notes 19 issued, or mortgages or security agreements held, by the urban develop- 20 ment corporation or any of its subsidiaries) and exercise all of the 21 rights of the urban development corporation with respect thereto; and 22 15. Do and perform all other acts necessary or convenient to carry out 23 the foregoing in connection with the development, management or opera- 24 tion of Roosevelt Island. 25 § 2799-eeee. Rules and regulations; approval of development plan 26 amendments; applicability of local laws. 1. The corporation shall 27 promulgate such rules and regulations as it shall deem appropriate to 28 provide an opportunity for residents of Roosevelt Island to comment upon 29 any major amendment of the development plan for Roosevelt Island 30 referred to in the lease at a public hearing held prior to its adoption 31 by the corporation. 32 2. Any amendment of the development plan for Roosevelt Island referred 33 to in the lease shall be subject to the review and approval of the 34 director of the budget, and the corporation shall not enter into any 35 agreement for the design or construction of any improvement provided for 36 in any such amendment prior to such approval. 37 3. The requirements of all local laws, ordinances, codes, charters or 38 regulations shall be applicable to the construction, alteration or 39 improvement of any building or structure on Roosevelt Island, provided 40 that the corporation may, in lieu of such compliance, determine that the 41 requirements of the New York state uniform fire prevention and building 42 code, formulated by the state fire prevention and building code council 43 pursuant to article eighteen of the executive law, shall be applicable 44 to such work. In the event of such compliance with the New York state 45 uniform fire prevention and building code, the city shall have no power 46 to modify any drawings, plans or specifications for such work or for the 47 plumbing, heating, lighting or other mechanical branches thereof, or to 48 require that any person, firm or corporation employed on any such work 49 perform the same except as provided by such plans and specifications or 50 obtain any additional authority, approval, permit or certificate from 51 the city in connection therewith. 52 § 2799-ffff. Powers and duties of urban development corporation; lease 53 and tramway franchise. 1. The corporation shall perform all obligations 54 of the urban development corporation or any of its subsidiaries with 55 respect to the development, management and operation of RooseveltS. 1426 6 1 Island, including, without limitation, all such obligations arising 2 under the lease and the tramway franchise. 3 2. The urban development corporation, the division and the corporation 4 shall each use their best efforts to obtain any required consents to the 5 assignment of the lease and the tramway franchise from the urban devel- 6 opment corporation to the corporation and to any other assumption by the 7 corporation of the obligations of the urban development corporation or 8 any of its subsidiaries under any other contracts, leases, agreements or 9 instruments entered into by the urban development corporation, or any 10 such subsidiary, relating to the development, management or operation of 11 Roosevelt Island (other than any bonds or notes issued, or mortgages or 12 security agreements held, by the urban development corporation or any of 13 its subsidiaries) and, upon obtaining such consents, the corporation and 14 the urban development corporation shall enter into such agreements and 15 take such actions as shall be necessary to effectuate such assignments 16 and assumptions, provided that in order to permit the urban development 17 corporation to recover the investment which it has heretofore made in 18 the development of Roosevelt Island, such agreements shall provide 19 appropriate assurances satisfactory to the urban development corporation 20 (a) for the prompt payment directly to the urban development corporation 21 of all sums from time to time due from lessees under the development 22 subleases and all sums received by the corporation from the city in 23 connection with the termination of the lease, and (b) for the amending 24 or supplementing of the development subleases to the extent, if any, 25 necessary to protect the rights of the holders of any mortgages on the 26 leasehold interests created thereunder. Nothing in this title shall 27 constitute or authorize an assignment by the urban development corpo- 28 ration, or any subsidiary thereof, of any mortgage or security interest 29 held by the urban development corporation, or any such subsidiary, on 30 any real or personal property or interest therein on Roosevelt Island or 31 any rights or obligations of the urban development corporation, or any 32 such subsidiary, arising under any such mortgage or security agreement, 33 relieve the urban development corporation of any of its obligations 34 under any bonds heretofore issued by the urban development corporation, 35 or otherwise affect the interests of the holders of any such bonds. 36 3. All revenues, other than state appropriations, derived from the 37 contracts, leases, agreements or instruments assigned to or assumed by 38 the corporation pursuant to subdivision two of this section shall be 39 applied first to the payment of those obligations assigned to or assumed 40 by the corporation. 41 4. The urban development corporation and the corporation are hereby 42 authorized to enter into such agreements with the city as the corpo- 43 ration shall determine to be appropriate to amend, reform or supplement 44 the lease, including the development plan referred to therein, and the 45 tramway franchise in order to carry out the purposes of this title. The 46 provisions of any general, special or local law notwithstanding, the 47 city is hereby authorized to enter into any such agreements with the 48 corporation and the urban development corporation. 49 § 2799-gggg. Equal employment opportunities. 1. The corporation shall 50 not discriminate against employees or applicants for employment because 51 of race, creed, color, national origin, sex, sexual orientation, age, 52 disability or marital status, and will undertake or continue programs of 53 affirmative action to ensure that minority group persons and women are 54 afforded equal employment opportunity without discrimination. Such 55 action shall be taken with reference, but not be limited, to recruit- 56 ment, employment, job assignment, promotion, upgrading, demotion, trans-S. 1426 7 1 fer, layoff, termination, rate of pay or other forms of compensation, 2 and selections for training or retraining, including apprenticeship and 3 on-the-job training. 4 2. The corporation shall request each employment agency, labor union, 5 or authorized representative of workers with which it has a collective 6 bargaining or other agreement or understanding, to furnish a written 7 statement that such employment agency, labor union or representative 8 shall not discriminate because of race, creed, color, national origin, 9 sex, sexual orientation, age, disability or marital status and that such 10 union or representative will cooperate in the implementation of the 11 corporation's obligations hereunder. 12 3. The corporation shall state, in all solicitations or advertisements 13 for employees placed by or on behalf of the corporation, that all quali- 14 fied applicants will be afforded equal employment opportunity without 15 discrimination because of race, creed, color, national origin, sex, 16 sexual orientation, age, disability or marital status. 17 4. The corporation shall seek meaningful participation by minority 18 business enterprises in the programs of the corporation and shall 19 actively and affirmatively promote and assist their participation in the 20 corporation's programs, so as to facilitate the award of a fair share of 21 contracts to such enterprises. For purposes hereof, "minority business 22 enterprise" shall mean any business enterprise which is at least fifty- 23 one per centum owned by, or in the case of publicly owned business, at 24 least fifty-one per centum of the stock of which is owned by, citizens 25 or permanent resident aliens who are Black, Hispanic, Asian, American 26 Indian or women, and such ownership interest is real, substantial and 27 continuing. 28 § 2799-hhhh. Indemnification; notice of claims. 1. The state shall 29 indemnify and hold harmless the corporation, urban development corpo- 30 ration and safe affordable housing for everyone, inc., and pursuant to 31 section seventeen of the public officers law, their respective officers, 32 directors and employees, from and against any and all liability, claim, 33 loss, damage, suit or judgment and any and all costs and expenses 34 including, but not limited to, counsel fees and disbursements that such 35 corporations or their officers, directors or employees may suffer or 36 incur, whether before or after the date hereof, as a result of either 37 (a) the development, management or operation of Roosevelt Island or (b) 38 the performance or non-performance by the division of any of its obli- 39 gations or duties with respect to Roosevelt Island. All of the 40 provisions of section seventeen of the public officers law which are not 41 inconsistent with this section shall apply to the officers, directors, 42 and employees of such corporations, including the provisions relating to 43 the defense by the attorney general or private counsel of any civil 44 action and the payment of legal costs incurred in connection with the 45 defense of any such action. Any member, officer or employee of such 46 corporations seeking to be saved harmless or indemnified or to claim any 47 other benefits available pursuant to this section or section seventeen 48 of the public officers law shall comply with the procedural requirements 49 of such section seventeen. As used in this section the terms "member", 50 "officer" and "employee" shall include a former member, officer or 51 employee, his estate or judicially appointed personal representative. 52 2. A notice of claim, served in accordance with the provisions of 53 section fifty-e of the general municipal law, shall be a condition 54 precedent to the commencement of an action against the corporation, its 55 officers, directors and employees. No such action shall be commenced 56 more than one year after it has accrued, except that an action againstS. 1426 8 1 the corporation for wrongful death shall be commenced within the notice 2 of claim and time limitation provisions of title eleven of article nine 3 of this chapter. 4 3. Notwithstanding the provisions of section one hundred thirteen of 5 the retirement and social security law and any other general, special or 6 local law, the Roosevelt Island operating corporation shall provide to 7 persons employed by the Roosevelt Island operating corporation any 8 retirement, disability, death or other benefits provided or required 9 pursuant to any agreement with a labor union of which its employees are 10 members, and the Roosevelt Island operating corporation is hereby 11 authorized to retroactively or in the future make such contributions as 12 may be necessary to provide such benefits. 13 4. For purposes of the retirement and social security law, persons 14 employed by the Roosevelt Island operating corporation and to whom the 15 Roosevelt Island operating corporation provides any retirement, disabil- 16 ity, death and other benefits required pursuant to any agreement with a 17 labor union of which its employees are members, shall be deemed not to 18 be employees of the Roosevelt Island operating corporation. Such other 19 persons who are employees of the Roosevelt Island operating corporation 20 as of the effective date of this title shall be eligible to receive 21 credit under the retirement and social security law for previous service 22 with the entities, or where applicable, their subsidiaries, made subject 23 to section seventeen of the public officers law by subdivision one of 24 this section. 25 § 2799-iiii. Annual budget and report. 1. On or before September 26 fifteenth, nineteen hundred eighty-four and on each September fifteenth 27 thereafter, the chair of the corporation shall make and deliver to the 28 director of the budget for his or her review a proposed budget for the 29 operation of the corporation for the next fiscal year of the state. The 30 chair of the corporation shall also deliver a copy of such budget to the 31 chair of the senate finance committee and the chair of the assembly ways 32 and means committee at the same time that the budget is delivered to the 33 director of the budget. The budget shall include the total amount needed 34 for corporate purposes, including the funds required by the corporation 35 for operation of Roosevelt Island facilities and improvements, the 36 source of all funds that the corporation expects to receive and such 37 other information as the director of the budget shall require. The 38 governor shall recommend in his or her annual budget such appropriations 39 to the corporation for its operations as he or she deems necessary. 40 2. The corporation shall submit to the director of the budget, chair 41 of the senate finance committee and the chair of the assembly ways and 42 means committee, within ninety days after the end of its fiscal year, a 43 complete and detailed report setting forth (a) its operations and accom- 44 plishments, and (b) its receipts and expenditures during such fiscal 45 year in accordance with categories and classifications established by 46 the corporation, with the approval of the director of the budget, for 47 its operating and capital outlay purposes. 48 § 2799-jjjj. Future management study. The corporation shall study the 49 future operation and management of Roosevelt Island. Such study shall be 50 completed by December thirty-first, nineteen hundred eighty-five. 51 § 2799-kkkk. Open space development prohibited. Notwithstanding any 52 other provision of this title, or any other law to the contrary, on or 53 after the effective date of this section, no further development or 54 construction for other than park purposes shall be permitted on any real 55 property which is identified as open space areas in the general develop- 56 ment plan as amended May tenth, nineteen hundred ninety, and as subse-S. 1426 9 1 quently amended, and approved by the board of estimate of the city of 2 New York on August seventeenth, nineteen hundred ninety and referred to 3 in the lease defined in subdivision six of section twenty-seven hundred 4 ninety-nine-bbbb of this title, and on such real property shall remain 5 open space areas for the duration of the lease unless such development 6 or construction includes the reconstruction, restoration, rehabilitation 7 or preservation of the historic landmarks located in such open space 8 areas and furthers the use of the areas surrounding the historic land- 9 marks as open space areas. Open space areas, as used in this section 10 shall be limited to Lighthouse Park, Octagon Park, Blackwell Park, and 11 South Point Park. 12 § 2799-llll. Liability for community obligations; tax exemption. 1. 13 The obligations of the corporation shall not be debts of the state, and 14 the state shall not be liable thereon, and such obligations shall not be 15 payable out of any funds other than those of the corporation. 16 2. It is hereby found, determined and declared that the creation of 17 the corporation and the carrying out of its purposes is in all respects 18 for the benefit of the people of the state and is a public purpose, and 19 that the corporation will be performing an essential governmental func- 20 tion in the exercise of the powers conferred upon it by this title. The 21 corporation and its operations, property and moneys shall be free and 22 exempt from taxation of every kind by the city and the state and any 23 subdivision thereof. Except as hereinabove provided and except as may 24 otherwise specifically be provided, nothing contained in this act shall 25 confer exemption from any tax, assessment or fee upon any person, firm, 26 corporation or other entity, or upon the obligations of any of them. 27 § 2799-mmmm. Division of housing and community renewal; assistance and 28 services. The corporation may from time to time request the division to 29 perform such services and render such technical assistance to the corpo- 30 ration with respect to the development, management or operation of 31 Roosevelt Island as the corporation deems necessary or convenient and 32 may provide for the reimbursement to the division by the corporation of 33 the reasonable cost of such services. The division is hereby authorized 34 to perform such services and render such technical assistance as may be 35 agreed upon between the division and the corporation pursuant to this 36 section. In addition, the commissioner is hereby authorized to represent 37 the corporation in any negotiations with the city concerning amendments 38 or supplements to or reformations of the lease and tramway franchise as 39 contemplated by section twenty-seven hundred ninety-nine-ffff of this 40 title. 41 § 2799-nnnn. Operation of motor vehicles. In addition to any other 42 power conferred upon it by this title, the corporation is hereby author- 43 ized to prescribe rules and regulations governing the operation, includ- 44 ing the parking, standing or stopping of vehicles on Roosevelt Island; 45 provided however, that such rules and regulations shall not restrict 46 access to any city facilities situated on Roosevelt Island nor unreason- 47 ably restrict parking by city of New York employees, their visitors and 48 invitees. The violation of such rules or regulations shall be an offense 49 punishable upon a first conviction thereof by a fine of not more than 50 fifty dollars, upon a second within a period of eighteen months by a 51 fine of not more than one hundred fifty dollars, and upon a third or 52 subsequent conviction thereof within a period of eighteen months by a 53 fine of not more than one hundred fifty dollars. For purposes of 54 enforcement and administration of such rules and regulations, including 55 but not limited to conferring jurisdiction with respect thereto upon the 56 applicable courts and administrative tribunals, all provisions of lawS. 1426 10 1 relating to, and rules or regulations of, the New York city department 2 of transportation not inconsistent with this title shall be applicable. 3 § 2799-oooo. Not-for-profit grant distribution. 1. The corporation is 4 authorized to provide financial assistance in the form of grants to 5 not-for-profit corporations that provide direct services or benefits to 6 the residents of Roosevelt Island, the totality of such grants not to 7 exceed three per centum per annum of the operating budget of the corpo- 8 ration, and upon the approval of a majority of the entire board of the 9 corporation. 10 2. Annually, within ninety days after the end of the fiscal year of 11 the corporation, the corporation shall post a report on its website that 12 shall list and identify each grant recipient in such fiscal year, the 13 amount provided to each recipient, and a general description of the 14 public benefit of each grant. 15 § 2799-pppp. Severability of provisions. If any section, clause or 16 provision of this title or the application thereof shall be adjudged 17 invalid, such judgment shall not affect or invalidate any other section, 18 clause or provision of this title. 19 § 2799-qqqq. Transfer of funds. 1. Notwithstanding the provisions of 20 any general or special law, the director of the budget is authorized to 21 transfer to the corporation from funds appropriated to the division for 22 the fiscal year beginning April first, nineteen hundred eighty-four, the 23 amount he or she determines necessary to carry out the provisions of 24 this title, including providing for Roosevelt Island operations, capital 25 improvement program and any other appropriate management expenses. 26 2. Notwithstanding the provisions of any general or special law, no 27 part of such appropriations shall be available for the purposes desig- 28 nated until a certificate of approval of availability shall have been 29 issued by the director of the budget and a copy of such certificate is 30 filed with the state comptroller, the chair of the senate finance 31 committee and the chair of the assembly ways and means committee. Such 32 certificate may be amended from time to time, subject to the approval of 33 the director of the budget, and a copy of each such amendment shall be 34 filed with the state comptroller, the chair of the senate finance 35 committee and the chair of the assembly ways and means committee. 36 § 3. This act shall take effect immediately.