§ 469 — Annual report of trustees

New York § 469

• Jurisdiction: New York
• Law EDN: Education
• Title 1: General Provisions Article 1 Short Title and Definitions (§§
• Art. 10: New York City Educational Construction Fund

Text

§ 469. Annual report of trustees. The trustees of the fund shall\nsubmit to the mayor, the board of education and the city council of the\ncity of New York annually on or before February first, a full report of\nits activities and operations through the thirtieth day of the preceding\nJune, including: (1) details as to projects in planning, projects in\nthe process of construction, acquisition, reconstruction, rehabilitation\nor improvement, and projects completed; (2) the performance record of\nthe trustees in completing construction in accordance with the desired\ncompletion dates and within the estimated costs; (3) the architects,\nengineers and other private consultants engaged by the trustees of the\nfund on a contract basis and a statement of the total amount paid and\nyet to be paid, or estimated yet to be paid, under each such contract;\n(4) the moneys made available for the purposes of the fund; (5) details\nas to any lease, sublease or agreement executed by the trustees of the\nfund and the annual rentals to be paid or received on account thereof;\n(6) its assets and liabilities at the end of the fiscal year, including\nthe status of reserve funds and other funds and accounts; (7) a schedule\nof its bonds and notes outstanding at the end of its fiscal year,\ntogether with the amounts redeemed and incurred during such fiscal year,\nand such other information related to the activities and operation of\nthe fund as the trustees may consider pertinent.\n