§ 6233-A — Master capital plan

New York § 6233-A

• Jurisdiction: New York
• Law EDN: Education
• Title 7: State and City Colleges and Institutions-cornell University
• Art. 125: City University of New York

Text

§ 6233-a. Master capital plan. On or before November fifteenth of each\nyear, the trustees of the city university shall approve and submit to\nthe chairmen of the assembly ways and means committee and the senate\nfinance committee and to the director of the budget a master capital\nplan setting forth the projects proposed to be constructed,\nreconstructed, rehabilitated or otherwise substantially altered pursuant\nto appropriations enacted or to be enacted during the succeeding five\nyears. During the selection of projects for such plan, the trustees\nshall, where applicable, give due consideration to projects that support\nimprovements in environmental protection, energy and resource\nmanagement, solar energy and conservation with particular consideration\ngiven to a project's potential to generate cost savings over time. Such\nplan shall specify the name, location, estimated total cost at the time\nthe project is to be bid, the anticipated date or dates on which the\ndesign of such project is to commence, the proposed method of financing\nand the estimated economic life of each project. Such plan shall further\nspecify whether proposed projects constitute new construction,\nsubstantial rehabilitation, moderate rehabilitation or minor\nrehabilitation and shall indicate how projects support improvements in\nenvironmental protection, energy and resource management, solar energy\nand conservation. Such criteria for each method of financing shall\ninclude, but not be limited to: (i) an analysis of private enterprise,\nfederal and any other appropriate financing standards, (ii) the\nconsideration of the period of economic life of projects as related to\nthe method of financing, and (iii) project cost ranges for the methods\nof financing. Such plan specifications, categories or construction and\ncriteria for methods of financing shall be defined by the trustees, in\nconsultation with the city university construction fund.\n