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Current as of January 01, 2026 | Updated by Findlaw Staff
The amounts paid to the city for purposes set forth in subparagraph (b) of section three thousand thirty-seven of this title, in addition to all other authorized amounts, shall include amounts required by the city (i) to fund eight hundred sixty-five million dollars of capital commitments to the New York city transit authority in accordance with the following schedule for the fiscal years ending on June thirtieth in the following years: nineteen hundred ninety, seventy million dollars; nineteen hundred ninety-one, seventy million dollars; nineteen hundred ninety-two, seventy-five million dollars; nineteen hundred ninety-three, one hundred million dollars; nineteen hundred ninety-four, one hundred ten million dollars; and nineteen hundred ninety-five, four hundred forty million dollars; and (ii) to fund six hundred million dollars of capital commitments to the New York city school construction authority in eight equal annual installments of seventy-five million dollars beginning in the fiscal year ending on June thirtieth, nineteen hundred ninety. All such amounts shall be paid by the corporation to the city in accordance with the provisions of paragraph (d) of subdivision three of section three thousand thirty-three of this title.
Cite this article: FindLaw.com - New York Consolidated Laws, Public Authorities Law - PBA § 3037-a. Funding capital projects - last updated January 01, 2026 | https://codes.findlaw.com/ny/public-authorities-law/pba-sect-3037-a/
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