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New York Codes Rules Regulations (Last Updated: March 27,2024) |
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TITLE 9. Executive Department |
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Subtitle S. Division of Housing and Community Renewal |
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Chapter V. Urban Renewal |
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Subchapter A. Urban Renewal Assistance Program |
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Part 1803. Eligibility for and Requisitioning of State Urban Renewal Assistance Funds |
Sec. 1803.8. Approval and audit of program costs
Latest version.
- (a) The net cost of the program shall be certified by the municipality, or by the Municipal Urban Renewal Agency, as the case may be, to, and shall be subject to audit and approval of, the commissioner.(b) The cost of the community renewal or concentrated code enforcement program shall be certified by the municipality, or by the Municipal Urban Renewal Agency, as the case may be, to, and shall be subject to audit and approval of, the commissioner.(c) Any financial assistance furnished under either subdivisions (a) or (b) of this section in excess of statutory limitations, the pertinent contract or these regulations shall, as soon as the amount is finally determined by the commissioner, be returned to the State immediately upon notification to the municipality, or Municipal Urban Renewal Agency, as the case may be, of the determination.