Public Authorities Control Board
All resolutions available below for viewing and duplication were, pursuant to Sections 50 and 51 of the Public Authorities Law, duly approved and enacted by the Public Authorities Control Board (PACB) at the Board’s May 17, 2017 meeting. These resolutions are true and correct copies of the approved enacted resolutions and the signatures appearing thereon are hereby certified to be those of the board’s members and/or the member’s legally designated representatives. The Secretary of the PACB maintains custody of all original approved enacted resolutions. As necessary, the PACB Secretary shall make available to any interested parties, affidavits certifying the authenticity of reproduced PACB resolutions retrieved from this website location.
Public Authorities Control Board Officers
Elyse Young, Secretary
Darby Putnam, Assistant Secretary
Tyler Hoerz, Assistant Secretary
The PACB Meeting scheduled for Wednesday, June 21, 2017 has been postponed until a later date. Regular and special meetings will be announced in advance on this site.
Next Meeting Agenda
Next regular meeting agenda will be available one week before the meeting.
NOTE: Projects may be added, amended or withdrawn prior to meeting.
In accordance with Governor Eliot Spitzer’s Executive Order No. 3, this PACB meeting will be webcast in real time and/or available as an on-demand webcast for up to 30 days after the meeting.
Links to the live meeting webcast will be placed on this website one hour before meeting is scheduled to begin.
To view the May 17, 2017 meeting on-demand webcast, click the link below:
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Note: Approved Resolutions are in PDF format.
May 17, 2017 Meeting
May 17, 2017 Agenda (PDF)
- Appointment of an Assistant Secretary for the Public Authorities Control Board, effective immediately.
Empire State Development Corporation
Grants and Loans
- Approving grants via the Upstate Revitalization Initiative for Anchor Glass Container Equipment Capital (Chemung County).
- Approving grants via the State and Municipal Facilities Program for BNYM Capital (New York County).
- Approving grants via the Buffalo Regional Innovation Cluster for National Comedy Center Capital (Chautauqua County).
- Approving grants via the Regional Economic Development Councils for City of Canandaigua Lakefront Capital (Ontario County), Excelsior Growth Fund Capital (Erie, Niagara, Allegany, Cattaraugus and Chautauqua Counties), High Tech Rochester Business Accelerator Capital II, III, IV (Monroe County), Hofstra University Community Education Workforce and Leadership Training Center Capital (Nassau County), Hofstra University STEM Center (Nassau County), Micro-Enterprise Assistance Capital (Niagara County), Morgan-LeChase Canandaigua Lakefront Capital (Ontario County), Roberts Wesleyan College Capital III (Monroe County) and University Preparatory Charter School Capital (Monroe County).
- Approving grants via the Empire State Economic Development Fund for Active Media Services Capital (Rockland County), BNYM Capital (New York County), Schreiber Family Properties Capital (Monroe County), Sodexo, Inc. Capital (Erie County) and Long Life Dairy II Capital (Onondaga County).
- Approving grants via Chautauqua and Erie County High Technology for Athenex Capital (Chautauqua County).
- Approving grants via Market New York for Ace of Diamonds Tourism Enhancement Capital (Herkimer County).
- Amending PACB Resolution No. 17-UD-1539 previously approved on February 3, 2017 for the New York Broadband Capital Program in order to clarify project locations.
- Moynihan Station Penn Station - Farley Complex - Moynihan Station Civic and Land Use Improvement Project (New York County).
- A loan to finance the acquisition and installation of equipment for the White Plains Hospital Medical Center Westchester, via the Tax-Exempt Equipment Leasing
Program I (Westchester County).
- Amending PACB Resolution No. 17-DA-1244 previously approved on March 16, 2017 for United Cerebral Palsy Associations of New York State, Inc. to change the maximum maturity from 30 years to 33 years.
- Issuance of fixed rate tax-exempt and/or taxable bonds under the New York State Personal Income Tax Revenue Bond Program/Sales Tax Revenue Bond Program.
Environmental Facilities Corporation
- Approving State Clean Water Revolving Fund – Direct Financing Projects for the Village of Corinth (Saratoga County) and Town of Verona (Oneida County).
- Approving State Drinking Water Revolving Fund – Market-Rate Financing Projects for the Village of Delhi (Delaware County) and Town of Champlain (Clinton County).
Maturity Extension and/or Financing Modification
- Amending PACB Resolution No. 16-EF-701 previously approved on October 19, 2016 for the Clean Water State Revolving Fund in order to further extend the maturity of the financing to the Village of Valatie (Columbia County).
- Amending PACB Resolution No. 15-EF-648 previously approved on May 20, 2015 for the Clean Water State Revolving Fund (Storm Mitigation Loan Program) in order to expand the scope of the project and modify the authorized financing amount to the Village of Woodridge (Sullivan County).
- Amending PACB Resolution No. 15-EF-655 previously approved on June 24, 2015 for the Drinking Water State Revolving Fund in order to modify the authorized financing amount to the Village of Ocean Beach (Suffolk County).
Housing Finance Agency
Affordable Housing Bonds
- Issuance of tax-exempt and/or taxable, fixed-rate bonds on behalf of Meadows at Middle Settlement Phase 1 for the redevelopment of dilapidated and flood-damaged senior Mitchell-Lama rental housing with the new construction of 93 units, located in the Town of New Hartford (Oneida County).
- Issuance of tax-exempt and/or taxable, fixed-rate bonds on behalf of La Central Supportive to finance the new construction of 161 units of rental housing, in Bronx County.
NOTE: Current resolutions and agenda will remain online until the date of the next regularly scheduled PACB meeting. The date of the next meeting may be found by clicking on the agenda above. To receive copies of resolutions and/or agendas from previous meetings, please contact the Division of the Budget at 518-473-1799.