N.Y. Executive Law 968 – Acceptance of monies
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§ 968. Acceptance of monies. The designated planning entity or entities may accept any grant or appropriation from federal, state and municipal sources and any gift for use to carry out the provisions of this article. An application from a designated planning entity or entities shall be eligible for assistance pursuant to sections nine hundred seventeen and nine hundred eighteen of this chapter for the development and implementation of the comprehensive management plan. The expenditure of such monies shall be consistent with the recommendation of the council and shall not exceed the grants, appropriations and gifts received by the designated planning entity or entities.
Terms Used In N.Y. Executive Law 968
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Council: shall mean the Long Island South Shore Estuary reserve council created by section nine hundred sixty-four of this article. See N.Y. Executive Law 962
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Plan: shall mean the comprehensive management plan created pursuant to section nine hundred sixty-six of this article. See N.Y. Executive Law 962