§ 859-a. Additional prerequisites to the provisions of financial\nassistance. Prior to providing any financial assistance of more than one\nhundred thousand dollars to any project, the agency must comply with the\nfollowing prerequisites:\n 1. The agency must adopt a resolution describing the project and the\nfinancial assistance that the agency is contemplating with respect to\nsuch project. Such assistance shall be consistent with the uniform tax\nexemption policy adopted by the agency pursuant to subdivision four of\nsection eight hundred seventy-four of this chapter, unless the agency\nhas followed the procedures for deviation from such policy specified in\nparagraph (b) of such subdivision.\n 1-a. The agency shall deliver a copy of the resolution adopted\npursuant to subdivision one of this section by certified mail, return\nreceipt requested or an electronic correspondence with a read-receipt,\nto the chief executive officer of each affected local taxing\njurisdiction. When the affected local taxing jurisdiction is a school\ndistrict, the agency shall deliver a copy of such resolution by\ncertified mail, return receipt requested or an electronic correspondence\nwith a read-receipt, to the district clerk and district superintendent\nof each affected school district.\n 2. The agency must hold a public hearing with respect to the project\nand the proposed financial assistance being contemplated by the agency.\nSaid public hearing shall be held in a city, town or village where the\nproject proposes to locate. At said public hearing, interested parties\nshall be provided reasonable opportunity, both orally and in writing, to\npresent their views with respect to the project.\n 3. The agency must give at least ten days published notice of said\npublic hearing and shall, at the same time, provide notice of such\nhearing to the chief executive officer of each affected tax jurisdiction\nwithin which the project is located. The notice of hearing must state\nthe time and place of the hearing, contain a general, functional\ndescription of the project, describe the prospective location of the\nproject, identify the initial owner, operator or manager of the project\nand generally describe the financial assistance contemplated by the\nagency with respect to the project.\n 4. Each agency shall develop a standard application form, which shall\nbe used by the agency to accept requests for financial assistance from\nall individuals, firms, companies, developers or other entities or\norganizations. The standard application form shall be submitted by or on\nbehalf of the applicant, and subscribed and affirmed under the penalties\nof perjury by the applicant, or on behalf of the applicant by the chief\nexecutive officer or such other individual that is duly authorized to\nbind the applicant, as true, accurate and complete to the best of his or\nher knowledge. The standard application form shall include the\nfollowing, and may include such other supplemental information as\ndetermined to be necessary and appropriate by the agency, including\nsupporting documents and information provided by or on behalf of the\napplicant:\n (a) the name and address of the project applicant;\n (b) a description of the proposed project for which financial\nassistance is requested, including the type of project, proposed\nlocation and purpose of the project;\n (c) the amount and type of financial assistance being requested,\nincluding the estimated value of each type of tax exemption sought to be\nclaimed by reason of agency involvement in the project;\n (d) a statement that there is a likelihood that the project would not\nbe undertaken but for the financial assistance provided by the agency\nor, if the project could be undertaken without financial assistance\nprovided by the agency, a statement indicating why the project should be\nundertaken by the agency;\n (e) an estimate of capital costs of the project, including all costs\nof real property and equi
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