* § 917. New York City Industrial Development Agency. (a) Legislative\nintent. It is the policy and intent of the City of New York to promote\nthe economic welfare of its inhabitants and to actively promote,\nattract, encourage and develop economically sound commerce and industry\nthrough governmental action for the purpose of preventing unemployment\nand economic deterioration by the creation of a New York City Industrial\nDevelopment Agency. It is recognized that the viability and integrity of\nthe residential communities in New York City should be protected and\nmaintained so that no person be deprived of his place of residence by\nany condemnation for economic or industrial development undertaken\npursuant to this article.\n (b) For the purpose of this section "city" means the city of New York.\n (b-1) For the purposes of this section, "rail freight facility" shall\nmean, but shall not be limited to, railroad rights-of-way, beds,\nbridges, viaducts, tracks, switches and any other attendant structure,\nfacility, fixture or property necessary or appropriate for rail freight\ntransportation conducted in conjunction with industrial, commercial,\nmanufacturing, or warehousing operations solely for the purpose of\nproviding or improving freight rail service between an industrial or\ncommercial facility or group of such facilities in physical proximity to\none another and a main line railroad track, freight yard or other means\nof connection to main line railroad facilities; provided, however, that\n(i) with respect to any rail freight facility project the New York City\nIndustrial Development Agency shall be restricted solely to the\nprovision of financial assistance for such rail freight facility; (ii)\nthat the project may not include any main line track (except to the\nextent that the project may include replacement of the amount of main\nline track used for passenger and/or freight service required to provide\na suitable connection), any passenger facilities of any kind, or any\nrights-of-way, bridges or viaducts used for any purpose other than the\nrail transportation of freight from the industrial, commercial,\nmanufacturing or warehousing facility or facilities to be served by the\nrail service to the main line track or other freight facility, provided,\nhowever, that nothing herein shall prohibit the project from including\nbridges or viaducts with separate provision for pedestrian traffic when\nit is determined that a separate pedestrian walkway is necessary or\ndesirable for safety purposes; (iii) prior to undertaking the financing\nof any rail freight facility the New York City Industrial Development\nAgency shall submit a written description of such rail freight facility\nproject to the commissioner of transportation who shall, within thirty\ndays of receipt of such description, provide written comments on such\nproject to the New York City Industrial Development Agency; and (iv) the\nNew York City Industrial Development Agency shall not enter into any\ncontract for providing financial assistance to such rail freight\nfacility project until the earlier of either the date on which the New\nYork City Industrial Development Agency addresses the comments of the\ncommissioner of transportation to the satisfaction of such commissioner,\nor, if such commissioner has not submitted written comments, forty-five\ndays after the New York City Industrial Development Authority submitted\nthe written project description required by paragraph (iii) of this\nsubdivision.\n * (c) For the benefit of the city and the inhabitants thereof an\nindustrial development agency, to be known as the New York City\nIndustrial Development Agency, is hereby established for the\naccomplishment of any or all of the purposes specified in title one of\narticle eighteen-A of this chapter, except that it shall not have the\npower to construct or rehabilitate any residential facility or housing\nof any nature and kind whatsoever, nor shall it use any of
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