§ 1269-b. Capital program plans; approvals; effect of disapproval. 1.\n(a) On or before October first, nineteen hundred eighty-one, and on or\nbefore October first of every fifth year thereafter, through and\nincluding October first, nineteen hundred ninety-one, the authority\nshall submit to the metropolitan transportation authority capital\nprogram review board two capital program plans for the five year period\ncommencing January first of the following year;\n (b) not later than ten days after the effective date of this paragraph\nthe authority shall submit to the metropolitan transportation authority\ncapital program review board two capital program plans for the five-year\nperiod commencing January first, nineteen hundred ninety-five; and\n (c) on or before October first, nineteen hundred ninety-nine and every\nfifth year thereafter, the authority shall submit to the metropolitan\ntransportation authority capital program review board two capital\nprogram plans for the five-year period commencing January first of the\nfollowing year.\n For each of the periods described above, one such plan shall contain\nthe capital program for the transit facilities operated by the New York\ncity transit authority and its subsidiaries and for the Staten Island\nrapid transit operating authority; the other such plan shall contain the\ncapital program for the railroad facilities, not including the Staten\nIsland rapid transit operating authority, under the jurisdiction of the\nauthority.\n Each plan shall set system-wide goals and objectives for capital\nspending, establish standards for service and operations, and describe\neach capital element proposed to be initiated in each of the years\ncovered by the plan and explain how each proposed element supports the\nachievement of the service and operational standards established in the\nplan. Each plan shall also set forth an estimate of the amount of\ncapital funding required each year and the expected sources of such\nfunding. Each plan subsequent to the first such plan and each proposed\namendment or modification thereof shall also describe the current status\nof each capital element included in the previously approved plan, if\nany. Each plan shall be accompanied or supplemented by such supporting\nmaterials as the metropolitan transportation authority capital program\nreview board shall require.\n A capital element shall mean either a category of expenditure itemized\nin a plan, as hereinafter provided, for which a specified maximum dollar\namount is proposed to be expended, or a particularly described capital\nproject within one or more categories for which no maximum expenditure\nis proposed, but for which an estimate of expected cost is provided. A\ncapital element shall be deemed to have been initiated for purposes of\nthis section if in connection with such element the authority shall\ncertify that (i) purchase or construction contracts have been entered\ninto, obligating in the aggregate an amount exceeding ten percent of the\nmaximum or estimated cost of the element as set forth in a plan, (ii)\nfinancing specific to the project has been undertaken, or (iii) in a\ncase where such element is limited to design or engineering, a contract\ntherefor has been entered into.\n 2. Each plan shall itemize the capital elements included in each\nsection of the plan under the following categories of expenditure: (a)\nrolling stock and buses; (b) passenger stations; (c) track; (d) line\nequipment; (e) line structures; (f) signals and communications; (g)\npower equipment, emergency power equipment and substations; (h) shops,\nyards, maintenance facilities, depots and terminals; (i) service\nvehicles; (j) security systems; (k) electrification extensions; and (l)\nunspecified, miscellaneous and emergency.\n 2-a. (a) A copy of any proposed capital program plan that has been\ndistributed to one or more committees of the authority shall be\nsimultaneously provided, for informational purposes, t
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