New York Public Authorities Code § 2508-B

Payments to the city
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* § 2508-b. Payments to the city. Notwithstanding any provision of\nlaw, the authority may with respect to any sports facility provide in\nany lease or sublease that rental payments to the authority made\npursuant to such lease or sublease shall include an amount which the\nauthority shall pay to the city which shall constitute a payment in lieu\nof taxes with respect to such sports facility.\n  * NB (Discontinued-Board of Directors never appointed)\n

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