§ 87-g. Advances to the urban development corporation. 1. The state\ninsurance fund, and all state officers with responsibility for the\ncustody or investment of such fund or of its assets, are authorized and\ndirected to take any and all actions necessary or appropriate to cause\nsuch fund to advance thirty million dollars to the urban development\ncorporation as soon as possible, but in no event later than March\nthirty-first, nineteen hundred ninety-one, in return for repayment of\nthe aforesaid advance to the state insurance fund over a maximum of\nthirty years with interest from the date of advance at the rate of ten\nper centum per annum calculated quarterly using actual days and payable\nquarterly; said payment with accrued interest to be derived solely and\nexclusively from moneys pledged to be repaid by the urban development\ncorporation to the state of New York out of payments on loans or leases\nwhich the urban development corporation has made or will make pursuant\nto appropriations and reappropriations through fiscal year nineteen\nhundred eighty-nine--ninety and any subsequent reappropriations thereof\nunder the following legislative initiatives and any amendments thereof,\nexcluding, however, any moneys appropriated for the minority and women\nrevolving loan fund and the Buffalo minority and women enterprise\ncenter:\nEconomic Development Purpose:\n Chapter 776, section 3, of the laws of 1978, as amended by chapter 54,\nsection 3, of the laws of 1988 and reappropriated by chapter 54, section\n3, of the laws of 1989 ($30,000,000); chapter 54, section 1, of the laws\nof 1978, as amended by chapter 54, section 3, of the laws of 1988 and\nreappropriated by chapter 54, section 3, of the laws of 1989\n($24,000,000).\nHigh Risk Targeted Investment Purpose:\n Chapter 54, section 1, of the laws of 1989, as amended by chapter 361,\nsection 1, of the laws of 1989 ($4,150,000); chapter 54, section 1, of\nthe laws of 1988, as amended by chapter 391, section 2 of the laws of\n1989 ($7,500,000); chapter 54, section 1, of the laws of 1987, as\namended by chapter 391, section 2, of the laws of 1989 ($7,000,000);\nchapter 54, section 1, of the laws of 1986, as amended by chapter 391,\nsection 2, of the laws of 1989 ($7,000,000); chapter 54, section 1, of\nthe laws of 1985, as amended by chapter 54, section 3, of the laws of\n1988 and reappropriated by chapter 54, section 3, of the laws of 1989\n($9,500,000); chapter 54, section 1, of the laws of 1984, as amended by\nchapter 54, section 3, of the laws of 1988 and reappropriated by chapter\n54, section 3, of the laws of 1989 ($9,500,000); chapter 54, section 1,\nof the laws of 1983, as last reappropriated pursuant to chapter 54,\nsection 3, of the laws of 1984 ($9,500,000); chapter 50, section 1, of\nthe laws of 1982 ($9,500,000); chapter 50, section 1, of the laws of\n1981, as last reappropriated by chapter 54, section 3, of the laws of\n1984 ($7,000,000).\nIndustrial Building Recycling Program:\n Chapter 50, section 1, of the laws of 1981, as amended and last\nreappropriated pursuant to chapter 54, section 3, of the laws of 1988\n($1,500,000).\nIndustrial Innovation Program:\n Chapter 54, section 1, of the laws of 1984, as amended and\nreappropriated by chapter 54, section 3, of the laws of 1989\n($10,000,000).\nSmall and Medium-sized Business Assistance Program:\n Chapter 54, section 1, of the laws of 1989, as amended by chapter 391,\nsection 1, of the laws of 1989 ($2,000,000); chapter 54, section 1, of\nthe laws of 1988 ($2,000,000); chapter 54, section 1, of the laws of\n1987, as amended by chapter 391, section 2, of the laws of 1989\n($4,200,000); chapter 54, section 1, of the laws of 1986, as amended by\nchapter 54, section 3, of the laws of 1988 ($8,000,000).\nStrategic Resurgence Fund:\n Chapter 54, section 1, of the laws of 1989, as amended by chapter 391,\nsection 1, of the laws of 1989 ($6,850,000); chapter 54, section 1, of\nthe laws of 1988, as amended by chapt
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