N.Y. PBA Law § 3670

§ 3670. Miscellaneous provisions. 1. Notwithstanding anything to the\ncontrary in title six-A of article two of the local finance law, neither\nthe county nor any covered organization shall file any petition\nauthorized by such title six-A without the approval of the authority and\nthe state comptroller. No such petition shall be filed as long as any\nbonds issued by the authority remain outstanding. Failure of the\nauthority or the state comptroller to notify the county or a covered\norganization within thirty days (or such additional time, not exceeding\nthirty days, as the authority or state comptroller shall have notified\nthe county or covered organization that it requires to complete its\nreview) after submission to it of a petition shall be deemed to\nconstitute authority or state comptroller approval thereof.\n 2. Nothing contained in this title shall limit the right of the county\nor any covered organization to comply with the provisions of any\nexisting contract within or for the benefit of the holders of any bonds\nor notes of the county or such covered organization.\n 3. Nothing contained in this title shall be construed to limit the\npower of the county or a covered organization during any interim finance\nperiod to determine, from time to time, within available funds for the\ncounty or for such covered organization, the purposes for which\nexpenditures are to be made by the county or such covered organization\nand the amounts of such expenditures, consistent with the aggregate\nexpenditures then permitted under the financial plan for the county or\nsuch covered organization.\n 4. The authority's fiscal year shall be January first through December\nthirty-first.\n 5. Nothing contained in this title shall alter or modify the right of\nany town, city or village within the county regarding funding assistance\ndue from the county as authorized pursuant to section twelve hundred\nsixty-two-e of the tax law.\n 6. The authority shall adopt guidelines for procurement contracts in\naccordance with section twenty-eight hundred seventy-nine of this\nchapter.\n