§ 18-118 Renting of stadium in Flushing Meadow park; exemption from
down payment requirements. a. Notwithstanding any other provision of
law, general, special or local, the city, acting by the commissioner,
with the approval of the board of estimate, is hereby authorized and
empowered from time to time to enter into contracts, leases or rental
agreements with, or grant licenses, permits, concessions or other
authorizations to, any person or persons, upon such terms and
conditions, for such consideration, and for such term of duration as may
be agreed upon by the city and such person or persons, whereby such
person or persons are granted the right, for any purpose or purposes
referred to in subdivision b of this section, to use, occupy or carry on
activities in, the whole or any part of a stadium, with appurtenant
grounds, parking areas and other facilities, to be constructed by the
city on certain tracts of land described in subdivision c of this
section, being a part of Flushing Meadow park and situated in the
borough of Queens, city and state of New York, title to which tracts is
now in the city. Prior to or after the expiration or termination of the
terms of duration of any contracts, leases, rental agreements, licenses,
permits, concessions or other authorizations entered into or granted
pursuant to the provisions of this subdivision and subdivision b of this
section, the city, in accordance with the requirements and conditions of
this subdivision and subdivision b of this section, may from time to
time enter into amended, new, additional or further contracts, leases or
rental agreements with, and grant new, additional or further licenses,
permits, concessions or other authorizations to, the same or any other
person or persons for any purpose or purposes referred to in subdivision
b of this section.
b. Any contract, lease, rental agreement, license, permit, concession
or other authorization referred to in subdivision a of this section may
grant to the person or persons contracting with the city thereunder, the
right to use, occupy or carry on activities in, the whole or any part of
such stadium, grounds, parking areas and other facilities, (1) for any
purpose or purposes which is of such a nature as to furnish to, or
foster or promote among, or provide for the benefit of, the people of
the city, recreation, entertainment, amusement, education,
enlightenment, cultural development or betterment, and improvement of
trade and commerce, including professional, amateur and scholastic
sports and athletic events, theatrical, musical or other entertainment
presentations, and meetings, assemblages, conventions and exhibitions
for any purpose, including meetings, assemblages, conventions and
exhibitions held for business or trade purposes, and other events of
civic, community and general public interest, and/or (2) for any
business or commercial purpose which aids in the financing of the
construction and operation of such stadium, grounds, parking areas and
facilities, and any additions, alterations or improvements thereto, or
to the equipment thereof, and which does not interfere with the
accomplishment of the purposes referred to in paragraph one of this
subdivision. It is hereby declared that all of the purposes referred to
in this subdivision are for the benefit of the people of the city and
for the improvement of their health, welfare, recreation and prosperity,
for the promotion of competitive sports for youth and the prevention of
juvenile delinquency, and for the improvement of trade and commerce, and
are hereby declared to be public purposes.
c. The tracts of land referred to in subdivision a of this section are
more particularly described as follows:
1. The area of land bounded on the north by the south side of Northern
boulevard, on the east by the west side of One hundred twenty-sixth
street, on the south by the north side of Roosevelt avenue, and on the
west by the east side of Grand Central parkway.
2. The area of land bounded on the north by the south side of
Roosevelt avenue, on the east by the west side of One hundred
twenty-sixth street, on the south by lands of the city of New York
occupied by the New York city transit authority, and on the west by the
east side of Grand Central parkway, excepting from such area of land,
the portion thereof fronting on Roosevelt avenue occupied by such
authority as a substation.
d. Notwithstanding the foregoing provisions of this section or the
provisions of any other law, general, special or local, the
commissioner, acting in behalf of the city, is hereby authorized and
empowered, without the approval of the board of estimate, to enter into
contracts, leases or rental agreements with or grant licenses, permits,
concessions or other authorizations to any person or persons, upon such
terms and conditions and for such consideration as may be agreed upon by
the commissioner and such person or persons, for terms of duration,
which, in the case of each such contract, lease, rental agreement,
license, permit or other authorization, including renewals, shall not be
in excess of one year, whereby such person or persons are granted the
right to use, occupy or carry on activities in, the whole or any part of
such stadium, grounds, parking areas and other facilities, for any
purpose or purposes referred to in subdivision b of this section. Upon
the expiration of the terms of duration of any of such contracts,
leases, rental agreements, licenses, permits, concessions or other
authorizations entered into or granted pursuant to the provisions of
this subdivision, or within thirty days prior to such expiration or
termination, the commissioner, in accordance with the requirements and
conditions of this subdivision, acting in behalf of the city, and
without the approval of the board of estimate, may from time to time
enter into new, additional or further contracts, leases or rental
agreements with, and may grant new, additional or further licenses,
permits, concessions or other authorizations to, the same or any other
person or persons for any purpose or purposes referred to in subdivision
b of this section.
e. Notwithstanding the provisions of section 107.00 of the local
finance law, for the purpose of financing and paying the cost of the
construction of such stadium, grounds, parking areas and facilities, and
the construction of any additions, alterations or improvements thereto
or to the equipment thereof, including a roof for such stadium and
increased seating capacity therein, the city is hereby authorized and
empowered, without providing from current funds any part of such cost or
otherwise complying with the provisions of section 107.00 of such law,
but upon compliance by the city with all other applicable provisions of
the local finance law, to issue bonds and bond anticipation notes and to
make expenditures from the proceeds of such bonds and bond anticipation
notes or from any fund into which such proceeds are paid.