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June 27, 2005

New York State to Shine Light Into Shadows

The NY Times
by Al Baker

In the waning minutes of the NY State legislative session, Assemblymember Richard Brodsky's (D-Westchester) bill requiring oversight of the state's Public Authorities, such as the MTA and Local Devlopement Corporations (LDCs).

This bill requires that Public Authorities get "fair market value" when selling public land, such as the Atlantic/Vanderbilt Railyards. However public interest groups heed caution because the Inspector General to be appointed to head oversight will be chosen by Governor Pataki.

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Posted by lumi at June 27, 2005 8:06 AM