[Adopted 6-13-2022 by L.L. No. 1-2022]
This article shall be known as the "Sustainable Technology and
Green Energy Act."
As used in this article, the following terms shall have the
meanings indicated:
COMMISSIONER
The Commissioner of the Office of Management and Budget as established by Article
5, §§ 501 and 502, of the Albany County Charter.
COMPTROLLER
The Albany County Comptroller as established by Article
4, § 401, of the Albany County Charter.
COUNTY
The County of Albany, New York.
COUNTY EXECUTIVE
The Albany County Executive as established by Article
3, §§ 301 and 302, of the Albany County Charter.
DIRECTOR
The Director of the Albany County Department of Economic Development, Conservation and Planning as established by Article
11, §§ 1101 and 1102, of the Albany County Charter.
ECONOMIC DEVELOPMENT PROJECT
A project undertaken by local development agencies (as defined
herein) which is for the purpose of improvement of economic development,
job retention, job growth or business growth within the County.
FINANCIAL ASSISTANCE
Assistance that is provided to the covered entity for the
improvement or development of real property, economic development,
job retention and growth, or other similar purposes, that is provided
either 1) directly by the County, or 2) indirectly by local economic
development agencies. Financial assistance, as defined in this section,
shall include, but not be limited to: grants, bonds, financing, real
property tax abatements or exemptions (including, but not limited
to, abatements or exemptions from real property taxes, mortgage recording
taxes, sales and use taxes or payments in lieu of taxes).
GREEN BUSINESS
Any entity that is a for-profit business that produces goods
or provides services that benefit the environment, conserve natural
resources or reduce greenhouse gas emissions. Green businesses include,
but are not limited to, corporations that manufacture, produce, build,
engineer, service, supply and/or distribute any product which produces
clean energy sources or reduces emissions in other sectors of the
economy, such as building or transportation, in order to meet local,
state and federal sustainability goals and contribute demonstrably
to the green business footprint in the County.
LOCAL ECONOMIC DEVELOPMENT AGENCY
An entity that has been constituted and/or established to
provide or administer economic development benefits on behalf of the
County, including, but not limited to:
A.
A not-for-profit local development corporation established pursuant
to New York State Not-for-Profit Corporation Law § 1411;
B.
An industrial development agency established pursuant to New
York State General Municipal Law § 856 and/or § 90-3b;
or
C.
Any urban development corporation as defined by the New York
State Urban Development Corporation Act and/or a public benefit corporation
as authorized by the laws of New York.
STAGE PLAN
The Sustainable Technology and Green Energy Plan within Albany County that is authorized and established by §
135-4 of this article.