97-O - Pine Barrens fund. - New York Statutes

§ 97-o. Pine Barrens fund. 1. There is hereby established in the joint custody of the state comptroller and the commissioner of taxation and finance a fund to be known as the Pine Barrens fund. 2. Such fund shall consist of all moneys appropriated for the purpose of such fund and all moneys transferred to such fund pursuant to law. Any interest earned by the investment of moneys in such fund shall be added to such fund, become a part of such fund, and be used for the purpose of such fund. 3. Moneys of such fund shall be available for appropriation and allocation to the Central Pine Barrens joint planning and policy commission for the purposes of carrying out the provisions of article fifty-seven of the environmental conservation law and the Long Island Pine Barrens maritime reserve council including for the purpose of compensation for the acquisition of conservation easements, development rights and fee interest in real property. 4. The moneys of the fund shall be paid out on the audit and warrant of the comptroller on vouchers certified or approved by the chair of the Central Pine Barrens joint planning and policy commission of the Long Island Pine Barrens maritime reserve council.