20.05 - Legislative findings and determinations, and statement of purposes.

§ 20.05. Legislative  findings  and  determinations,  and statement of  purposes. 1. The legislature hereby finds, determines and declares:    (a) that cultural institutions in the state promote public interest in  and knowledge of the arts and other cultural activities; attract artists  and others with creative talents who live in proximity  to  and  perform  work  related  to such institutions; and otherwise vitally contribute to  educational, recreational and cultural activities and  opportunities  of  benefit to the people of the state; and that such institutions provide a  wealth  of specialized educational and cultural activities designed for,  among  others,  students,  minority  and  ethnic   populations,   senior  citizens,  the  unemployed,  consumers  and  citizens  interested in the  performing arts; and that it is the sense of the  legislature  that  the  contributions  of such institutions to the people of New York state have  been exceptional;    (b) that such institutions are essential to the existence of  cultural  centers  in  the state, contribute to the continued existence and growth  in the state of industries  related  to  the  arts  and  other  cultural  activities,  attract  residents  of and visitors to the state, including  patrons of the arts, generate substantial tax and other revenues in  and  for  the  state, and otherwise vitally contribute to the economy and tax  base of the state;    (c) that recognizing the importance of and public  purpose  served  by  such  institutions,  the state has appropriated and expended substantial  funds for and has otherwise supported and assisted such institutions;    (d) that there is a serious shortage of required space and  facilities  for  the continued existence, proper operation and needed growth of such  institutions and that there is a serious  shortage  of  required  modern  equipment,  furnishing  and  installations  for the continued existence,  proper operation and needed growth of such institutions;    (e) that owing to inflation, increases in the cost of energy and other  economic forces, operating expenses of  many  such  institutions  exceed  revenues  from  endowments  and  other  sources; sufficient funds to pay  operating expenses and the costs of needed  expansion,  improvement  and  rehabilitation  of the space and facilities of such institutions are not  available from the state, municipalities or counties  in  the  state  or  other past sources of such funds; and unless corrective action is taken,  the   needed   expansion,   improvement,   equipping,   furnishing   and  rehabilitation of the space and facilities of such institutions will not  be undertaken and such institutions will be  required  to  invade  their  endowments  and  other capital assets to pay operating expenses, thereby  endangering the continued existence and operation of such institutions;    (f) that a public purpose would be served and  the  interests  of  the  people of the state would be promoted if the collections, endowments and  other  capital  assets of such institutions were preserved and expanded;  if continued operation in the state and  needed  expansion,  improvement  and rehabilitation of the space and facilities of such institutions were  encouraged;  and  if  action  were  taken  to  permit such operation and  expansion, improvement and rehabilitation without additional funds  from  or   adverse  effects  on  the  tax  base  of  the  state,  counties  or  municipalities of the state;    (g) that many such institutions own or plan to acquire  valuable  real  property  or  interests  in  real property which are unused or underuti-  lized, and such institutions are unable properly to develop or otherwise  fully to utilize and realize the value of such real  property  owing  in  part  to  lack  of  expertise  and  in part to risks to their endowment,  collections and other capital assets;    (h) that appropriate development and utilization of such real property  and interest in real property and the purchase of capital equipment  andother  personal  property  would foster continued operation in the state  and needed expansion, improvement and rehabilitation of  the  space  and  facilities of such institutions without additional funds from or adverse  effects  on the tax base of the state, counties or municipalities of the  state; would help provide suitable  housing  accommodations,  commercial  uses and related facilities in proximity to such institutions; and would  otherwise promote the interest of the people of the state;    (i)  that  development  of suitable housing accommodations, commercial  uses, and related facilities compatible with and complementary  to  such  institutions would help to maintain, strengthen and revitalize the areas  in  which  such  institutions  are  located, that such development would  encourage such institutions to continue  operation  in  such  areas  and  permit needed expansion, improvement and rehabilitation of the space and  facilities  of  such  institutions,  and  that a public purpose would be  served and the interests of the people of the state would be promoted by  the  development  of  such  accommodations,  uses  and   facilities   in  combination with the facilities of such institutions;    (j)  that  many  not-for-profit  cultural organizations are in need of  development and/or rehabilitation of sufficient and appropriate space to  assure their continued existence and  benefit  for  the  people  of  the  state;  and  that sufficient funds to pay the costs of such needed space  and facilities of such organizations are not  currently  available  from  the  state,  counties  or municipalities; and that a program which would  utilize current resources and bring to bear  other  possible  additional  resources  for  the  development  and  rehabilitation  of  such space is  essential to the continued existence and operation of such organizations  and is therefore found by the legislature to be in the public  interest;  and    (k)  that  based  on  past  experience,  the private sector alone will  continue to be unable properly to develop such  real  property  and  the  requirements  of  such  institutions  will  not be met unless corrective  action is taken.    2. The legislature further  finds,  determines  and  declares  that  a  public  purpose  would  be served and the interests of the people of the  state would  be  promoted  by  appropriate  development  of  unused  and  underutilized  real  property  and  interests  in  real property of such  institutions;  that  appropriate  development  of  such  real   property  includes   construction  of  cultural  facilities  and  of  combined-use  facilities  consisting  of   institutional   portions   (including   the  expansion,  improvement or rehabilitation of the space and facilities of  such institutions) and non-institutional  portions  (including  suitable  housing   accommodations,  related  facilities  and  other  lawful  uses  compatible with uses of institutional portions of  such  facilities  and  embodying  architectural  and  design characteristics acceptable to such  institutions); and that  construction  of  cultural  facilities  and  of  combined-use  facilities  often  provides the only economically feasible  method  for  utilizing  such  real  property   for   needed   expansion,  improvement  and  rehabilitation  of  the  space  and facilities of such  institutions.    3. The legislature further  finds,  determines  and  declares  that  a  public  purpose  would  be served and the interests of the people of the  state would be promoted by the creation  pursuant  to  this  article  of  public  benefit corporations, known as trusts for cultural resources, to  provide for the appropriate development of unused and underutilized real  property and interests in real property of such institutions and for the  construction, equipping and furnishing of combined-use  facilities,  and  of  cultural  facilities  in  accordance  with  this article; that it is  necessary to grant to trusts for cultural resources the  powers,  rightsand duties provided by this article which include the delegation of part  of  the  sovereign  power  of the state; that the creation of trusts for  cultural  resources,  the  exercise  of  such  powers  and  rights,  the  performance  of  such  duties,  and  the carrying out of the purposes of  trusts for cultural resources are in all respects for the benefit of the  people of the state and are and will serve a public purpose; and that in  the exercise of such powers and rights, the performance of  such  duties  and  the  carrying  out  of such purposes, trusts for cultural resources  created under this article will be performing an  essential  public  and  governmental function.