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Pataki putting pressure on stadium vote board.


With the 2012 Olympic bid hanging in the balance, Governor George Pataki George Elmer Pataki (born June 24, 1945) is an American politician who was the 57th Governor of New York serving from January 1995 until January 1, 2007. He is a member of the Republican Party and was seen as a possible 2000 and 2008 Presidential candidate.  has called a special meeting today (Wednesday), to urge the Public Authorities Board to vote on the Jets New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Sports Convention Center that was postponed last week.

A day before the three-member board was to vote on May 18, Senate Majority Leader Joseph Bruno This articlearticle or section has multiple issues:
* It is missing citations and/or footnotes. Please help improve this article by adding inline citations.
* An editor has expressed concern that the article is .
 and Assembly Speaker Sheldon Silver Sheldon Silver (born February 13, 1944) is a politician and member of the Democratic Party, currently serving as Speaker of New York State Assembly. Personal life
An Orthodox Jew of eastern European descent, Silver has lived all his life on Manhattan's Lower East Side.
 said they wanted to hold off on a vote until legal issues surrounding the stadium were resolved. However, Gov. Pataki, the third board member, wanted to the vote to proceed.

The board may hold off its vote until June 2, when a Supreme Court judge will decide on the Cablevision lawsuit that alleges that the Hudson Yards bid process by the Metropolitan Transit Authority was unfair. The New York Jets
    The New York Jets are a professional American football team based in the New York metropolitan area. They are members of the Eastern Division of the American Football Conference (AFC) in the National Football League (NFL).
     and MTA (1) (Message Transfer Agent or Mail Transfer Agent) The store and forward part of a messaging system. See messaging system.

    (2) See M Technology Association.

    1. (messaging) MTA - Message Transfer Agent.
     agreed in court to hold off on closing their West Side rail yards deal until the judge rules.

    Meanwhile, Cablevision has also brought suit against the Empire State Development Corporation, which recently gave unanimous approval to the West Side Stadium.

    The latest suit alleges the ESDC ESDC Empire State Development Corporation
    ESDC Extra Segment Descriptor Cache
    ESDC Extremal Self-Dual Code
     is in "violation of its statutory and fiduciary obligations" for adopting the New York Sports and Convention Center's General Project Plan despite "a complete absence of committed financing for this Project," ESDC's failure to "provide for statutorily required public comment" and for "approving a plan that is constitutionally impermissible im·per·mis·si·ble  
    adj.
    Not permitted; not permissible: impermissible behavior.



    im
     as a government gift of hundreds of millions of dollars to a private entity."

    In another snafu for the Jets, the City Council recently voted to stop the mayor's power over PILOT funds.

    The city was to use the PILOT fund for its $300 million share of the West Side stadium. Now Mayor Michael Bloomberg must first get the stamp of approval from the City Council to use those funds.

    Although, the Jets had no comment, insiders say that the football team has enough support from council members without the PILOT funds.

    The Public Authorities Board rules on financial feasibility of projects when public funds are involved. The board's vote must be unanimous.

    According to published reports, the Jets are reportedly taking steps to make sure they have somewhere else to play.

    The team is closing in on a 10-year extension to the team's lease at Giants Stadium.

    The deal would run through 2018 and cut the team's rent to 10 percent of ticket sales, down from 15. The contract is null and void should the Jets win the rights to build the stadium on the West Side of Manhattan.
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    Article Details
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    Title Annotation:governor George Pataki, New York. Public Authorities Control Board
    Author:Nelson, Barbara
    Publication:Real Estate Weekly
    Geographic Code:1U2NY
    Date:May 25, 2005
    Words:419
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