Appellants argue that a hearing, purportedly conducted pursuant to section 16 (2) of the New York State Urban Development Corporation Act ([UDC Act] L 1968, ch 174, § 1, as amended; McKinney's Uncons Laws of NY § 6266 [2]) on September 30, 1987, fails to satisfy the requirements of EDPL 206 (C) and therefore fails to fulfill the requirements for exemption from compliance with article 2 thereof. The gravamen of appellants' position is that the amendments to the subject...
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