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Wpo boilerplate lease doc - New York Power Authority

Wpo boilerplate lease doc - New York Power Authority 2025

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The document is a lease agreement between the Power Authority of the State of New York (Landlord) and a Tenant for premises located at 123 Main Street, White Plains, New York. It outlines the terms and conditions of the lease, including rent payment, use of the premises, landlord's responsibilities for maintenance and repairs, tenant obligations regarding alterations and compliance with laws, insurance requirements, and procedures in case of default or termination. The lease also includes provisions for tax escalation, expense escalation, and rules regarding subletting or assignment of the lease. Additionally, it addresses issues related to damage by fire or other causes, condemnation, access to the premises by the landlord, and various legal provisions.

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Who is the chairman of the NYPA?

John Koelmel - Chairman, Board of Trustees - New York Power Authority | LinkedIn.

Who is the CEO of the NYPA?

Justin E. Driscoll is the President and Chief Executive Officer of the nations largest state-owned electric utility, New York Power Authority (NYPA).

How does NYPA make money?

NY Power Authority In addition to the revenue from the sales of our power and services, NYPAs balance sheet includes bonds issued to finance long-term investment. Regulations implemented by the Office of the State Comptroller (N.Y. Comp. Codes R.

Who funds NYPA?

NYPA uses no state tax dollars and incurs no state debt, financing its projects principally through the sale of bonds. The bonds are repaid and the projects operated using revenues from operations.

Who runs NYPA?

Justin E. Driscoll. Justin E. Driscoll is the President and Chief Executive Officer of the New York Power Authority (NYPA), the nations largest state-owned electric utility.

Is NYPA a utility company?

We Are the Energy of New York. NYPA is the largest state public power organization in the nation, operating 17 generating facilities and more than 1,550 circuit-miles of transmission lines. We are leading the transition to a carbon-free, economically vibrant New York.

Wpo boilerplate lease doc - New York Power Authority 2025

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