senate Bill S7507

Allows municipalities to lease naming rights of government owned property

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Bill Status


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor
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actions

  • 30 / May / 2012
    • REFERRED TO LOCAL GOVERNMENT
  • 06 / Jun / 2012
    • 1ST REPORT CAL.1138
  • 11 / Jun / 2012
    • 2ND REPORT CAL.
  • 12 / Jun / 2012
    • ADVANCED TO THIRD READING
  • 21 / Jun / 2012
    • COMMITTED TO RULES

Summary

Allows municipalities to lease naming rights of government-owned property.

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Bill Details

Versions:
S7507
Legislative Cycle:
2011-2012
Current Committee:
Senate Rules
Law Section:
General Municipal Law
Laws Affected:
Add ยง99-w, Gen Muni L

Votes

8
0
8
Aye
0
Nay
0
aye with reservations
0
absent
0
excused
0
abstained
show Local Government committee vote details

Sponsor Memo

BILL NUMBER:S7507

TITLE OF BILL:
An act
to amend the general municipal law, in relation to allowing
municipalities to lease naming rights for government owned property

PURPOSE:
This bill allows municipalities - counties, cities, towns and villages
an option to lease naming rights for governmentally owned properties
and facilities (examples include but are not limited to waterfront
property, parks, rail-trails, railroad tracks, city buses and
stadiums etc.)

SUMMARY OF PROVISIONS:
Section 1. The general municipal law is amended by adding a new
section 99-w to read as follows; 99-w. Transfer and lease of naming
rights. As used in this section the term municipality shall mean a
county, city, town, or village.

Subsection 2. A municipality may enter into a contract to lease the
naming rights of any property owned by such municipality according to
the requirements of this section. The chief executive officer of the
municipality shall be responsible for negotiating the contract,
subject to the ratification of a majority of the members of the
legislative body of such municipality.

Subsection 3. Such leasing agreement shall be for a period of not less
than one year and not more than five years.

Subsection 4. Prior to the ratification of a contract pursuant to
this section,
the legislative body of a municipality shall hold a public hearing,
on notice of at least thirty days, announcing the intention of such
municipality to enter into such a contract with a third party. A
public hearing pursuant to this section shall not be held more than
ninety days prior to such ratification.

Subsection 5. Any transaction described in this section may be used by
such municipality for any lawful municipal purpose.

JUSTIFICATION:
The continued weakening economy is severely impacting many local
governments.
Property taxes are increasing and many taxpayers are unable to afford
annual tax increases. Because of the weak economy in many of these
communities, establishing a sound budget and providing the necessary
services is becoming much tougher. In today's environment, local
governments are consequently searching for new, innovative and
creative ways of finding revenue streams. It is therefore incumbent
upon the New York state legislature to provide municipalities with
local options that would assist generating revenues to fund services
and maintain municipality owned property. Providing the local
government with greater flexibility in leasing naming rights for
municipal owned facilities can generate critical revenues thereby
relying less on property tax increases.


LEGISLATIVE HISTORY:
2009-10: A.9433 (Latimer) - Referred to Local Governments

FISCAL IMPLICATIONS:
None to NY State.

EFFECTIVE DATE:
This act will take effect immediately.

view bill text
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  7507

                            I N  S E N A T E

                              May 30, 2012
                               ___________

Introduced  by Sen. McDONALD -- read twice and ordered printed, and when
  printed to be committed to the Committee on Local Government

AN ACT to amend the general municipal law, in relation to allowing muni-
  cipalities to lease naming rights for government owned property

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  The  general  municipal  law  is  amended by adding a new
section 99-w to read as follows:
  S 99-W. TRANSFER AND LEASE OF  NAMING  RIGHTS.  1.  AS  USED  IN  THIS
SECTION  THE  TERM  "MUNICIPALITY"  SHALL  MEAN  A COUNTY, CITY, TOWN OR
VILLAGE.
  2. NOTWITHSTANDING ANY OTHER PROVISION  OF  LAW,  A  MUNICIPALITY  MAY
ENTER  INTO  A CONTRACT TO LEASE THE NAMING RIGHTS OF ANY PROPERTY OWNED
BY SUCH MUNICIPALITY ACCORDING TO THE REQUIREMENTS OF THIS SECTION.  THE
CHIEF  EXECUTIVE  OFFICER  OF  THE MUNICIPALITY SHALL BE RESPONSIBLE FOR
NEGOTIATING THE CONTRACT, SUBJECT TO THE RATIFICATION OF A  MAJORITY  OF
THE MEMBERS OF THE LEGISLATIVE BODY OF SUCH MUNICIPALITY.
  3.  SUCH  LEASING AGREEMENT SHALL BE FOR A PERIOD OF NOT LESS THAN ONE
YEAR AND NOT MORE THAN FIVE YEARS.
  4. PRIOR TO THE RATIFICATION OF A CONTRACT PURSUANT TO  THIS  SECTION,
THE  LEGISLATIVE  BODY OF A MUNICIPALITY SHALL HOLD A PUBLIC HEARING, ON
NOTICE OF AT LEAST THIRTY DAYS, ANNOUNCING THE INTENTION OF SUCH MUNICI-
PALITY TO ENTER INTO SUCH A CONTRACT WITH A THIRD PARTY. A PUBLIC  HEAR-
ING  PURSUANT  TO  THIS  SECTION SHALL NOT BE HELD MORE THAN NINETY DAYS
PRIOR TO SUCH RATIFICATION.
  5. NOTWITHSTANDING ANY OTHER PROVISION OF LAW, THE PROCEEDS  FROM  ANY
TRANSACTION  DESCRIBED  IN THIS SECTION MAY BE USED BY SUCH MUNICIPALITY
FOR ANY LAWFUL MUNICIPAL PURPOSE.
  S 2. This act shall take effect immediately.


 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD16076-01-2

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