senate Bill S7690

Signed by Governor Amended

Grants the Nyack joint fire district local development corporation and the Nyack general fire protection company, Inc. legal corporate status as not-for-profit corporations

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Bill Status


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

actions

  • 29 / May / 2014
    • REFERRED TO LOCAL GOVERNMENT
  • 10 / Jun / 2014
    • AMEND AND RECOMMIT TO LOCAL GOVERNMENT
  • 10 / Jun / 2014
    • PRINT NUMBER 7690A
  • 11 / Jun / 2014
    • COMMITTEE DISCHARGED AND COMMITTED TO RULES
  • 11 / Jun / 2014
    • ORDERED TO THIRD READING CAL.1356
  • 17 / Jun / 2014
    • PASSED SENATE
  • 17 / Jun / 2014
    • DELIVERED TO ASSEMBLY
  • 17 / Jun / 2014
    • REFERRED TO LOCAL GOVERNMENTS
  • 19 / Jun / 2014
    • SUBSTITUTED FOR A9974A
  • 19 / Jun / 2014
    • ORDERED TO THIRD READING RULES CAL.504
  • 19 / Jun / 2014
    • PASSED ASSEMBLY
  • 19 / Jun / 2014
    • RETURNED TO SENATE
  • 25 / Aug / 2014
    • DELIVERED TO GOVERNOR
  • 04 / Sep / 2014
    • SIGNED CHAP.349

Summary

Grants the Nyack joint fire district local development corporation and the Nyack general fire protection company, Inc. legal corporate status as not-for-profit corporations.

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Bill Details

See Assembly Version of this Bill:
A9974
Versions:
S7690
S7690A
Legislative Cycle:
2013-2014
Law Section:
Rockland County

Sponsor Memo

BILL NUMBER:S7690

TITLE OF BILL: An act in relation to granting the Nyack joint fire
district local development corporation and the Nyack general fire
protection company, Inc. legal corporate status as not-for-profit
corporations

PURPOSE:

This bill would grant legal corporate status as not-for-profit
corporations pursuant to section 1411 of the New York State
Not-for-Profit Corporation Law to the Nyack Joint Fire District Local
Development Corporation and the Nyack General Fire Protection Company,
Inc., to authorize the transfer of title to the Park Street fire
station from the Nyack General Fire Protection Company, Inc. to the
Nyack Joint Fire District, in the Towns of Orangetown and Clarkstown
and the Villages of Nyack, Upper Nyack, South Nyack and Upper
Grandview in Rockland County (the "Nyack Joint Fire District"). In
addition, this bill will legalize, validate and confirm certain prior
actions by the Nyack LDCs, which were the subject of a critical report
prepared by the Office of the State Comptroller in December, 2009.

SUMMARY OF PROVISIONS:

Section 1. (i) Grants legal corporate status to the Nyack Joint Fire
District Local Development Corporation and the Nyack General fire
Protection Company, Inc. (collectively, the Nyack LDCs"), as
not-for-profit corporations pursuant to section 1411 of the
Not-for-Profit Corporation Law, with the same rights powers and
privileges of any corporation heretofore or hereafter incorporated
under such section; (ii) legalizes, validates and confirms the
transfer of several parcels of real property located on Park Street in
the Village of Nyack and currently the site of the Park Street fire
station from the Nyack Joint Fire District Local Development
Corporation to the Nyack General Fire Protection Company, Inc. and the
lease between the Nyack General Fire Protection Company, Inc. to the
Nyack Joint Fire District, in the Towns of Orangetown and Clarkstown
and the Villages of Nyack, Upper Nyack, South Nyack and Upper
Grandview in Rockland County (the "Nyack Joint Fire District"); (iii)
authorizes the sale of such parcels of real property by the Nyack
General fire Protection Company, Inc. to the Nyack Joint Fire
District, upon such terms and conditions and for such consideration as
may be agreed upon; (iv) terminates the corporate existence of the
Nyack LDCs upon such sale or conveyance and the satisfaction of all
debts, obligations and liabilities by the Nyack LDCs and (v) passes to
and vests in the Nyack Joint Fire District all of the rights and
properties of the Nyack LDC then remaining.

Section 2. Effective date.

JUSTIFICATION:

The Nyack Joint Fire District presently leases a fire station located
on Park Street in the Village of Nyack from the Nyack General fire
Protection Company, Inc., a local development corporation. The Board
of Fire Commissioners has determined that there are significant
financial benefits to the taxpayers if the Nyack Joint Fire District


issues bonds to acquire the fire station and terminates the lease. In
furtherance thereof, in December 2013, a proposition was approved by a
majority of the voters of the Nyack Joint Fire District authorizing
the issuance of bonds not to exceed $3,000,000 by the Nyack Joint Fire
District to finance the acquisition of the fire station located on
Park Street. In order to assure the validity of the transfer of title
from the Nyack General Fire Protection Company, Inc. to the Nyack
Joint Fire District and to resolve any other questions surrounding the
legality of the actions taken by the Nyack General Fire Protection
Company, Inc. and a second local development corporation formed for
the express purpose of financing the construction of said fire
station, the Nyack Joint Fire District is seeking this validating act.

LEGISLATIVE HISTORY:

New bill.

FISCAL IMPLICATIONS:

None.

EFFECTIVE DATE:

This act shall take effect immediately.

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

                                  7690

                            I N  S E N A T E

                              May 29, 2014
                               ___________

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

AN ACT in relation to granting  the  Nyack  joint  fire  district  local
  development corporation and the Nyack general fire protection company,
  Inc. legal corporate status as not-for-profit corporations

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

  Section 1.  Notwithstanding  any  other  provision  of  law,  general,
special or local, the Nyack Joint Fire District Local Development Corpo-
ration  and  Nyack  General Fire Protection Company, Inc. (collectively,
the "Nyack LDCs"), are hereby granted legal corporate status as not-for-
profit corporations pursuant to section 1411 of the New York state  not-
for-profit  corporation law, with the same rights, powers and privileges
of any corporation  heretofore  or  hereafter  incorporated  under  such
section.  The  transfer  of  several parcels of real property located on
Park Street in the Village of Nyack and currently the site of  the  Park
Street fire station from the Nyack Joint Fire District Local Development
Corporation  to  the Nyack General Fire Protection Company, Inc. and any
and all lease agreements  between  the  Nyack  General  Fire  Protection
Company,  Inc. to the Nyack Joint Fire District, in the Towns of Orange-
town and Clarkstown and the Villages of Nyack, Upper Nyack, South  Nyack
and   Upper   Grandview  in  Rockland  County  (the  "Nyack  Joint  Fire
District"), are hereby legalized, validated and confirmed. The  sale  of
such  parcels  of  real  property  by  the Nyack General Fire Protection
Company, Inc. to the Nyack Joint Fire  District,  upon  such  terms  and
conditions  and  for such consideration as may be agreed upon, is hereby
authorized. The corporate existence of the Nyack  LDCs  shall  terminate
upon  such  sale or conveyance of title to the Nyack Joint Fire District
and the satisfaction of all debts, obligations and liabilities undertak-
en or assumed by the Nyack LDCs related thereto. All of the  rights  and
properties,  both  real  and  personal, of the Nyack LDCs then remaining
shall pass to and vest in the Nyack Joint Fire District.
  S 2. This act shall take effect immediately.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15287-01-4

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