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Assembly Bill A9935A

2009-2010 Legislative Session

Authorizes the lease of lands located at the state university of New York at Purchase for a senior learning community

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Archive: Last Bill Status - In Assembly Committee

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Bill Amendments

co-Sponsors

2009-A9935 - Details

See Senate Version of this Bill:
S4134
Current Committee:
Assembly Ways And Means
Law Section:
Real Property
Versions Introduced in 2011-2012 Legislative Session:
A340, S1846

2009-A9935 - Summary

Authorizes the lease of lands located at the state university of New York at Purchase for a senior learning community.

2009-A9935 - Sponsor Memo

2009-A9935 - Bill Text download pdf

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

                                  9935

                          I N  A S S E M B L Y

                            February 12, 2010
                               ___________

Introduced  by M. of A. PAULIN, SPANO, LUPARDO -- read once and referred
  to the Committee on Higher Education

AN ACT to authorize the lease of lands located at the  state  university
  of New York at Purchase

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

  Section 1.  Legislative  findings.  The  legislature  finds  that  the
provision  of  a senior learning community upon the grounds of the state
university of New York at Purchase is appropriate to further the  objec-
tives and purposes of the state university of New York.  The legislature
further  finds that granting the trustees of the state university of New
York the authority and power to lease and  otherwise  contract  to  make
available  grounds  and facilities of the campus of the state university
of New York at Purchase will ensure  the  availability  of  such  senior
learning  community,  and also promote the effective use of such grounds
and facilities.
  S 2. The trustees of the state  university  of  New  York  are  hereby
authorized to lease without any public bidding a portion of the lands of
the state university of New York at Purchase generally described in this
act  to  the  Purchase college advancement corporation, a not-for-profit
corporation, upon such terms and conditions as the trustees deem  advis-
able,  for  an  initial term not to exceed thirty-five years or for such
time as may be necessary to complete repayment of any  debt  related  to
the  projects described in this act, whichever is shorter.  In the event
that the real property which is the subject of such  lease  or  contract
shall  cease  to  be  used  for the purposes described in this act, said
lease shall immediately terminate and the real property and any improve-
ments thereon shall revert to the state  university  of  New  York.  Any
contract  or  lease entered into pursuant to this act shall provide that
the real property which is the subject of such lease or contract and any
improvements thereon shall revert to the state university  of  New  York
upon  the expiration of such lease. The description of the parcels to be
leased pursuant to such section are not meant to be legal  descriptions,
but  are  intended  only  to identify the parcels and improvements to be

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

co-Sponsors

2009-A9935A (ACTIVE) - Details

See Senate Version of this Bill:
S4134
Current Committee:
Assembly Ways And Means
Law Section:
Real Property
Versions Introduced in 2011-2012 Legislative Session:
A340, S1846

2009-A9935A (ACTIVE) - Summary

Authorizes the lease of lands located at the state university of New York at Purchase for a senior learning community.

2009-A9935A (ACTIVE) - Bill Text download pdf

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

                                 9935--A

                          I N  A S S E M B L Y

                            February 12, 2010
                               ___________

Introduced  by M. of A. PAULIN, SPANO, LUPARDO -- read once and referred
  to the Committee on Higher Education -- recommitted to  the  Committee
  on  Higher  Education  in  accordance  with Assembly Rule 3, sec. 2 --
  reported and referred to the Committee on Ways and Means --  committee
  discharged, bill amended, ordered reprinted as amended and recommitted
  to said committee

AN  ACT  to authorize the lease of lands located at the state university
  of New York at Purchase

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

  Section  1.  Legislative  findings.  The  legislature  finds  that the
provision of a senior learning community upon the grounds of  the  state
university  of New York at Purchase is appropriate to further the objec-
tives and purposes of the state university of New York.  The legislature
further finds that granting the trustees of the state university of  New
York  the  authority  and  power to lease and otherwise contract to make
available grounds and facilities of the campus of the  state  university
of  New  York  at  Purchase  will ensure the availability of such senior
learning community, and also promote the effective use of  such  grounds
and facilities.
  S  2.  The  trustees  of  the  state university of New York are hereby
authorized to lease without any public bidding a portion of the lands of
the state university of New York at Purchase generally described in this
act to the Purchase college advancement  corporation,  a  not-for-profit
corporation,  upon such terms and conditions as the trustees deem advis-
able, for an initial term not to exceed forty years or for such time  as
may  be  necessary  to  complete  repayment  of  any debt related to the
projects described in this act, whichever is shorter.  In the event that
the real property which is the subject of such lease or  contract  shall
cease  to  be  used  for  the purposes described in this act, said lease
shall immediately terminate and the real property and  any  improvements
thereon  shall  revert to the state university of New York. Any contract
or lease entered into pursuant to this act shall provide that  the  real
property which is the subject of such lease or contract and any improve-

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

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