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Senate Bill S7328

2009-2010 Legislative Session

Authorizes the lease-purchase of real property for a term of up to 30 years; makes permanent the authority to enter into leases for a term of up to fifteen years

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Sponsored By

Archive: Last Bill Status - In Senate Committee Investigations And Government Operations Committee

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2009-S7328 (ACTIVE) - Details

Current Committee:
Senate Investigations And Government Operations
Law Section:
Public Buildings Law
Laws Affected:
Amd §3, Pub Bldg L; amd §27, Chap 95 of 2000

2009-S7328 (ACTIVE) - Summary

Authorizes the lease-purchase of real property for a term of up to 30 years; makes permanent the authority to enter into leases for a term of up to fifteen years.

2009-S7328 (ACTIVE) - Sponsor Memo

2009-S7328 (ACTIVE) - Bill Text download pdf

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

                                  7328

                            I N  S E N A T E

                             March 30, 2010
                               ___________

Introduced  by  Sen.  C. JOHNSON -- (at request of the Office of General
  Services) -- read twice and ordered printed, and when  printed  to  be
  committed to the Committee on Investigations and Government Operations

AN  ACT  to  amend  the public buildings law, in relation to authorizing
  lease-purchase of real property for a term of up to thirty years;  and
  to  amend  chapter  95 of the laws of 2000, amending the state finance
  law, the general municipal law, the public  buildings  law  and  other
  laws  relating  to  bonds,  notes  and revenues, in relation to making
  permanent the authority to enter into leases  for  a  term  of  up  to
  fifteen years

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

  Section 1. Subdivision 12 of section 3 of the public buildings law, as
amended by section 47 of part T of chapter 57 of the laws  of  2007,  is
amended to read as follows:
  12. Lease from time to time buildings, rooms or premises in the county
of  Albany,  and  elsewhere as required, for providing space for depart-
ments, commissions, boards and officers of the  state  government,  upon
such  terms  and  conditions as he or she deems most advantageous to the
state. Any such lease shall, however, be for a term  not  exceeding  ten
years,  except that, the commissioner of general services may enter into
leases for a term not exceeding fifteen years when, in the  judgment  of
such  commissioner,  such  longer  term  is in the best interests of the
state. Any such lease may provide for optional renewals on the  part  of
the state, for terms of ten years or less. Each such lease shall contain
a  clause  stating  that  the  contract of the state thereunder shall be
deemed executory only to the extent of  moneys  available  therefor  and
that no liability shall be incurred by the state beyond the money avail-
able  for such purpose. Notwithstanding the provisions of any other law,
except section sixteen hundred seventy-six of the public authorities law
relating to use of dormitory  authority  facilities  by  the  aged,  the
commissioner of general services shall have sole and exclusive authority
to  lease space for state departments, agencies, commissions, boards and
officers within the county of Albany. Any buildings, rooms or  premises,

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

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