S T A T E O F N E W Y O R K
________________________________________________________________________
4059
2009-2010 Regular Sessions
I N A S S E M B L Y
January 29, 2009
___________
Introduced by M. of A. PRETLOW -- read once and referred to the Commit-
tee on Local Governments
AN ACT to amend the general municipal law, in relation to authorizing
industrial development agencies to provide assistance to qualified
residential facilities
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision 4 of section 854 of the general municipal law,
as amended by chapter 541 of the laws of 1982, is amended to read as
follows:
(4) "Project" - shall mean any land, any building or other improve-
ment, and all real and personal properties located within the state of
New York and within or outside or partially within and partially outside
the municipality for whose benefit the agency was created, including,
but not limited to, machinery, equipment and other facilities deemed
necessary or desirable in connection therewith, or incidental thereto,
whether or not now in existence or under construction, which shall be
suitable for manufacturing, warehousing, research, commercial or indus-
trial purposes or other economically sound purposes identified and
called for to implement a state designated urban cultural park manage-
ment plan as provided in title G of the parks, recreation and historic
preservation law and which may include or mean an industrial pollution
control facility, a recreation facility, educational or cultural facili-
ty, a horse racing facility [or], a railroad facility, OR A QUALIFIED
RESIDENTIAL FACILITY, provided, however, no agency shall use its funds
in respect of any project wholly or partially outside the municipality
for whose benefit the agency was created without the prior consent ther-
eto by the governing body or bodies of all the other municipalities in
which a part or parts of the project is, or is to be, located.
S 2. Section 854 of the general municipal law is amended by adding a
new subdivision 20 to read as follows:
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD07621-01-9
A. 4059 2
(20) "QUALIFIED RESIDENTIAL FACILITY" - SHALL MEAN ANY MULTI-FAMILY
RESIDENTIAL FACILITY WITH UNITS THAT ARE FOR SALE, IN ANY MUNICIPALITY
LOCATED WITHIN THE COUNTY OF WESTCHESTER, AND WHICH IS LOCATED IN AN
URBAN RENEWAL AREA DESIGNATED UNDER ARTICLE FIFTEEN OF THIS CHAPTER OR A
HIGHLY DISTRESSED AREA, TOGETHER WITH BUILDINGS, STRUCTURES, MACHINERY,
EQUIPMENT, FACILITIES AND APPURTENANCES THERETO DEEMED NECESSARY, USEFUL
OR DESIRABLE IN CONNECTION THEREWITH, OR INCIDENTAL THERETO, BUT SHALL
NOT INCLUDE A CONTINUING CARE RETIREMENT COMMUNITY.
S 3. This act shall take effect immediately.