Senate Bill S8095

                                BILL NUMBER:S8095

TITLE OF BILL:
An act to repeal certain provisions of the general municipal law relat-
ing to the Rome urban renewal agency; and to transfer any books, records
and remaining rights of the dissolved agency to the city of Rome

PURPOSE OR GENERAL IDEA OF BILL:
This bill relates to the Rome urban renewal agency; and to transfer any
books, records and remaining rights of the dissolved agency to the city
of Rome.

SUMMARY OF SPECIFIC PROVISIONS:
Section One of the bill would repeal Title 34 of article 15-8 of the
general municipal law. Section Two would transfer existing records,
property, liabilities, rights, titles and interest of the Rome urban
renewal agency to the City of Rome. Section Three would provide for the
effective date.

JUSTIFICATION:
Pursuant to General Municipal Law Section 603, the Rome Urban Renewal
Agency was created by the State of New York for the purpose of redevel-
opment of substandard and unsanitary areas of the City of Rome through
replanning, reconstruction, rehabilitation and concentrated code
enforcement. The efficacy of the Rome Urban Renewal Agency has dimin-
ished over the course of the last ten (10) years and the goals of same
              

have been met or are being carried out by the City of Rome Department of
Community and Economic Development. The Rome Urban Renewal Agency is the
title holder to 19 parcels of real property located within the City of
Rome, including the property known and commonly referred to as Old City
Hall. The Rome Urban Renewal Agency maintains a fund balance of approxi-
mately $192,259.02 and has paid to the City of Rome the sum of approxi-
mately $25,000.00 per year for the payment of a municipal bond held in
the name of the City of Rome. With the amendment of the Public Authori-
ties Law by New York State, the Rome Urban Renewal Agency is now
required to undertake a variety of actions for which it lacks the fund-
ing or staffing to perform. The City of Rome believes that the functions
of the Rome Urban Renewal Agency can be performed more effectively by
the Department of Community and Economic Development. Furthermore, it is
the consensus of the members of the Rome Urban Renewal Agency that said
entity has completed its mission and ceased to be useful.

PRIOR LEGISLATIVE HISTORY:
This is a new bill.

FISCAL IMPLICATIONS:
None to the State.

EFFECTIVE DATE:
This act shall take effect on the sixtieth day after it shall have
become a law.