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Assembly Bill A340

Signed By Governor

2011-2012 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 - Signed by Governor

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Bill Amendments

co-Sponsors

2011-A340 - Details

See Senate Version of this Bill:
S1846
Law Section:
Real Property
Versions Introduced in 2009-2010 Legislative Session:
A3687, A9935, S4134

2011-A340 - Summary

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

2011-A340 - Bill Text download pdf

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

                                   340

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 5, 2011
                               ___________

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 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.
              

co-Sponsors

multi-Sponsors

2011-A340A (ACTIVE) - Details

See Senate Version of this Bill:
S1846
Law Section:
Real Property
Versions Introduced in 2009-2010 Legislative Session:
A3687, A9935, S4134

2011-A340A (ACTIVE) - Summary

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

2011-A340A (ACTIVE) - Bill Text download pdf

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

                                 340--A

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 5, 2011
                               ___________

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

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

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