S T A T E   O F   N E W   Y O R K
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                                  10590

                          I N  A S S E M B L Y

                              June 7, 2012
                               ___________

Introduced  by M. of A. MAGEE -- read once and referred to the Committee
  on Corporations, Authorities and Commissions

AN ACT to authorize the New  York  state  thruway  authority  to  convey
  certain land located in the village of Canastota, county of Madison

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

  Section 1. Declaration of purpose. The state of New York, the  village
of Canastota and the county of Madison have determined that the develop-
ment  of  the  village  of  Canastota's underutilized property, uniquely
located near the New York state thruway, is  vital  to  the  growth  and
prosperity  of  the  state of New York, the village of Canastota and the
county of Madison. Development of this area offers an historic  opportu-
nity  to  expand  the  local  economy, provide job opportunities, expand
tourism and recreational related industry, and increase municipal reven-
ue for the residents of the village of Canastota and the overall Central
New York region.  In general, the state of New York desires  to  improve
this  corridor  to create opportunities for tourism and recreation.  The
New York state thruway authority has identified a parcel of such certain
land, which is under its present jurisdiction and owned by the people of
the state of New York, that may be utilized to allow realization of such
opportunities for tourism and recreation.   The county  of  Madison  has
established  an industrial development agency pursuant to section 893 of
the general municipal law with the intention of using  such  agency  for
the  purposes  of  relieving  and  reducing  unemployment, promoting and
providing for additional and maximum employment, bettering and maintain-
ing job opportunities, and such other purposes as may be  authorized  by
section 893 of the general municipal law.
  S 2. Notwithstanding any other law, the New York state thruway author-
ity  shall transfer and convey to the Madison county industrial develop-
ment agency, created pursuant to section 893 of  the  general  municipal
law,  the  parcel  of certain land referenced in section one of this act
and described in section four of this act for the purposes described  in
this act, sole consideration of redevelopment activities and site owner-

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD16093-02-2
              

A. 10590                            2

ship  responsibilities,  within  60  days  of  notice by such industrial
development agency.
  S  3.  The  Madison county industrial development agency shall use the
lands conveyed pursuant to this act for such purposes and in  accordance
with  such  powers as authorized by section 893 of the general municipal
law.
  S 4. The lands authorized to be conveyed pursuant to  section  two  of
this act are generally described as follows:
  All  that  tract  or parcel of land, situated, lying, and being in the
Village of Canastota, Town of Lenox, County of  Madison,  State  of  New
York, more particularly bounded and described as follows:
  Beginning at an iron pin set at the northeasterly corner of Parcel No.
273  heretofore  appropriated  by  the  People  of the State of New York
("State") by virtue of Map No. 220 (Mohawk Thruway-Madison County) filed
in the Madison County Clerk's Office ("Clerk's Office")  on  August  20,
1952,  said  pin  also  being  set  at the northwesterly corner of lands
conveyed to The International Boxing Hall of Fame, Inc. ("IBHF") by deed
recorded in the Clerk's Office on October 6, 1987 in Liber 848  at  page
218,  and  at  a point in the easterly boundary of state Route 13 (a/k/a
North Peterboro Street); thence  along  said  easterly  boundary,  North
7°-13'-07" East, 150.08 feet to an iron pin; thence through lands APPRO-
PRIATED BY THE STATE THE FOLLOWING FOUR COURSES AND DISTANCES: (1) NORTH
47°-35'-00" EAST, 488.85 FEET TO AN IRON PIN; (2) SOUTH 6°-35'-00" WEST,
52.00 FEET TO AN IRON PIN; (3) SOUTH 42°-25'-00" EAST, 250.00 TO AN IRON
PIN; AND (4) SOUTH 47°-35'-00" WEST, 650.00 FEET TO AN IRON PIN SET AT A
POINT IN THE AFORESAID EASTERLY BOUNDARY OF STATE ROUTE 13; THENCE ALONG
SAID  EASTERLY BOUNDARY NORTH 7°-13'-07" WEST, 97.60 FEET TO AN IRON PIN
SET AT THE SOUTHEASTERLY CORNER OF THE AFORESAID PARCEL  NO.  273,  SAID
PIN  ALSO  BEING  SET  AT THE SOUTHWESTERLY CORNER OF THE AFOREMENTIONED
LANDS CONVEYED TO THE IBHF; THENCE ALONG THE DIVISION LINE BETWEEN LANDS
APPROPRIATED BY THE STATE AND LANDS CONVEYED TO THE IBHF  THE  FOLLOWING
THREE  COURSES AND DISTANCES: (1) NORTH 52°-01'-00" EAST, 158.74 FEET TO
AN IRON PIN; (2) NORTH 8°-27'-51" WEST, 98.75 FEET TO AN IRON  PIN;  AND
(3) SOUTH 52°-01'-00" WEST, 156.25 FEET TO THE POINT AND PLACE OF BEGIN-
NING; CONTAINING 3.29 ACRES, MORE OR LESS, ALL AS SHOWN ON A MAP MADE BY
MYERS AND ASSOCIATES, P.C., DATED APRIL 22, 1998 AND LAST REVISED DECEM-
BER  18,  1998, ENTITLED "PORTION OF LANDS OF THE NEW YORK STATE THRUWAY
AUTHORITY," FILED IN THE CLERK'S OFFICE ON JUNE 17, 2002  UNDER  CONTROL
NO. 3867.
  Being  all  of Parcel No. 274 appropriated by the State in fee without
the right of access reserved to abutting owners, by virtue  of  Map  No.
227  (Mohawk  Thruway-Madison  County)  filed  in  the Clerk's Office on
August 20, 1952; and a portion of Parcel Nos. 276 and  277  appropriated
by  the  State  in  fee without the right of access reserved to abutting
owners, by virtue of Map Nos. 222 and 223 (Mohawk Thruway-Madison  Coun-
ty),  respectively,  filed  in the Clerk's Office on August 20, 1952 and
November 10, 1952, respectively.
  Access to and/or from the above-described lands is restricted  to  the
following described boundaries: North 7°-13'-07" West, 97.60 feet; North
52°-01'-00"  East, 158.74 feet; North 8°-27'-51" West, 98.75 feet; South
52°-01'-00" West, 156.25 feet; and North 7°-13'-07" West,  150.08  feet.
Access,  therefore,  is  strictly prohibited across all other boundaries
described hereinabove.
  Such conveyance shall be subject to all covenants,  conditions,  ease-
ments and restrictions of record.

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  S  5.  The Madison county industrial development agency shall adopt by
resolution comprehensive guidelines which detail the corporation's oper-
ative policy and instructions regarding the  use,  awarding,  monitoring
and  reporting  of  procurement  contracts.  Such guidelines shall, at a
minimum,  include  the  standards  established  in  section 104-b of the
general municipal law.
  S 6. In the event that the lands as described in section four of  this
act  shall  cease  to  be  developed  within five years from the date of
transfer, in accordance with the purposes set forth in sections one  and
three of this act prior to the issuance of any certificate of occupancy,
title  to  such  lands  and any improvements thereon shall revert to the
people of the state of New York under the jurisdiction of the  New  York
state thruway authority.
  S 7. This act shall take effect immediately.