S T A T E O F N E W Y O R K
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10467
I N A S S E M B L Y
May 27, 2016
___________
Introduced by M. of A. RUSSELL -- read once and referred to the Commit-
tee on Health
AN ACT to grant the Massena Memorial Hospital the authority to affiliate
with certain other entities and to issue bonds, notes, or other obli-
gations
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Notwithstanding any general, special, or local law or char-
ter provisions to the contrary, the Massena Memorial Hospital shall have
the power and is hereby authorized to engage in certain collaborative
activities with other parties for the purpose of promoting improved
quality of and access to health care services and improved clinical
outcomes. Such collaborative activities shall include, but not be limit-
ed to: entering into contracts, leases, subleases, and other agreements
for the purpose of affiliating with other hospitals, medical colleges or
colleges, in conjunction with the hospital's health facilities, which
agreements may provide for the management, operation, and staffing of
health facilities, the reconstruction, renovation, or addition to health
facilities; the provision of necessary facilities, utilities, and
services; and such other conditions or features necessary and proper for
such purpose and for the public health and general welfare.
S 2. Notwithstanding any general, special, or local law or charter
provisions to the contrary, the Massena Memorial Hospital shall have the
power and is hereby authorized, from time to time, to issue bonds,
notes, or other obligations as it shall deem necessary, after taking
into account other monies which may be available for the purposes set
forth in this act, to pay the cost of any project or for any other
purpose, including the establishment of reserves to secure the bonds,
the payment of principal of, premium, if any, and interest on the bonds
and the payment of incidental expenses in connection therewith;
provided, however, that the issuance of any bonds, notes or other obli-
gations in excess of twenty-five million dollars shall require authori-
zation by the Massena town council. Such bonds, notes, or obligations
shall be issued in accordance with the applicable provisions of the
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD15661-01-6
A. 10467 2
local finance law and applicable local laws. The hospital shall have the
power and is hereby authorized to enter into such agreements and perform
such acts as may be required under any applicable federal legislation to
secure a federal guarantee or other subsidy with respect to any bonds.
S 3. This act shall take effect immediately.