Assembly Bill A9689A

Signed By Governor
2015-2016 Legislative Session

Extending the authorization for the length of leased lands located at the state university of New York at Purchase

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Sponsored By

Archive: Last Bill Status - Signed by Governor

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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Bill Amendments

co-Sponsors

2015-A9689 - Details

See Senate Version of this Bill:
S7133
Law Section:
Education
Laws Affected:
Amd §§2 & 13, Chap 405 of 2011

2015-A9689 - Summary

Relates to extending the authorization for the length of leased lands located at the state university of New York at Purchase.

2015-A9689 - Bill Text download pdf 

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

    S. 7133                                                  A. 9689

                      S E N A T E - A S S E M B L Y

                             March 30, 2016
                               ___________

IN SENATE -- Introduced by Sen. LAVALLE -- read twice and ordered print-
  ed, and when printed to be committed to the Committee on Higher Educa-
  tion

IN  ASSEMBLY  -- Introduced by M. of A. GLICK, BUCHWALD -- read once and
  referred to the Committee on Higher Education

AN ACT to amend chapter 405 of the laws of 2011, relating to authorizing
  the lease of lands located at the state  university  of  New  York  at
  Purchase, in relation to extending the authorization for the length of
  leased  land; and in relation to removing prior approval for contracts
  or leases by the attorney general, director of budget and state  comp-
  troller

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

  Section 1. Section 2 of chapter 405 of the laws of 2011,  relating  to
authorizing  the  lease  of lands located at the state university of New
York at Purchase, is amended to read as follows:
  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] SEVENTY-FIVE 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 improvements thereon shall revert to the state  univer-
sity  of  New York upon the expiration of such lease. The description of
the parcels to be leased pursuant to such section are not  meant  to  be

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

co-Sponsors

2015-A9689A (ACTIVE) - Details

See Senate Version of this Bill:
S7133
Law Section:
Education
Laws Affected:
Amd §§2 & 13, Chap 405 of 2011

2015-A9689A (ACTIVE) - Summary

Relates to extending the authorization for the length of leased lands located at the state university of New York at Purchase.

2015-A9689A (ACTIVE) - Bill Text download pdf 

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

    S. 7133--A                                            A. 9689--A
                                                        Cal. No. 559

                      S E N A T E - A S S E M B L Y

                             March 30, 2016
                               ___________

IN  SENATE  --  Introduced  by  Sens. LAVALLE, LATIMER -- read twice and
  ordered printed, and when printed to be committed to the Committee  on
  Higher  Education  --  committee  discharged,  bill  amended,  ordered
  reprinted as amended and recommitted to said committee

IN ASSEMBLY -- Introduced by M. of A. GLICK, BUCHWALD -- read  once  and
  referred to the Committee on Higher Education -- reported and referred
  to  the  Committee  on  Ways  and  Means  --  reported from committee,
  advanced to a third reading, amended and ordered reprinted,  retaining
  its place on the order of third reading

AN ACT to amend chapter 405 of the laws of 2011, relating to authorizing
  the  lease  of  lands  located  at the state university of New York at
  Purchase, in relation to extending the authorization for the length of
  leased land

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

  Section  1.  Section 2 of chapter 405 of the laws of 2011, relating to
authorizing the lease of lands located at the state  university  of  New
York at Purchase, is amended to read as follows:
  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] SEVENTY-FIVE  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 improvements thereon shall revert to the state univer-

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

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