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This entry was published on 2014-09-22
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Termination of operation agreement
Correction (COR) CHAPTER 43, ARTICLE 4-B
§ 89-k. Termination of operation agreement. At the termination of the
operation agreement as to either or both alternate correctional
facilities, the department shall have an exclusive option to purchase,
from the city of New York, the facility or facilities for which the
operation agreement has terminated, at a fair market value price or
prices which shall be negotiated by the state office of general services
and the city of New York. The duration of the state's option to purchase
shall commence on the date notice is received from the city of New York
of its intent to terminate such agreement and shall continue for a
period of six months or until the next succeeding April first, whichever
is longer. Such option to purchase shall be deemed exercised upon
execution of an agreement to purchase. Notwithstanding any other
provision of law, these facilities shall not be operated as correctional
facilities except by the department.