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This entry was published on 2014-09-22
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SECTION 6219
Conveyance of property
Education (EDN) CHAPTER 16, TITLE 7, ARTICLE 125
§ 6219. Conveyance of property. 1. a. The city of New York shall on
or before January first, nineteen hundred eighty, by resolution or
resolutions of the board of estimate of such city or by instruments
authorized by such resolutions, convey to the state of New York all
right, title and interest to all real property owned by the city and
used by such university for senior college purposes notwithstanding the
provisions of any general, special or local law, or code or charter.

b. All such conveyances shall contain a provision that if such real
property ceases to be used for such purpose, title to such property
shall revert to the city of New York, provided, however, that until such
time as the city university delivers the notice referred to in paragraph
c of this subdivision with respect to any parcel of such real property,
such parcel shall be deemed to be used for senior college purposes
notwithstanding any change in character, use or occupancy consistent
with such purposes subsequent to the conveyance thereof pursuant to
paragraph a of this subdivision. Notwithstanding the reverter contained
in the foregoing sentence, on the request of the city university
construction fund, the commissioner of general services of the state of
New York may, for the purposes of dormitory authority financing of any
facility conveyed by the city of New York pursuant to paragraph a of
this subdivision, sell, convey, lease or exchange or otherwise make
available to the dormitory authority, for a nominal consideration any
such property, subject to the provision that if title shall be
reconveyed to the state of New York by the dormitory authority
subsequent to satisfaction of indebtedness incurred by the dormitory
authority to finance improvements on such property, such property shall,
subject to paragraph c of this subdivision, again become subject to the
provisions of the first sentence of this paragraph. The conveyance to
the dormitory authority shall be free of the reverter provided for in
the first sentence of this paragraph.

c. If any property which is subject to the reverter contained in the
first sentence of paragraph b of this subdivision ceases to be used for
senior college purposes, the city university shall notify the
commissioner of general services of the state of New York and the
director of management and budget of the city of New York in writing of
such event within sixty days. Upon the giving of such notice the
reverter contained in the first sentence of paragraph b of this
subdivision shall become effective and the state shall provide the city
with a duly executed deed in recordable form.

d. If the city shall (i) use property so deeded to it with
improvements wholly paid for by the state or (ii) sell or otherwise
dispose of property so deeded to it with improvements wholly paid for by
the state, then, within thirty days after the beginning of the city
fiscal year immediately following such conveyance, the city shall pay to
the state an amount equal to the current appraised value of such
improvements in such property.

e. The commissioner of general services of the state of New York may,
on the request of the city university construction fund for the purposes
of dormitory authority financing of the portion of the Staten Island
Developmental Center which is to be used by city university for senior
college purposes exclusively, sell, convey, lease or exchange or
otherwise make available to the dormitory authority such state lands,
situate within the county of Richmond, the city of New York, upon such
terms and conditions including consideration as the commissioner may fix
and determine with the approval of the director of the budget. However,
in the event that all or any part of such property should not be
utilized for senior college purposes exclusively, such property will
revert back to the state of New York.

2. Real property being used on the effective date of this article or
to be used by the city university for senior college purposes which is
encumbered by bonds, mortgages or similar debt instruments and title to
which is held by an agency of the state subject to the provision that
such title shall be conveyed to the city of New York by such state
agency when such outstanding indebtedness has been satisfied, shall upon
being so conveyed to such city by such agency thereupon be re-conveyed
by such city to the state of New York.

3. Notwithstanding any other provisions of law, the provisions of this
section shall apply to Medgar Evers college.