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A08559 Summary:

BILL NOA08559A
 
SAME ASSAME AS S07989-A
 
SPONSOROtis
 
COSPNSR
 
MLTSPNSR
 
Amd §2, Chap 799 of 2021
 
Makes changes relating to an authorization of land conveyance by the city of New Rochelle relating to reversion of title to the Armory Building, the annex and the underlying land of such structures, and the reversion of dedicated space for veterans organization use, to the state of New York upon the breach of certain conditions.
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A08559 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         8559--A
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                      May 20, 2025
                                       ___________
 
        Introduced  by  M. of A. OTIS -- read once and referred to the Committee
          on Cities -- committee discharged, bill amended, ordered reprinted  as
          amended and recommitted to said committee
 
        AN ACT to amend chapter 799 of the laws of 2021, relating to authorizing
          the  city  of  New Rochelle, county of Westchester to sell, convey and
          alienate certain land,  in  furtherance  of  an  economic  development
          interest  of  the  state  and/or  city of New Rochelle, in relation to
          reversion of title to the Armory Building, the annex and the  underly-
          ing  land of such structures, and reversion of the dedicated space for
          veterans organization use, to the state of New York upon the breach of
          certain conditions
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1. Subdivision (b) of section 2 of chapter 799 of the laws of
     2  2021, relating to authorizing the city of New Rochelle, county of  West-
     3  chester  to sell, convey and alienate certain land, in furtherance of an
     4  economic development interest of the state and/or city of New  Rochelle,
     5  as  amended  by  chapter  467  of the laws of 2022, is amended and a new
     6  subdivision (d) is added to read as follows:
     7    (b) any such deed transferring the parcel described in section four of
     8  this act provides (i) for  the  preservation  of  the  Armory  Building,
     9  including  the  annex, and (ii) a dedicated space for veterans organiza-
    10  tion use at no charge or a de minimis rental amount as approved  by  the
    11  city council.
    12    (c)  Such  deed or other document of conveyance shall provide (i) that
    13  in the event of a breach of the [conditions] condition in  [this]  para-
    14  graph  (i) of subdivision (b) of this section, title to the [land trans-
    15  ferred to the city of New Rochelle by section four of this  act]  Armory
    16  Building  and the annex and the underlying land of such structures shall
    17  revert to the state of New York. Provided however, upon the  receipt  by
    18  the  owner of a certificate of occupancy for the Armory Building and the
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13092-05-5

        A. 8559--A                          2
 
     1  annex, any and all rights of reverter and/or reversion  that  the  state
     2  may  have in and to such real property shall be permanently released and
     3  extinguished and relinquished forever; and (ii) that in the event  of  a
     4  breach  of  the  condition  in paragraph (ii) of subdivision (b) of this
     5  section, such dedicated space shall revert to the state of New York.
     6    (d) The state shall continue to have the right to enforce  in  law  or
     7  equity,  including  the  right  to  seek  injunctive  relief or specific
     8  performance, the conditions established pursuant to subdivision  (b)  of
     9  this section.
    10    § 2. This act shall take effect immediately.
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