Enacts a twenty year limit on contracts entered into by the MTA for the lease of railroad facilities; also prevents contract renewals by lessees with more than 3 violations of permits issued pursuant to section 27-0305.
STATE OF NEW YORK
________________________________________________________________________
2071
2011-2012 Regular Sessions
IN ASSEMBLY
January 13, 2011
___________
Introduced by M. of A. M. MILLER -- Multi-Sponsored by -- M. of A.
BARRON -- read once and referred to the Committee on Corporations,
Authorities and Commissions
AN ACT to amend the public authorities law, in relation to contracts
entered into by the metropolitan transportation authority
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Paragraph (a) of subdivision 6 of section 1265 of the
2 public authorities law, as amended by chapter 988 of the laws of 1984,
3 is amended to read as follows:
4 (a) To enter into contracts and leases and to execute all instruments
5 necessary or convenient; provided, however:
6 (i) that contracts for the lease of any railroad facilities shall be
7 for a term no longer than twenty years; and
8 (ii) any lessee seeking to renew a contract for the lease of any rail-
9 road facilities who has committed more than three violations of any
10 permit issued pursuant to section 27-0305 of the environmental conserva-
11 tion law, shall be barred from such renewal;
12 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD04350-01-1
