STATE OF NEW YORK
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7416
2015-2016 Regular Sessions
IN ASSEMBLY
May 11, 2015
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Introduced by M. of A. BRENNAN, OTIS, RODRIGUEZ -- read once and
referred to the Committee on Corporations, Authorities and Commissions
AN ACT to amend the New York state urban development corporation act, in
relation to extending the amount of time between notice of a project
and a public hearing
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subdivision (c) of section 6 of section 1 of chapter 174 of
2 the laws of 1968 constituting the New York state urban development
3 corporation act, is amended to read as follows:
4 (c) to any other person, firm, partnership or corporation, without
5 public bidding or public sale, provided there is published in at least
6 one newspaper of general circulation in the municipality in which the
7 project is located a notice which shall include a statement of the iden-
8 tity of the proposed purchaser or lessee and of his proposed use or
9 reuse of the land use improvement project area or applicable portion
10 thereof, the price or rental to be paid by such purchaser or lessee, all
11 other essential conditions of such sale or lease, and a statement that a
12 public hearing upon such sale or lease will be held before the corpo-
13 ration at a specified time and place on a date not less than [ten] thir-
14 ty days after such publication, and provided further that such public
15 hearing is held in accordance with such notice.
16 § 2. Subdivision 2 of section 8 of section 1 of chapter 174 of the
17 laws of 1968 constituting the New York state urban development corpo-
18 ration act is amended to read as follows:
19 (2) Before any sale or lease of all or a substantial part of a project
20 as authorized by subdivision one of this section is consummated, there
21 shall be published in at least one newspaper of general circulation in
22 the municipality in which the project is located a notice which shall
23 include a statement of the identity of the proposed purchaser or lessee,
24 the price or rental to be paid, all other essential conditions of such
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD06951-01-5
A. 7416 2
1 sale or lease, and a statement that a public hearing upon such sale or
2 lease will be held before the corporation at a specified time and place
3 on a date not less than [ten] thirty days after such publication, and
4 such hearing shall be held in accordance with such notice; provided,
5 however, that if the corporation determines that trade secrets or other
6 confidential information about the prospective purchaser's or lessee's
7 business operations, products, processes or designs would otherwise be
8 revealed by such public notice and public hearing, the requirements of
9 this subdivision may be waived by unanimous vote of the directors of the
10 corporation.
11 § 3. Subdivision 2 of section 14 of section 1 of chapter 174 of the
12 laws of 1968 constituting the New York state urban development corpo-
13 ration act, as amended by chapter 576 of the laws of 1969, is amended to
14 read as follows:
15 (2) Notwithstanding the provisions of any general, special or local
16 law or charter, any municipality, by resolution of its local governing
17 body, is hereby empowered without referendum, public auction, sealed
18 bids or public notice, to sell, lease for a term not exceeding ninety-
19 nine years, grant or convey to the corporation any real property owned
20 by it which the corporation shall certify to be necessary or convenient
21 for its corporate purposes. Any such sale, lease, grant or conveyance
22 shall be made with or without consideration and upon such terms and
23 conditions as may be agreed upon by such municipality and the corpo-
24 ration. Certification shall be evidenced by a formal request from the
25 president of the corporation. Before any such sale, lease, grant or
26 conveyance may be made to the corporation, a public hearing shall be
27 held by the local governing body to consider the same. Notice of such
28 hearing shall be published at least [ten] thirty days before the date
29 set for the hearing in such publication and in such manner as may be
30 designated by the local governing body.
31 § 4. Subparagraph (iii) of paragraph (b) of subdivision 2 of section
32 16 of section 1 of chapter 174 of the laws of 1968 constituting the New
33 York state urban development corporation act, as amended by chapter 732
34 of the laws of 1990, is amended to read as follows:
35 (iii) in any city having a population of one million or more, provide
36 to any community board in which the project will be located, a notice
37 that such plan will be filed upon its adoption by the corporation and
38 that digests thereof will be available, which notice shall also state
39 that a public hearing will be held to consider the plan at a specified
40 time and place on a date not less than [ten] thirty days after such
41 publication;
42 § 5. This act shall take effect immediately.
