Bill Text: NY A01091 | 2017-2018 | General Assembly | Introduced
Bill Title: Authorizes industrial development agencies to provide technical and financial assistance to qualified residential facilities.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2018-01-03 - referred to local governments [A01091 Detail]
Download: New_York-2017-A01091-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 1091 2017-2018 Regular Sessions IN ASSEMBLY January 10, 2017 ___________ Introduced by M. of A. PRETLOW -- read once and referred to the Commit- tee on Local Governments AN ACT to amend the general municipal law, in relation to authorizing industrial development agencies to provide assistance to qualified residential facilities The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 4 of section 854 of the general municipal law, 2 as amended by section 6 of part J of chapter 59 of the laws of 2013, is 3 amended to read as follows: 4 (4) "Project" - shall mean any land, any building or other improve- 5 ment, and all real and personal properties located within the state of 6 New York and within or outside or partially within and partially outside 7 the municipality for whose benefit the agency was created, including, 8 but not limited to, machinery, equipment and other facilities deemed 9 necessary or desirable in connection therewith, or incidental thereto, 10 whether or not now in existence or under construction, which shall be 11 suitable for manufacturing, warehousing, research, commercial or indus- 12 trial purposes or other economically sound purposes identified and 13 called for to implement a state designated urban cultural park manage- 14 ment plan as provided in title G of the parks, recreation and historic 15 preservation law and which may include or mean an industrial pollution 16 control facility, a recreation facility, educational or cultural facili- 17 ty, a horse racing facility, a railroad facility, a qualified residen- 18 tial facility, or an automobile racing facility, provided, however, no 19 agency shall use its funds or provide financial assistance in respect of 20 any project wholly or partially outside the municipality for whose bene- 21 fit the agency was created without the prior consent thereto by the 22 governing body or bodies of all the other municipalities in which a part 23 or parts of the project is, or is to be, located, and such portion of 24 the project located outside such municipality for whose benefit the EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD04423-01-7A. 1091 2 1 agency was created shall be contiguous with the portion of the project 2 inside such municipality. 3 § 2. Section 854 of the general municipal law is amended by adding a 4 new subdivision 21 to read as follows: 5 (21) "Qualified residential facility" - shall mean any multi-family 6 residential facility with units that are for sale, in any municipality 7 located within the county of Westchester, and which is located in an 8 urban renewal area designated under article fifteen of this chapter or a 9 highly distressed area, together with buildings, structures, machinery, 10 equipment, facilities and appurtenances thereto deemed necessary, useful 11 or desirable in connection therewith, or incidental thereto, but shall 12 not include a continuing care retirement community. 13 § 3. This act shall take effect immediately.