Bill Text: NY S05222 | 2015-2016 | General Assembly | Introduced

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Bill Title: Authorizes the city of Troy to alienate and convey waterfront real property referred to as the Scolite Site.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2015-11-20 - SIGNED CHAP.496 [S05222 Detail]

Download: New_York-2015-S05222-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
           S. 5222                                                  A. 7390
                              2015-2016 Regular Sessions
                             S E N A T E - A S S E M B L Y
                                      May 7, 2015
                                      ___________
       IN SENATE -- Introduced by Sen. BRESLIN -- read twice and ordered print-
         ed, and when printed to be committed to the Committee on Local Govern-
         ment
       IN ASSEMBLY -- Introduced by M. of A. McDONALD -- read once and referred
         to the Committee on Cities
       AN  ACT  authorizing  the  city of Troy to sell or lease waterfront real
         property referred to as the Scolite Site
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Notwithstanding any inconsistent provision of section 20 of
    2  the  general  city law, the city of Troy, acting by and through its city
    3  council, is authorized to sell or lease  the  waterfront  real  property
    4  known as the Scolite Site as described in section three of this act.
    5    S 2. The authorization contained in section one of this act shall take
    6  effect  only upon the condition that the city of Troy dedicate an amount
    7  equal to or greater than the fair market value  of  the  property  being
    8  sold  or leased in section three of this act toward acquisition of addi-
    9  tional waterfront  property  and/or  capital  improvements  to  existing
   10  waterfront property.
   11    S 3. The parcel of land authorized to be sold or leased by section one
   12  of this act is more fully described as follows:
   13  ALL  THAT  CERTAIN  TRACT PIECE OR PARCEL OF LAND situate in the city of
   14  Troy, Rensselaer County, New York lying along the  northerly  margin  of
   15  Madison  Street,  and  along  the easterly Pierhead-Bulkhead line of the
   16  Hudson River, being more particularly bounded and described as follows:
   17  BEGINNING at a point on the northerly margin of  Madison  Street,  at  a
   18  point  where  said  northerly road margin is intersected by the division
   19  line between the lands of the city of Troy, on the west, as conveyed  by
   20  deed  July 13, 2001, as filed in the Rensselaer County Clerk's Office in
   21  liber 267, page 1207 and the lands now or formerly of Troy Slag Products
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD05435-02-5
       S. 5222                             2                            A. 7390
    1  Company, Inc. on the east, as conveyed by deed dated September 30, 1996,
    2  as filed in the Rensselaer County Clerk's Office in liber 44,  page  580
    3  and  runs thence from said point of beginning, along said northerly line
    4  of  Madison  Street  and  its  westerly  extension,  North 80 degrees 58
    5  minutes 00 seconds West, 529.87 feet to a point on  the  1934  Pierhead-
    6  Bulkhead  line  of the Hudson River; thence along said Pierhead-Bulkhead
    7  line, North 14 degrees 25 minutes 17 seconds  East,  433.94  feet  to  a
    8  point; thence South 80 degrees 58 minutes 00 seconds East, 68.28 feet to
    9  the  northeast  corner  of parcel 2, as said parcel is set forth in deed
   10  dated March 27, 1978, as filed in the Rensselaer County  Clerk's  Office
   11  in  liber  1301, page 182; thence along the westerly line of parcel 1 as
   12  set forth in said deed 1301, page 182, North 06 degrees  41  minutes  17
   13  seconds East, 68.03 feet to a point in the approximate centerline of the
   14  Postenkill  Creek; thence along the division line between the said lands
   15  of the city of Troy on the south and the lands now or formerly  of  Troy
   16  Slag  Products  Company, Inc. on the north, said division line being the
   17  centerline of the Postenkill Creek, as set forth in said deed  44,  page
   18  580,  South  80  degrees  58 minutes 00 seconds East, 423.63 feet to the
   19  northeast corner of the lands of the city  of  Troy;  thence  continuing
   20  along  the  division  line between the said lands of the city of Troy on
   21  the west and the said lands of Troy Slag Products Company, Inc.  on  the
   22  east,  South  09  degrees  02  minutes 00 seconds West, 500.00 feet to a
   23  point on the northerly margin of Madison Street and the point  or  place
   24  of  beginning,  being  a  parcel  containing  approximately  5.712 acres
   25  includes portions of lands under water.
   26    S 4. This act shall take effect immediately.