Bill Text: NY S06813 | 2015-2016 | General Assembly | Introduced

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Bill Title: Encourages investment by the private sector in the financing, construction and operation of public rental cabins at certain state parks; authorizes agreements not to exceed forty years.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2016-06-17 - COMMITTED TO RULES [S06813 Detail]

Download: New_York-2015-S06813-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          6813
                    IN SENATE
                                    February 24, 2016
                                       ___________
        Introduced  by  Sen.  FUNKE  -- read twice and ordered printed, and when
          printed to be committed to the Committee on Cultural Affairs, Tourism,
          Parks and Recreation
        AN ACT to amend the parks, recreation and historic preservation law,  in
          relation  to  encouraging  investment by the private sector at certain
          state parks
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1. Section 3.09 of the parks, recreation and historic preser-
     2  vation law is amended by  adding  a  new  subdivision  2-i  to  read  as
     3  follows:
     4    2-i.  Be empowered, in addition to any other provision of law relating
     5  to the improvement and operation of property under its jurisdiction,  to
     6  encourage investment by the private sector in the financing construction
     7  and  operation  of  public  rental  cabins  by entering into appropriate
     8  agreements for an extended period not  to  exceed  forty  years  at  the
     9  following  state  parks: in the second park region, Allegany state park;
    10  in the third park region, Hamlin beach state park and  Letchworth  state
    11  park;  in  the  fourth  park  region, Fairhaven beach state park; in the
    12  fifth park region, Glimmerglass state park; in the eighth  park  region,
    13  Harriman  state park; in the ninth park region, Heckscher state park and
    14  Wildwood state park; and in the tenth park  region,  Grass  Point  state
    15  park  and  Wellesley  Island state park. Any such agreement entered into
    16  under this subdivision for a period in  excess  of  ten  years  must  be
    17  approved  by  the  director  of  the budget and must provide for a total
    18  capital investment by the licensee or lessee over the contract  term  of
    19  no  less  than  one million dollars. Such extended term shall be for the
    20  purpose of assuring a cabin financier, contractor or  operator  adequate
    21  protection   and   a  commercially  reasonable  opportunity  to  finance
    22  construction  of  cabin  structures  and  related  fixtures,  equipment,
    23  supplies  and  other  improvements,  and the length of term shall have a
    24  direct relationship to the period required to finance the  cost  of  the
    25  project.  Any  such agreement shall be entered into only after a finding
    26  by the commissioner that the cabins will afford a public amenity and are
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14320-01-6