A9857A-2011 Actions

• Jul 18, 2012: signed chap.156
• Jul 6, 2012: delivered to governor
• Jun 19, 2012: RETURNED TO ASSEMBLY
• Jun 19, 2012: PASSED SENATE
• Jun 19, 2012: 3RD READING CAL.610
• Jun 19, 2012: SUBSTITUTED FOR S6690A
• Jun 14, 2012: REFERRED TO RULES
• Jun 14, 2012: delivered to senate
• Jun 14, 2012: passed assembly
• Jun 14, 2012: ordered to third reading rules cal.216
• Jun 14, 2012: rules report cal.216
• Jun 14, 2012: reported
• Jun 13, 2012: reported referred to rules
• Jun 12, 2012: reported referred to ways and means
• Jun 7, 2012: print number 9857a
• Jun 7, 2012: amend and recommit to corporations, authorities and commissions
• Apr 18, 2012: referred to corporations, authorities and commissions

A9857A-2011 Votes

A9857A-2011 Text

                      S T A T E   O F   N E W   Y O R K
  ________________________________________________________________________

                                   9857--A

                            I N  ASSEMBLY

                               April 18, 2012
                                 ___________

  Introduced  by M. of A. BRENNAN -- (at request of the Thruway Authority)
    -- read once and referred to the Committee on  Corporations,  Authori-
    ties  and  Commissions  -- committee discharged, bill amended, ordered
    reprinted as amended and recommitted to said committee

  AN ACT to amend the public authorities law, in relation to the  disposal
    of real property to cure encroachments

    THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
  BLY, DO ENACT AS FOLLOWS:


    Section 1. Subdivision 6 of section 2897 of the public authorities law
  is amended by adding a new paragraph e to read as follows:

    E. DISPOSALS AND CONTRACTS FOR DISPOSAL OF REAL PROPERTY BY THE  CANAL
  CORPORATION  MAY  BE  MADE BY NEGOTIATED SALE RATHER THAN PUBLIC AUCTION
  PROVIDED THAT ALL OF THE FOLLOWING CONDITIONS HAVE BEEN SATISFIED:

    (I) THE CANAL CORPORATION HAS DETERMINED THAT: SUCH REAL  PROPERTY  IS
  NO  LONGER NECESSARY OR USEFUL TO THE PURPOSES OF THE CANAL CORPORATION;
  DISPOSAL OF SUCH REAL PROPERTY COMPLIES WITH ALL  APPLICABLE  PROVISIONS
  OF  THE  CANAL  LAW;  AND  DISPOSAL OF SUCH REAL PROPERTY IS IN THE BEST
  INTEREST OF THE CANAL CORPORATION;
    (II) AN APPRAISAL OF THE FAIR MARKET VALUE OF SUCH PROPERTY  HAS  BEEN
  MADE BY AN INDEPENDENT APPRAISER AND INCLUDED IN THE RECORD OF THE TRAN-
  SACTION;
    (III)  THE  FAIR  MARKET  VALUE  OF SUCH REAL PROPERTY IS GREATER THAN
  FIFTEEN THOUSAND DOLLARS BUT  NOT  GREATER  THAN  SEVENTY-FIVE  THOUSAND
  DOLLARS;
    (IV)  SUCH  REAL  PROPERTY WAS IMPROVED PRIOR TO APRIL FIRST, NINETEEN
  HUNDRED NINETY-TWO UNDER A MUNICIPAL PERMIT OR A PERMIT ISSUED  PURSUANT
  TO  SECTION  ONE HUNDRED OF THE CANAL LAW, THEREBY CREATING AN ENCROACH-
  MENT ON CANAL CORPORATION REAL PROPERTY;
    (V) THE PURCHASER OF SUCH REAL PROPERTY IS, OR WILL BE, THE  OWNER  OF
  THE  IMPROVEMENT  THAT  EITHER  FULLY  OR  PARTIALLY ENCROACHES ON CANAL
  CORPORATION REAL PROPERTY; AND
    (VI) THE CONSIDERATION PAID FOR SUCH REAL PROPERTY WILL  BE  NOT  LESS
  THAN  THE FAIR MARKET VALUE OF THE REAL PROPERTY EXCLUSIVE OF THE VALUE,
  FAIR MARKET OR OTHERWISE, OF THE ENCROACHING IMPROVEMENTS.
    S 2. This act shall take effect immediately.

   EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                        [ ] is old law to be omitted.
                                                             LBD14550-03-2