Bill Text: NY A00240 | 2011-2012 | General Assembly | Introduced

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Bill Title: Allows municipalities to lease naming rights of government-owned property.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2012-05-02 - print number 240a [A00240 Detail]

Download: New_York-2011-A00240-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                          240
                              2011-2012 Regular Sessions
                                 I N  A S S E M B L Y
                                      (PREFILED)
                                    January 5, 2011
                                      ___________
       Introduced by M. of A. LATIMER, GALEF, GUNTHER, CASTRO, SCHIMEL, BOYLAND
         --  Multi-Sponsored  by  -- M. of A. AMEDORE, BURLING, CORWIN, CROUCH,
         GIGLIO,  McDONOUGH,  McKEVITT,  MOLINARO,  REILLY,  SAYWARD,   THIELE,
         TITONE, WEISENBERG -- read once and referred to the Committee on Local
         Governments
       AN ACT to amend the general municipal law, in relation to allowing muni-
         cipalities to lease naming rights for government owned property
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. The general municipal  law  is  amended  by  adding  a  new
    2  section 99-v to read as follows:
    3    S  99-V.  TRANSFER  AND  LEASE  OF  NAMING  RIGHTS. 1. AS USED IN THIS
    4  SECTION THE TERM "MUNICIPALITY" SHALL  MEAN  A  COUNTY,  CITY,  TOWN  OR
    5  VILLAGE.
    6    2.  NOTWITHSTANDING  ANY  OTHER  PROVISION  OF LAW, A MUNICIPALITY MAY
    7  ENTER INTO A CONTRACT TO LEASE THE NAMING RIGHTS OF ANY  PROPERTY  OWNED
    8  BY  SUCH MUNICIPALITY ACCORDING TO THE REQUIREMENTS OF THIS SECTION. THE
    9  CHIEF EXECUTIVE OFFICER OF THE MUNICIPALITY  SHALL  BE  RESPONSIBLE  FOR
   10  NEGOTIATING  THE  CONTRACT, SUBJECT TO THE RATIFICATION OF A MAJORITY OF
   11  THE MEMBERS OF THE LEGISLATIVE BODY OF SUCH MUNICIPALITY.
   12    3. SUCH LEASING AGREEMENT SHALL BE FOR A PERIOD OF NOT LESS  THAN  ONE
   13  YEAR AND NOT MORE THAN FIVE YEARS.
   14    4.  NOTWITHSTANDING  ANY OTHER PROVISION OF LAW, THE PROCEEDS FROM ANY
   15  TRANSACTION DESCRIBED IN THIS SECTION MAY BE USED BY  SUCH  MUNICIPALITY
   16  FOR ANY LAWFUL MUNICIPAL PURPOSE.
   17    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD00307-01-1