New York MCF Code § 9

Special provisions relating to the municipal health facilities improvement program
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§ 9. Special provisions relating to the municipal health facilities\nimprovement program. Notwithstanding any other provisions of law,\ngeneral, special or local, or any provision of any charter or ordinance:\n  1. A municipality is hereby authorized to execute and deliver to the\nagency for such consideration as may be determined by the municipality,\nthe agency and the health and mental hygiene facilities improvement\ncorporation, but not to exceed the cost of acquisition thereof to the\nmunicipality and the cost of improvements thereon, a lease for a term\nnot exceeding fifty years or a quit claim deed conveying to the agency\nall right, title and interest of such municipality in and to real\nproperty, for the purpose of constructing, reconstructing,\nrehabilitating, or improving one or more health facilities pursuant to\nthis act and the health and mental hygiene facilities improvement act\nfor subsequent lease or sublease to such municipality, in accordance\nwith the terms of any agreement entered into pursuant to this act and\nthe health and mental hygiene facilities improvement act.\n  2. A municipality is hereby authorized to lease or sublease from the\nagency the health facilities acquired, constructed, reconstructed,\nrehabilitated or improved pursuant to this act and the facilities\ndevelopment corporation act in accordance with the terms of any\nagreement entered into pursuant to this act and the facilities\ndevelopment corporation act. At such time as all rentals due or to\nbecome due to the agency pursuant to the terms of any such lease or\nsublease have been paid or such lease or sublease is terminated pursuant\nto the provisions thereof, the jurisdiction of the agency over the real\nproperty leased or conveyed pursuant to this section, together with the\nimprovements thereon shall cease and all interest real and personal in\nsuch real property and improvements vested in the agency shall vest in\nthe municipality with right of re-entry thereon.\n  3. No real property interest therein shall be acquired by the agency\npursuant to this section unless title thereto shall have been approved\nby the attorney general.\n  4. The attorney general shall pass upon the form and sufficiency and\nmanner of execution of any deed of conveyance and of any lease or\nsublease to which the agency and a municipality are parties, and the\nsame shall not be effecteive unless approved by him.\n  5. In the event that the agency shall fail within five years from the\ndate of a lease or conveyance authorized pursuant to this section to\nconstruct, reconstruct, rehabilitate or improve the health facilities\nthereon for which the lease or conveyance was made, as provided for in\nany agreement entered into pursuant to this act and the health and\nmental hygiene facilities improvement act, or in the event that such\nhealth facilities shall cease to be used for the purposes intended, then\nand in either event but subject to the terms of any lease, sublease or\nother agreement between the agency and the municipality, such real\nproperty and any health facilities thereon shall revert to the\nmunicipality with right of re-entry thereupon and such lease or deed\nshall be made subject to such conditions; provided, however, that as a\ncondition precedent to the exercise of such right of re-entry the\nmunicipality shall pay to the agency an amount equal to the purchase\nprice of such real property, the depreciated cost of any health\nfacilities constructed, reconstructed, rehabilitated or improved, and\nall other costs of the agency incident to the acquisition of such real\nproperty and the financing of construction, reconstruction,\nrehabilitation or improvement relating to such facilities, all as\nprovided in the aforesaid lease, sublease or other agreement entered\ninto with such municipality.\n  6. In the event that the agency shall determine that any portions of\nthe real property leased or conveyed pursuant to this section are in\nexcess of the

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