New York Public Authorities Code § 3632

Transfer of property; relationship with county; certain gifts, loans, and guarantees by the county
Open in Lexace · Ask the AI about this section
§ 3632. Transfer of property; relationship with county; certain gifts,\nloans, and guarantees by the county. 1. (a) The county may give, grant,\nsell, convey, lend, license the use of, or lease to the corporation, and\nthe corporation may accept any property (except monies appropriated by\nthe county and payable to the corporation pursuant to subdivision three\nof this section) which are useful in connection with the exercise by the\ncorporation of any of its powers under this title in order to transfer\nthe facilities and operations of the Erie County Medical Center\nhealthcare network to the corporation by agreement between the county\nand the corporation and any subsequent renewal or amendment thereof, by\nlocal law adopted by a majority vote of the Erie county legislature,\nnotwithstanding any general, special, or local law, ordinance,\nresolution, or charter.\n  (b) Any such gift, grant, sale, conveyance, loan, license, or lease\nshall be upon such terms and conditions, for such consideration, if any,\nand for such term or terms of years, subject to the rights of the\nholders of any bonds, as the corporation and the county may agree. No\nreal property of the county consisting of any health facility operated\non the effective date of this title by the Erie County Medical Center\nhealthcare network shall be transferred to the corporation in fee,\nexcept under such restrictions regarding rights of first refusal in\nfavor of the county and subject to a right of reverter in the event that\nthe corporation should cease to use such property for the provision of\nresearch, education, and health care, or other rights, to repurchase the\nproperty as the Erie county legislature shall approve by act, and\nsubject to a restrictive covenant prohibiting the corporation from\npledging or mortgaging the fee interest in the property. In the event\nthat the county gives, grants, sells, conveys, lends, licenses, or\nleases any facilities to the corporation, the county may contract with\nthe corporation to lease, borrow, license, operate, maintain, manage,\nand provide services for such facilities upon such terms and conditions\nand for such term or terms of years, subject to the rights of holders of\nbonds, as the corporation and the county may agree. The corporation, in\nfurtherance of any purchase, conveyance, or lease of any property or\nfacility from the county, may assume the primary responsibility for the\npayment of the principal and interest on any bonds or notes issued by\nthe county for such property or facility.\n  2. The county may acquire by purchase, grant, lease, gift, or\ncondemnation, pursuant to the eminent domain procedure law, real\nproperty in the name of the county for any corporate purpose of the\ncorporation.\n  3. In addition to any other powers granted to it by law and consistent\nwith the constitution and other provisions of law, the county shall\nappropriate sums of money to defray project costs or any other costs or\nexpenses of the corporation, including operating expenses.\n  4. On the effective date of the transfer of the facilities and\noperations of the Erie County Medical Center healthcare network pursuant\nto an agreement between the corporation and the county, the Erie County\nMedical Center board of managers shall cease to be responsible for\noperation of the network; provided, however, that the county shall\ncontinue the existence of the board of managers in the event that the\ncontract between the corporation and the county requires the operation\nof the network to revert to the county in the event that the corporation\nshould cease to use such property for the provision of health care or\nthe corporation otherwise fails to meet its obligations under any\nagreement between the county and the corporation.\n  5. The county shall maintain its efforts to provide annual operating\nfunding to the corporation to permit it to serve all uninsured and\nunder-insured patients, foster its role as a teaching hospit

‹ Prev All New York sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.