New York PBL Code § 19-A

State aid; certain state-leased or state-owned lands
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§ 19-a. State aid; certain state-leased or state-owned lands. 1. State\naid shall be payable to any city having a population of seventy-five\nthousand or more inhabitants, according to the most recent federal\ndecennial census, when on any assessment roll the taxable assessed\nvaluation in such city is decreased in any year by reason of the\nacquisition of lands and improvements thereon by the state or an agency\nof the state for use thereof or for the construction of facilities for\nany purpose other than highway purposes, and the sum of the amount of\nsuch decrease in taxable assessed valuation and the amount of the\nassessed valuation of other property owned by the state or agency of the\nstate, excluding any such property owned or used by a state public\nauthority, which is exempt from taxation, is equal to or exceeds\ntwenty-five percent of the total taxable assessed valuation of such\nroll.\n  2. The state aid payable to a city pursuant to this section shall be\ncomputed and paid as follows:\n  (1) Commencing with the first fiscal year of such city subsequent to\nthe taxable status date of the assessment roll of such city occurring\nafter the acquisition of such land and improvements thereon by the state\nor agency of the state and for each fiscal year thereafter to and not\nincluding the first fiscal year of such city subsequent to the taxable\nstatus date of such roll occurring after the final completion of\nconstruction of such facilities on such land, an amount shall be paid\nequal to the amount of taxes levied by or in behalf of the city against\nsuch lands and the improvements thereon on the last assessment roll\nfinally completed prior to the acquisition by the state or agency of the\nstate;\n  (2) Commencing with the first fiscal year of such city subsequent to\nthe taxable status date of the assessment roll of such city occurring\nafter the final completion of the construction of such facilities and\nfor each fiscal year thereafter for the period of probable usefulness as\nset forth in section sixty-one of the state finance law of such\nfacilities or of such lands on which the facilities are constructed\nwhichever is longer but in no event to exceed a period of thirty years,\nan amount equal to one percent of the sum of the actual acquisition cost\nof the land and the improvements thereon and the actual cost of the\nconstruction of facilities thereon, provided, however, that the state\ndirector of the budget and the mayor of a city with the approval of the\nlegislative body of such city may agree in writing that such state aid\nmay be an amount less than herein provided or that such city shall not\nmake application for any such aid under this section; and\n  (3) The aggregate amount of state aid paid pursuant to this section,\nexclusive of the amount of state aid paid pursuant to subdivision two-a\nof this section, shall in no event exceed the aggregate amount of state\naid provided in paragraph two of this subdivision.\n  2-a. (1) Notwithstanding any provision of this section to the\ncontrary, in addition to state aid otherwise payable pursuant to this\nsection, there shall be payable to any city located in a county in which\nthere has been constructed a state office building project in accordance\nwith the provisions of chapter one hundred fifty-two of the laws of\nnineteen hundred sixty-four, as amended, and pursuant to an agreement\nentitled the "South Mall contract" dated May eleventh, nineteen hundred\nsixty-five, state aid in accordance with the following schedule:\n               State Fiscal Year\n                                   Amount\n               2000-2001           $4,500,000\n               2001-2002           $4,500,000\n               2002-2003           $4,500,000\n               2003-2004           $9,850,000\n               2004-2005           $16,850,000\n               2005-2006           $22,850,000\n               2006-2007           $22,850,000\n               2007-2008           $22

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