N.Y. Canal Law § 56: Conditions and terms of leases

§ 56. Conditions and terms of leases. Leases for canal lands, canal

terminals and canal terminal lands shall include:

1. the period of time for such leases, provided that the initial term

of such leases may not exceed forty years, and renewals of such leases

may not exceed an additional forty years beyond such initial terms;

2. requirements that the lessee take no actions or construct no

improvements that will interfere with navigation, except that if the

corporation determines that any potential adverse interference with

navigation can be reasonably mitigated, the corporation shall include in

the lease such requirements as may be necessary to effectuate mitigation

of impediments to navigation;

3. proper covenants to assure the payment of adequate consideration

for the interests leased, and to further protect the state and the

corporation as is deemed necessary by the corporation;

4. provisions requiring that payments on the lease shall be paid to

the corporation;

5. provisions relating to public access, where feasible, to lands and

waters of the canal system; provided however that the corporation may

require that public access be restricted in those cases where the

corporation determines that public safety will be served by such

restriction;

6. provisions providing a right of entry for commission and

corporation members and personnel and equipment for canal purposes; and

7. such other terms as the corporation shall determine are necessary

and appropriate for the implementation of this article and the

preservation of the state's interest in the canal system.