N.Y. Education Law § 6219: Conveyance of property

§ 6219. Conveyance of property. 1. a. The city of New York shall on

or before January first, nineteen hundred eighty, by resolution or

resolutions of the board of estimate of such city or by instruments

authorized by such resolutions, convey to the state of New York all

right, title and interest to all real property owned by the city and

used by such university for senior college purposes notwithstanding the

provisions of any general, special or local law, or code or charter.

b. All such conveyances shall contain a provision that if such real

property ceases to be used for such purpose, title to such property

shall revert to the city of New York, provided, however, that until such

time as the city university delivers the notice referred to in paragraph

c of this subdivision with respect to any parcel of such real property,

such parcel shall be deemed to be used for senior college purposes

notwithstanding any change in character, use or occupancy consistent

with such purposes subsequent to the conveyance thereof pursuant to

paragraph a of this subdivision. Notwithstanding the reverter contained

in the foregoing sentence, on the request of the city university

construction fund, the commissioner of general services of the state of

New York may, for the purposes of dormitory authority financing of any

facility conveyed by the city of New York pursuant to paragraph a of

this subdivision, sell, convey, lease or exchange or otherwise make

available to the dormitory authority, for a nominal consideration any

such property, subject to the provision that if title shall be

reconveyed to the state of New York by the dormitory authority

subsequent to satisfaction of indebtedness incurred by the dormitory

authority to finance improvements on such property, such property shall,

subject to paragraph c of this subdivision, again become subject to the

provisions of the first sentence of this paragraph. The conveyance to

the dormitory authority shall be free of the reverter provided for in

the first sentence of this paragraph.

c. If any property which is subject to the reverter contained in the

first sentence of paragraph b of this subdivision ceases to be used for

senior college purposes, the city university shall notify the

commissioner of general services of the state of New York and the

director of management and budget of the city of New York in writing of

such event within sixty days. Upon the giving of such notice the

reverter contained in the first sentence of paragraph b of this

subdivision shall become effective and the state shall provide the city

with a duly executed deed in recordable form.

d. If the city shall (i) use property so deeded to it with

improvements wholly paid for by the state or (ii) sell or otherwise

dispose of property so deeded to it with improvements wholly paid for by

the state, then, within thirty days after the beginning of the city

fiscal year immediately following such conveyance, the city shall pay to

the state an amount equal to the current appraised value of such

improvements in such property.

e. The commissioner of general services of the state of New York may,

on the request of the city university construction fund for the purposes

of dormitory authority financing of the portion of the Staten Island

Developmental Center which is to be used by city university for senior

college purposes exclusively, sell, convey, lease or exchange or

otherwise make available to the dormitory authority such state lands,

situate within the county of Richmond, the city of New York, upon such

terms and conditions including consideration as the commissioner may fix

and determine with the approval of the director of the budget. However,

in the event that all or any part of such property should not be

utilized for senior college purposes exclusively, such property will

revert back to the state of New York.

2. Real property being used on the effective date of this article or

to be used by the city university for senior college purposes which is

encumbered by bonds, mortgages or similar debt instruments and title to

which is held by an agency of the state subject to the provision that

such title shall be conveyed to the city of New York by such state

agency when such outstanding indebtedness has been satisfied, shall upon

being so conveyed to such city by such agency thereupon be re-conveyed

by such city to the state of New York.

3. Notwithstanding any other provisions of law, the provisions of this

section shall apply to Medgar Evers college.