N.Y. Urban Development Corporation Act 174/68 § 14: Acquisition of real property from a municipality or an urban renewal agency

§ 14. Acquisition of real property from a municipality or an urban

renewal agency. (1) Notwithstanding anything to the contrary contained

in article fifteen or article fifteen-A of the general municipal law or

in any general, special or local law applicable to the sale of real

property by a municipality or an urban renewal agency, a municipality or

an urban renewal agency may, in addition to employing any other lawful

method of utilizing or disposing of any real property and appurtenances

thereto or any interest therein owned by such municipality or urban

renewal agency or acquired by such municipality or urban renewal agency

pursuant to article fifteen of article fifteen-A of the general

municipal law, sell, lease for a term not exceeding ninety-nine years,

or otherwise dispose of any such real property and appurtenances thereto

or any interest therein to the corporation for the effectuation of any

of the purposes of an urban renewal program, without public auction, or

sealed bids or public notice.

(2) Notwithstanding the provisions of any general, special or local

law or charter, any municipality, by resolution of its local governing

body, is hereby empowered without referendum, public auction, sealed

bids or public notice, to sell, lease for a term not exceeding

ninety-nine years, grant or convey to the corporation any real property

owned by it which the corporation shall certify to be necessary or

convenient for its corporate purposes. Any such sale, lease, grant or

conveyance shall be made with or without consideration and upon such

terms and conditions as may be agreed upon by such municipality and the

corporation. Certification shall be evidenced by a formal request from

the president of the corporation. Before any such sale, lease, grant or

conveyance may be made to the corporation, a public hearing shall be

held by the local governing body to consider the same. Notice of such

hearing shall be published at least ten days before the date set for the

hearing in such publication and in such manner as may be designated by

the local governing body.