Relates to the Rome urban renewal agency; and to transfer any books, records and remaining rights of the dissolved agency to the city of Rome; repealer

BILL NUMBER:S8095

Title of bill

An act to repeal certain provisions of the general municipal law relat- ing to the Rome urban renewal agency; and to transfer any books, records and remaining rights of the dissolved agency to the city of Rome

Purpose or general idea of bill

This bill relates to the Rome urban renewal agency; and to transfer any books, records and remaining rights of the dissolved agency to the city of Rome.

Summary of specific provisions

Section One of the bill would repeal Title 34 of article 15-8 of the general municipal law. Section Two would transfer existing records, property, liabilities, rights, titles and interest of the Rome urban renewal agency to the City of Rome. Section Three would provide for the effective date.

Justification

Pursuant to General Municipal Law Section 603, the Rome Urban Renewal Agency was created by the State of New York for the purpose of redevel- opment of substandard and unsanitary areas of the City of Rome through replanning, reconstruction, rehabilitation and concentrated code enforcement. The efficacy of the Rome Urban Renewal Agency has dimin- ished over the course of the last ten (10) years and the goals of same have been met or are being carried out by the City of Rome Department of Community and Economic Development. The Rome Urban Renewal Agency is the title holder to 19 parcels of real property located within the City of Rome, including the property known and commonly referred to as Old City Hall. The Rome Urban Renewal Agency maintains a fund balance of approxi- mately $192,259.02 and has paid to the City of Rome the sum of approxi- mately $25,000.00 per year for the payment of a municipal bond held in the name of the City of Rome. With the amendment of the Public Authori- ties Law by New York State, the Rome Urban Renewal Agency is now required to undertake a variety of actions for which it lacks the fund- ing or staffing to perform. The City of Rome believes that the functions of the Rome Urban Renewal Agency can be performed more effectively by the Department of Community and Economic Development. Furthermore, it is the consensus of the members of the Rome Urban Renewal Agency that said entity has completed its mission and ceased to be useful.

Prior legislative history

This is a new bill.

Fiscal implications

None to the State.

Effective date

This act shall take effect on the sixtieth day after it shall have become a law.