Bill > S08403

This bill authorizes the town of Cortlandville in Cortland County to discontinue a small portion (0.03 acres) of existing parkland and lease it to Park Outdoor Advertising of New York, Inc. for up to ten years, specifically to erect and operate an electronic sign. The lease must be at fair market value, and importantly, all proceeds from the lease must be dedicated to acquiring new parklands or making capital improvements to existing park and recreational facilities. The bill validates a previous lease that was executed without prior state legislative authorization. If the leased land stops being used for the intended electronic sign purpose, the land will automatically revert back to the town for public park use, with the sign being removed and the property restored to its previous state. Additionally, if the parkland was originally purchased with federal funding, the town must first comply with any federal requirements regarding parkland conversion, including ensuring that any replacement land is equivalent in value and usefulness. The act takes effect immediately upon passage.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/S8403