New York A10673 increases the maximum rental period for BOCES properties to 20 years.

New York A10673 amends the education law and the general municipal law to increase the maximum rental period for BOCES properties to 20 years. This bill allows for leases longer than ten years if they are established in accordance with specific provisions. It also requires the board of education or trustees to adopt a resolution determining that such an agreement is in the best financial interests of the supervisory district and to disclose any conflicts of interest to the commissioner. The commissioner's written approval is necessary for leases longer than ten years.

New York A10673 increases the maximum rental period for BOCES properties to 20 years.

New York A10673 amends the education law and the general municipal law to increase the maximum rental period for BOCES properties to 20 years. This bill allows for leases longer than ten years if they are established in accordance with specific provisions. It also requires the board of education or trustees to adopt a resolution determining that such an agreement is in the best financial interests of the supervisory district and to disclose any conflicts of interest to the commissioner. The commissioner's written approval is necessary for leases longer than ten years.