New York S08904 increases the maximum rental period for BOCES properties to 20 years.

New York S08904 amends the education law and general municipal law to increase the maximum rental period for BOCES properties from ten to 20 years. The bill allows boards of cooperative educational services to lease suitable land, classrooms, offices, or buildings for up to 20 years, provided the lease is approved by the commissioner. The commissioner's approval must include a finding that the proposed lease complies with all requirements and is more cost-effective than a lease of ten years or fewer. The bill also allows for lease renewals for up to ten years.

New York S08904 increases the maximum rental period for BOCES properties to 20 years.

New York S08904 amends the education law and general municipal law to increase the maximum rental period for BOCES properties from ten to 20 years. The bill allows boards of cooperative educational services to lease suitable land, classrooms, offices, or buildings for up to 20 years, provided the lease is approved by the commissioner. The commissioner's approval must include a finding that the proposed lease complies with all requirements and is more cost-effective than a lease of ten years or fewer. The bill also allows for lease renewals for up to ten years.