§ 55. Authority to lease land. 1. The corporation is hereby authorized, after review and comment by the commission as to consistency with the canal recreationway plan approved pursuant to section one hundred thirty-eight-c of this chapter and section three hundred eighty-two of the public authorities law, to enter into leases of canal lands, canal […]
§ 56. Conditions and terms of leases. Leases for canal lands, canal terminals and canal terminal lands shall include: 1. the period of time for such leases, provided that the initial term of such leases may not exceed forty years, and renewals of such leases may not exceed an additional forty years beyond such initial […]
§ 57. Special conditions for leases entered prior to approval of canal recreationway plan. 1. In the period between the effective date of this section and the completion of the canal recreationway plan, the commission shall review and comment on proposed leases with respect to the consistency of such leases with the provisions of this […]