690 – Short Title.

§ 690. Short title. This article shall be known and may be cited and referred to as the “urban development action area act”.

691 – Policy and Purposes of Article.

§ 691. Policy and purposes of article. There exist in many municipalities within this state municipally-owned areas which were acquired pursuant to the urban renewal powers delineated in article fifteen of this chapter or through condemnation for projects now abandoned or as a direct result of previous landowners’ failure to meet in full their real […]

692 – Definitions.

§ 692. Definitions. As used in this article the following terms shall mean: 1. “Governing body”. The local legislative body. 2. “Municipality”. A city having a population of one hundred thousand or more and the town of Huntington. 3. ” Eligible area”. Real property, title to which is held by a municipality. Provided, however, that […]

693 – Area Designation.

§ 693. Area designation. An urban development action area shall by resolution be designated by the governing body, or by the commission where so authorized to act by the governing body, on its own initiative or upon recommendation of the agency, provided at least sixty percent of such area is an eligible area. Any such […]

694 – Urban Development Action Area Project and Approval Thereof.

§ 694. Urban development action area project and approval thereof. 1. Following or in conjunction with the designation of an area or the waiver of an area designation pursuant to section six hundred ninety-three of this article, the agency shall prepare or cause to be prepared, with provisions which, where appropriate, are expressly designed to […]

695 – Disposition of Property.

§ 695. Disposition of property. 1. In addition to employing any other lawful method of utilizing or disposing of an eligible area, a municipality may sell, lease for a term not exceeding ninety-nine years, or otherwise dispose of any such real property and appurtenances thereto, to any person, firm or corporation at the highest marketable […]

696 – Tax Incentives.

§ 696. Tax incentives. Upon the consent of the governing body of any municipality in which an urban development action area project is or is to be located, the real property of a project may be exempted from local and municipal taxes, other than assessments for local improvements and land value, to the extent of […]

696-A – Loans.

* § 696-a. Loans. 1. a. Notwithstanding the provisions of any general, special or local law, an agency is hereby authorized to make or contract to make grants or loans to the owner of any property that is part of an urban development action area project for the purpose of (i) rehabilitation of an existing […]

696-B – Condemnation.

§ 696-b. Condemnation. Notwithstanding any inconsistent provision of any general, special or local law, a municipality shall be authorized to exercise its power of eminent domain pursuant to the eminent domain procedure law for the purpose of condemning any interest of a third party in real property which may continue subsequent to the vesting of […]

696-C – Site Preparation.

§ 696-c. Site preparation. A municipality shall be authorized to undertake site preparation for each eligible area prior to its disposition. Such site preparation may include, but need not be limited to, demolition, site clearance and the curing of problems caused by abnormal site conditions.

696-D – Neighborhood Improvement Projects.

§ 696-d. Neighborhood improvement projects. 1. As used in this section the term “neighborhood improvement project” shall mean any non-residential use permitted by local zoning. 2. Notwithstanding the provisions of any general, special or local law, the agency in a city having a population of one million or more is hereby authorized to make or […]

697 – Application of Article.

§ 697. Application of article. The provisions of this article shall be applicable in any municipality wherein the local legislative body has adopted a resolution providing therefor, provided however, that at any time subsequent to the adoption of such a resolution the local legislative body may adopt a further resolution providing that the provisions of […]

698 – Severability.

§ 698. Severability. If any clause, sentence, paragraph, section or part of this act shall be adjudged by any court of competent jurisdiction to be invalid or unconstitutional, such judgment shall not affect, impair or invalidate the remainder thereof, but shall be confined in its operation to the clause, sentence, paragraph, section or part thereof […]