Current through Register Vol. 46, No. 45, November 2, 2024
Section 165-3.12 - Specific agreement requirements-new facility operation agreements(a) Where a not-for-profit corporation is the recipient of a new facility operation agreement, the agreement shall also provide that: (1) the state shall hold title to the youth center;(2) the state shall lease the youth center back to the not-for-profit corporation;(3) the not-for-profit corporation shall operate the youth center program in lieu of payment of rent for a period of time to be determined by the division;(4) the not-for-profit corporation which is the recipient of an award shall operate the youth center program or programs in the manner specified in its application; and(5) the division shall be notified immediately on tax liens or planned financial or organizational restructuring of the not-for-profit corporation including but not limited to a change of name, merger or bankruptcy.(b) Where there is a new facility operation agreement between the state and the municipality the agreement shall also provide that: (1) the State shall hold title to the youth center;(2) the State shall lease the youth center back to the municipality; and(3) the municipality, or a not-for-profit corporation shall operate the youth center under contract to the municipality or the division in lieu of payment of rent for a period of time to be determined by the division.(c) Where a municipality is the recipient of a new facility operation agreement and a not-for-profit corporation shall operate the youth center under contract to the municipality or the division, the municipality's or the division's agreement with the not-for-profit corporation shall also provide that: (1) the not-for-profit corporation designated in the application shall operate the youth center program or programs in the manner specified in the application; and(2) the division shall be notified immediately of tax liens or planned financial or organizational restructuring of the not-for-profit corporation including but not limited to a change of name, merger or bankruptcy.N.Y. Comp. Codes R. & Regs. Tit. 9 §§ 165-3.12