2010 New York Code
MHY - Mental Hygiene
Title E - GENERAL PROVISIONS
Article 41 - (41.01 - 41.57) LOCAL SERVICES
41.48 - Real property acquisition options.

§ 41.48 Real property acquisition options.
    (a)  Notwithstanding  any  inconsistent  provision of this article and
  within appropriations made therefor, the commissioners of the office  of
  mental  health and the office for people with developmental disabilities
  are authorized upon the  application  of  voluntary  agencies,  to  make
  payments  for  the reasonable price of options to acquire an interest in
  real property, for  the  purpose  of  establishing  a  community  mental
  hygiene  facility.  Such applications shall be made in the manner and on
  forms prescribed  by  the  appropriate  commissioner.  Sellers  of  real
  property  who  are  required  to  disclose financial or other beneficial
  interests in such property under section 41.46 of this article shall not
  be eligible to receive payments under this section.
    (b) The comptroller is authorized, pursuant  to  section  one  hundred
  fifteen  of  the  state finance law, to establish a cash advance account
  for the purpose of payment of options under this section. Such  payments
  may  only  be  made  by a bonded employee, designated by the appropriate
  commissioner,  from  the  cash  advance  account  established  for  such
  purpose.
    (c)  As used in this section the term "reasonable price" shall mean an
  amount that is not in excess of guidelines developed by the commissioner
  of the office of mental health or the commissioner  of  the  office  for
  people  with  developmental disabilities and approved by the director of
  the budget and the state comptroller.

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