§ 1501-b. Additional power of boards of education. 1. The board of
education of any school district is hereby authorized and empowered to
rent or lease for such consideration as may be determined by such board,
a motor vehicle or vehicles owned by the respective school district
during any time when such vehicle or vehicles are not needed for the
transportation of such children, which are otherwise used for the
transportation of the school children of such district to:

(a) any senior citizens center or organization that is recognized and
funded by the office for the aging;

(b) any non-profit incorporated organization serving senior citizens;

(c) any non-profit incorporated organization serving the physically or
mentally handicapped;

(d) any not-for-profit organization that provides recreation, youth
services, or the operation of playgrounds or neighborhood recreation
centers;

(e) any municipal corporation, as defined in the general construction
law;

(f) any not-for-profit organization providing transportation services
in rural counties as defined in section seventy-three-c of the
transportation law for children participating in the agricultural child
care program authorized by the agriculture and markets law; and

(g) an operator of a coordinated public transportation service, as
defined by section seventy-three-c of the transportation law, for the
purpose of providing a portion of a coordinated public transportation
service plan as authorized by article two-F of the transportation law.

(h) any not-for-profit organization, community based organization, or
educational or employment and training agency which provides education
or employment and training services for youths and adults in a rural
county, as defined by section seventy-three-c of the transportation law.

(i) any fire company as defined in subdivision two of section three of
the volunteer firefighters' benefit law, or an ambulance company as
defined in subdivision two of section three of the volunteer ambulance
workers' benefit law.

2. In the event a school district is wholly or partially located in a
county which has appointed a services coordinator as defined in section
seventy-three-c of the transportation law, the board of education of
such school district is authorized and empowered to contract, for such
consideration as it shall determine, to store, maintain and repair any
motor vehicle of and provide driver training for the operator of any
motor vehicle used to provide a portion of a coordinated public
transportation service as authorized by article two-F of the
transportation law and owned by any municipal corporation as defined by
the general construction law or any not-for-profit incorporated
organization providing a portion of a coordinated public transportation
services plan as authorized by article two-F of the transportation law.
The board of education of such school district shall not enter into such
contract until it is determined that it presently has the capability and
facilities necessary for provision of such services and that provision
of such services will not adversely affect the ability of the district
to provide educational services to the children of such school district.

3. The board of education of any school district is also authorized
and empowered to contract with an operator of a coordinated public
transportation service for the purpose of providing any other portion of
a coordinated public transportation services plan as authorized by
article two-F of the transportation law, provided that such board of
education of such school district has determined that it presently has
the capability and facilities necessary for provision of such services
and that provision of such services will not adversely affect the
ability of the district to provide educational services to the school
children of such district.

4. In any case where such motor vehicle is leased pursuant to
subdivision one of this section or where any services are contracted for
pursuant to subdivision two or three of this section, the consideration
to be received for such lease or contract shall not be less than the
full amount of the costs and expenses resulting from such lease or
contract.

(a) For the purposes of this section, the full amount of the costs and
expenses resulting from any lease of any vehicle pursuant to subdivision
one of this section shall include but not be limited to the costs of
operation, maintenance and repair of such vehicle, the current fair
market value of the purchase price of the vehicle annualized for the
vehicle's remaining useful life, the cost of public liability and
property damage insurance, fire insurance and compensation insurance of
drivers and the cost of collision insurance in the amount of the value
of the vehicle to protect the lessor.

(b) For the purposes of this section, the full amount of the costs and
expenses resulting from any contract for services pursuant to
subdivision two or three of this section shall include but not be
limited to that portion of the costs of any employees, equipment or
facilities which can be attributed to the provision of such services.