Gov. Kathy Hochul on Friday signed a bill to form a land authority tasked with finding new purposes for several properties owned by the former College of Saint Rose in the Pine Hill neighborhood of Albany, according to the state Senate

The legislation creates the Albany County Pine Hills Land Authority Act to help redevelop dozens of properties left vacant by the recent closure of the more than 100-year-old college, which held its final graduation ceremony this spring.

It establishes the seven-member Albany County Pine Hills Land Authority, to be staffed with four members appointed by the county executive, two members named by the chair of the Albany County Legislature and one member from the city mayor. Each member will serve four-year terms.

The legislation was introduced in May by state Sen. Neil Breslin, state Assemblymember Patricia Fahy and Assemblymember John McDonald.