"to replace by something new," 1610s, from past participle stem of Latin novare "to make new," from novus "new" (see new).
Online Etymology Dictionary, © 2010 Douglas Harper
Examples from the Web for novate
He was therefore stopped, on the 25th of July, in the village of Novate, near the lake of Chiavenne.Memoirs of the Court of St. Cloud, Complete