Title PBA, Public Authorities

§ 1021-g. Sale of surplus power. Whenever any electric power which the\nauthority may acquire creates a surplus over the amount of electric\npower required by the residents of the service area, the authority may\nsell such surplus in territory outside the service area to persons…

§ 1021-h. Audit and annual reports. 1. The accounts of the authority\nshall be subject to the supervision of the comptroller and an annual\naudit shall be performed by an independent certified public accountant\nselected by the directors and shall be made available to the\nmunic…

§ 1021-i. Bonds, notes and other obligations of the authority. 1. The\nauthority shall have power and is hereby authorized from time to time to\nissue its bonds, notes or other obligations, in an aggregate amount not\nto exceed one hundred twenty-five million dollars, for the pu…

§ 1021-j. State and municipalities not liable on bonds or notes or\nother obligations. The securities of the authority shall not be a debt\nof the state or of any municipality, and neither the state nor any\nmunicipality shall be liable thereon. The authority shall not have the\…

§ 1021-k. Agreement of the state. The state does hereby pledge to and\nagree with the holders of any bonds, notes or other obligations issued\nby the authority under this title, that the state will not limit or\nalter the rights hereby vested in the authority to establish and co…

§ 1021-l. Exemption of the authority from taxation. 1. It is hereby\nfound and declared that the operation of the authority is primarily for\nthe benefit of the people of the participating municipalities, counties\nand the state, for the improvement of their health, welfare and\…

§ 1021-m. Actions against the authority. 1. Any action, suit or\nproceeding to which the authority may be a party in which any question\narises as to the validity of this title or the valuation of stock or\nassets acquired by the authority by the exercise of the power of eminent…

§ 1021-n. Equal employment opportunity. All contracts entered into by\nthe authority pursuant to this title of whatever nature and all\ndocuments soliciting bids or proposals therefor shall contain or make\nreference to the following provision:\n The contractor shall not discrim…

§ 1021-o. Limitation of liability; indemnification. 1. The directors,\nofficers and employees of the authority, while acting within the scope\nof their authority as directors, officers or employees, shall not be\nsubject to any personal or civil liability resulting from the exer…

§ 1021-p. Website. The authority shall make accessible to the public,\nvia its official or shared internet website, documentation pertaining to\nits mission, current activities, most recent annual financial reports,\ncurrent year budget and its most recent independent audit repo…

§ 1021-q. Prevailing wage. Whenever the authority enters into any\ncontract, subcontract, lease, grant, bond, covenant or other agreement\nfor or in connection with any construction, demolition, reconstruction,\nexcavation, rehabilitation, repair, renovation, alteration, or\nimp…

§ 1021-r. Periodic review by legislature. Beginning in the year two\nthousand fifteen, and not more than every ten years thereafter, the\nlegislature of the state of New York shall conduct a comprehensive\nreview, of the structure, activities and operations of the NCPA, and the\…

§ 1021-s. Severability. The provisions of this title are severable,\nand if any clause, sentence, paragraph, action or part of this title, or\nthe application thereof to any person or circumstance, shall be adjudged\nby any court of competent jurisdiction to be invalid or unenfo…

* § 1025. Short title. This title may be cited as the "Albany Light,\nHeat and Power Authority Act."\n * NB Terminated July 1, 1963\n

* § 1026. Albany Light, Heat and Power Authority. There is hereby\ndefined and established an area in the county of Albany to be known as\nthe "Albany light, heat and power district," which shall embrace all the\nterritory comprised within the cities of Albany, Cohoes and Waterv…

* § 1027. Members of authority. The members, constituting the board of\ndirectors of the authority, shall consist of not exceeding five persons,\nto be appointed by the board of supervisors of Albany county. Three\nmembers shall when appointed be residents of the city of Albany …

* § 1028. Enlargement of district. Whenever it shall appear to the\nboard of supervisors that the area included within the district should\nbe extended it shall adopt a resolution stating the additional territory\nto be included which may be all the territory within one or more …

* § 1029. Powers of the board. The power conferred by this title shall\nbe exercised by the board of directors of the authority, subject to the\nterms of such title. In the exercise of those powers, either directly or\nthrough its officers and employees, the board may do the fol…

* § 1030. Deposit for temporary possession of property. Whenever the\nauthority, in any proceedings instituted by it for the acquisition of\nany existing plant or plants by condemnation, shall make application for\ntemporary possession pursuant to the provisions of section twent…

* § 1031. Properties acquired by the authority. The board of\nsupervisors, when appointing the authority, may adopt a resolution\nproviding, or it may by later agreement with the authority provide, that\nall properties acquired by the authority shall be acquired in or\ntransferr…

* § 1032. Power to furnish service within district. The authority\nshall have power to construct or acquire, by purchase or condemnation,\nor to lease, and to equip, own and operate, within or without the\nterritorial limits of the county, any plant, works, structures, poles,\nl…

* § 1033. Power to contract with municipalities within district. The\nauthority shall also have power to contract with the governing body of\nany municipality within the district with a view to the construction,\nacquisition, maintenance and operation of any such service for or …

* § 1034. Sale of surplus. Whenever the productive capacity of the\nplants and properties of the authority together with any gas or\nelectrical energy which it may acquire from other sources, creates a\nsurplus over the amount of light, heat and power, in any of such\nservices, …

* § 1035. Bonds of the authority. The bonds, certificates of\nindebtedness and other obligations of the authority, unless disposed of\nto the Reconstruction Finance Corporation, the federal emergency\nadministrator of public works or any other federal agency, shall be sold\nat p…

* § 1036. Referendum. No bonds shall be issued under this title by the\nauthority in an aggregate amount at any time outstanding exceeding ten\nmillion dollars. No such bonds shall be issued by the authority without\nthe approval of a majority of the electors of the district vot…

* § 1037. State and county not liable on bonds. The bonds and other\nobligations of the authority shall not be a debt of the state or of the\ncounty, and, subject to section one thousand forty-one, the board shall\nhave no power to make them payable out of any funds except those…

* § 1038. When bonds legal investments for fiduciaries. On or before\nJanuary first of each year commencing with the year nineteen hundred\nthirty-six, the comptroller shall file with the superintendent of banks\nhis certificate stating the average annual revenues of the authori…

* § 1039. Exemption from taxation. The real and personal property of\nthe authority shall be exempt from all taxation, and so shall all of its\nactivities and operations, except that the owners of its bonds and other\nobligations shall be subject to transfer and estate taxes.\n …

* § 1040. Remedies of bondholders. 1. If, and to the extent, and in\nthe events, provided in the resolution authorizing the bonds, the\nholders of not less than twenty-five per centum in the aggregate\nprincipal amount of bonds at any time outstanding, may by instrument or\ninst…

* § 1041. County may levy tax within district. Should it appear to the\nboard of supervisors at any time that the revenue of the authority is or\nwill be insufficient to provide for the payment of any bonds issued\nunder this title and to reimburse the county for any moneys that…

* § 1042. Examination by comptroller. The state comptroller and his\nlegally authorized representatives are hereby authorized and empowered\nfrom time to time and when requested by the authority the comptroller is\nhereby directed, to examine the accounts and books of the author…

* § 1043. Title not affected if in part unconstitutional or\nineffective. If any section, clause or provision of this title shall be\nunconstitutional or be ineffective in whole or in part, in its terms or\nin its operation, to the extent that it is not unconstitutional or\ninef…

* § 1044. Inconsistent provisions in other acts superseded. In so far\nas the provisions of this title are inconsistent with the provisions of\nany other act, general or special, the provisions of this title shall be\ncontrolling.\n * NB Terminated July 1, 1963\n

§ 1045-a. Short title. This title shall be known and may be cited as\nthe "New York city municipal water finance authority act".\n

§ 1045-aa. Separability clause. If any section, clause or provision in\nthis title shall be held by a competent court to be unconstitutional or\nineffective in whole or in part, to the extent that it is not\nunconstitutional or ineffective, it shall be valid and effective, and n…

§ 1045-b. Definitions. As used or referred to in this title, unless a\ndifferent meaning clearly appears from the context:\n 1. "Authority" shall mean the public benefit corporation created by\nsection one thousand forty-five-c of this title, known as the New York\ncity municipa…

§ 1045-bb. Effect of inconsistent provisions. Insofar as the\nprovisions of this title are inconsistent with the provisions of any\nother law, general, special or local or of the city charter or any local\nlaw, ordinance or resolution of the city, the provisions of this title\ns…

§ 1045-c. New York city municipal water finance authority. 1. A\ncorporation known as the New York city municipal water finance authority\nis hereby created for public purposes and charged with the duties and\nhaving the powers provided in this title. The authority shall be a bo…

§ 1045-d. General powers of the authority. Except as otherwise limited\nby this title, the authority shall have power:\n 1. To sue and be sued;\n 2. To have a seal and alter the same at pleasure;\n 3. To borrow money and issue negotiable or non-negotiable notes, bonds\nor other …

§ 1045-e. Approval of water projects. The authority shall not enter\ninto any contract or agreement with the city or the water board with\nrespect to the financing of any water project pursuant to section one\nthousand forty-five-i of this title, unless the state commissioner of…

§ 1045-f. Water board. 1. A city water board may be created by a\nspecial act of the state legislature at the request of the city, as a\nbody corporate and politic, constituting a corporate municipal\ninstrumentality of the state and having the powers and duties as\nprovided in …

§ 1045-g. General powers of the water board. Except as otherwise\nlimited by this title, the water board shall have power:\n 1. To sue and be sued;\n 2. To have a seal and alter the same at pleasure;\n 3. To make and amend by-laws for its organization and internal\nmanagement, a…

§ 1045-h. Transfer of sewerage or water systems by the city to the\nwater board. 1. The city may, acting either by the mayor alone or by\nresolution of the board of estimate of the city, enter into an agreement\nwith the water board for the transfer to the water board, for use i…

§ 1045-i. Agreement among the water board, the city and the authority\nfor the provision of water projects. 1. The authority, the water board\nand the city, acting either by the mayor alone or by resolution of the\nboard of estimate of the city, may enter into agreements for the…

§ 1045-j. Imposition and disposition of sewer and water fees, rates,\nrents or charges. 1. The water board shall establish, fix and revise,\nfrom time to time, fees, rates, rents or other charges for the use of,\nor services furnished, rendered or made available by, the sewerage…

§ 1045-k. Tax exemption of the water board property and activities. 1.\nIt is hereby determined that the creation of a water board and the\ncarrying out of its corporate purposes is in all respects for the\nbenefit of the city and is a public purpose and the water board shall be…

§ 1045-l. Pledge effective without filing or recording. Any provision\nof the uniform commercial code to the contrary notwithstanding, any\npledge of or other security interest in revenues or other personal\nproperty made or created by the authority, the water board or the city\…

§ 1045-m. Governmental capacity of the authority, the water board and\nthe city. The authority, the water board and the city in carrying out\ntheir respective powers and duties under this title, shall be deemed to\nbe acting in a governmental capacity and in the performance of a…

§ 1045-n. Transfer of officers and employees to and from city and\nstate agencies; retirement rights of officers and employees. Officers\nand employees of city and state agencies may be transferred to the\nauthority or water board and officers and employees of the authority or\n…

§ 1045-o. Bonds of the authority. 1. The authority shall have the\npower and is hereby authorized from time to time to issue bonds, in\nconformity with applicable provisions of the uniform commercial code, in\nsuch principal amounts as it may determine to be necessary to pay the…