Title PBA, Public Authorities

§ 1436. State and city not liable on bonds. The bonds and other\nobligations of the authority shall not be a debt of the state of New\nYork or of the city, and neither the state nor the city shall be liable\nthereon, nor shall they be payable out of any funds other than those of…

§ 1437. Bonds legal investments for public officers and fiduciaries.\nThe bonds are hereby made securities in which all public officers and\nbodies of this state and all municipalities and municipal subdivisions,\nall insurance companies and associations and other persons carryi…

§ 1438. Tax contract by the state. The state of New York covenants\nwith the purchasers and with all subsequent holders and transferees of\nbonds issued by the authority pursuant to this title, in consideration\nof the acceptance of and payment for the bonds, that the bonds of t…

§ 1439. Remedies of bondholders. 1. In the event that the authority\nshall default in the payment of principal of or interest on any issue of\nthe bonds after the same shall become due, whether at maturity or upon\ncall for redemption, and such default shall continue for a perio…

§ 1440. Actions against the authority. 1. In every action against the\nauthority for damages, for injuries to real or personal property, or for\nthe destruction thereof, or for personal injuries or death, the\ncomplaint shall contain an allegation that at least thirty days have\…

§ 1441. Termination of the authority and disposition of properties.\nThe authority and its corporate existence shall continue only to the\nthirtieth day of June, two thousand four, and thereafter until all its\nliabilities have been met and its bonds have been paid in full or su…

§ 1442. Title not affected if in part unconstitutional or ineffective.\nIf any section, clause or provision of this title shall be\nunconstitutional or be ineffective in whole or in part, to the extent\nthat it is not unconstitutional or ineffective, it shall be valid and\neffec…

§ 1443. Inconsistent provisions in other acts superseded. In so far as\nthe provisions of this title are inconsistent with the provisions of any\nother act, general or special, or of any local law of the city, the\nprovisions of this title shall be controlling.\n

* § 1470. Short title. This title may be cited as the "City of Rome\nparking authority act".\n * NB City of Rome Parking Authority ceased to exist 12/31/2000 per §\n1470-b, and thereafter until all liabilities have been met/discharged,\nand all bonds paid/discharged\n

* § 1470-a. Definitions. As used or referred to in this title, unless\na different meaning clearly appears from the context:\n 1. The term "authority" shall mean the corporation created by section\nfourteen hundred seventy of this title;\n 2. The term "city" shall mean the city …

* § 1470-b. City of Rome parking authority. A board to be known as\n"City of Rome parking authority" is hereby created. Such board shall be\na body corporate and politic constituting a public benefit corporation,\nand its existence shall commence upon the appointment of the memb…

* § 1470-c. Purpose and powers of the authority. The purpose of the\nauthority shall be to construct, operate and maintain one or more\nprojects in the city. To carry out said purpose, the authority shall\nhave power:\n 1. To sue and be sued;\n 2. To have a seal and alter the sa…

* § 1470-d. Civil service status of officers and employees. Officers\nand employees of any board, commission or department of the city may be\ntransferred to the authority in accordance with the provisions of the\ncivil service law and shall be eligible for such transfer and\nap…

* § 1470-e. Conveyance of property by the city to the authority;\nacquisition of property by the city or by the authority. 1. The city\nmay, by resolution or resolutions of the common council or by\ninstruments authorized by such resolutions, convey, with or without\nconsiderati…

* § 1470-f. Construction contracts. The authority shall let contracts\nfor construction in the same manner, so far as practicable, as is\nprovided by law for contracts of the city, except that where the\nestimated expense of a contract does not exceed twenty-five hundred\ndollar…

* § 1470-g. Moneys of the authority. All moneys of the authority shall\nbe paid to the treasurer of the city as agent of the authority, who\nshall not commingle such moneys with any other moneys. Such moneys shall\nbe deposited in a separate bank account or accounts. The moneys …

* § 1470-h. Bonds of the authority. 1. The authority shall have the\npower and is hereby authorized from time to time to issue its negotiable\nbonds for any purpose mentioned in section fourteen hundred seventy-c\nhereof, including the acquisition, construction, reconstruction a…

* § 1470-i. Notes of the authority. The authority shall have power\nfrom time to time to issue notes and from time to time to issue renewal\nnotes (herein referred to as notes) maturing not later than five years\nfrom their respective original dates in an amount not exceeding at…

* § 1470-j. Agreements of the state. 1. The state of New York does\npledge to and agree with the holders of the bonds that the state will\nnot limit or alter the rights hereby vested in the authority to acquire,\nconstruct, maintain, reconstruct and operate the project or projec…

* § 1470-k. State and city not liable on bonds. The bonds and other\nobligations of the authority shall not be a debt of the state of New\nYork or of the city, and neither the state nor the city shall be liable\nthereon, nor shall they be payable out of any funds other than thos…

* § 1470-l. Bonds legal investments for public officers and\nfiduciaries. The bonds are hereby made securities in which all public\nofficers, and bodies of this state and all municipalities and municipal\nsubdivisions, all insurance companies and associations and other persons\n…

* § 1470-m. Tax exemptions. 1. It is hereby determined that the\ncreation of the authority and the carrying out of its corporate purposes\nis in all respects for the benefit of the people of the city of Rome and\nits environs, and is a public purpose, and the authority shall be\…

* § 1470-n. Tax contract by the state. The state of New York covenants\nwith the purchasers and with all subsequent holders and transferees of\nbonds issued by the authority pursuant to this title, in consideration\nof the acceptance of and payment for the bonds, that the bonds …

* § 1470-o. Remedies of bondholders. 1. In the event that the\nauthority shall default in the payment of principal of or interest on\nany issue of the bonds after the same shall become due, whether at\nmaturity or upon call for redemption, and such default shall continue\nfor a …

* § 1470-p. Actions against the authority. 1. In every action against\nthe authority for damages, for injuries to real or personal property, or\nfor the destruction thereof, or for personal injuries or death, the\ncomplaint shall contain an allegation that at least thirty days h…

*§ 1470-q. Termination of the authority. Whenever all of the bonds\nissued by the authority shall have been redeemed or canceled, and all\nits liabilities met or discharged, and the termination date of its\ncorporate existence as set forth in section fourteen hundred seventy-b\n…

*§ 1470-r. 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, to the extent\nthat it is not unconstitutional or ineffective, it shall be valid and\nef…

* § 1470-s. Inconsistent provisions in other acts superseded. Insofar\nas the provisions of this title are inconsistent with the provisions of\nany other act, general or special, or of any local law of the city, the\nprovisions of this title shall be controlling.\n * NB City of …

§ 1475-a. Short title. This title may be cited as the "Syracuse\nparking authority act".\n

§ 1475-b. Definitions. As used or referred to in this title, unless a\ndifferent meaning clearly appears from the context:\n 1. The term "authority" shall mean the corporation created by section\nfourteen hundred seventy-five-c of this title;\n 2. The term "city" shall mean the …

§ 1475-c. Syracuse parking authority. 1. A board to be known as "city\nof Syracuse parking authority" is hereby created. Such board shall be a\nbody corporate, constituting a public benefit corporation, and its\nexistence shall commence upon the appointment of the members as pro…

§ 1475-d. Purpose and powers of the authority. The purpose of the\nauthority shall be to construct, operate and maintain one or more\nprojects in the city. To carry out such purpose, the authority shall\nhave power:\n 1. To sue and be sued;\n 2. To have a seal and alter the same…

§ 1475-e. Contract for employees. 1. The authority is hereby\nauthorized to enter into a contract under which the contractor would\nprovide employees to the authority for the purpose of operation and\nmaintenance of the projects of the authority. The authority shall not\nbegin o…

§ 1475-f. Conveyance of property by the city to the authority;\nacquisition of property by the city or by the authority. 1. The city\nmay, by ordinance or ordinances, local law or local laws or by\ninstruments authorized by such ordinance or ordinances, local law or\nlocal laws,…

§ 1475-g. Construction contracts. 1. The authority shall let contracts\nfor construction in the same manner, so far as practicable, as is\nprovided by law for contracts of the city, except that where the\nestimated expense of a contract does not exceed five thousand dollars,\nsu…

§ 1475-h. Moneys of the authority. All moneys of the authority from\nwhatever source derived shall be paid to the commissioner of finance of\nthe city as agent of the authority, who shall not commingle such moneys\nwith any other moneys. Such moneys shall be deposited in a separ…

§ 1475-i. Bonds or notes of the authority. 1. The authority shall have\nthe power and is hereby authorized from time to time to issue bonds,\nnotes or other obligations in conformity with applicable provisions of\nthe uniform commercial code to pay the cost of any project, the\n…

§ 1475-j. Agreement with state. The state does hereby pledge to and\nagree with the holders of any bonds issued by the authority pursuant to\nthis title and with those persons or public authorities who may enter\ninto contracts with the authority pursuant to the provisions of th…

§ 1475-k. Agreements of the city. 1. The city is authorized to pledge\nto and agree with the holders of any bonds issued by the authority\npursuant to this title and with those persons or public authorities who\nmay enter into contracts with the authority pursuant to the provisi…

§ 1475-l. State and city not liable on bonds. The bonds and other\nobligations of the authority shall not be a debt of the state of New\nYork or of the city, and neither the state nor the city shall be liable\nthereon, nor shall they be payable out of any funds other than those …

§ 1475-m. Bonds; legal investments for fiduciaries. The bonds of the\nauthority are hereby made securities in which all public officers and\nbodies of this state and all municipalities and municipal subdivisions,\nall insurance companies and associations and other persons carryi…

§ 1475-n. Tax exemptions and tax contract by the state. 1. It is\nhereby determined that the creation of the authority and the carrying\nout of its corporate purposes is in all respects for the benefit of the\npeople of the state of New York and is a public purpose. Accordingly,…

§ 1475-o. Audit and annual reports. 1. In conformity with the\nprovisions of section five of article ten of the constitution, the\naccounts of the authority shall be subject to the supervision of the\nstate comptroller and an annual audit shall be performed by an\nindependent ce…

§ 1475-p. Remedies of bondholders. Subject to any resolution or\nresolutions adopted pursuant to this title:\n 1. In the event that the authority shall default in the payment of\nprincipal of or interest on any issue of the bonds after the same shall\nbecome due, whether at matu…

§ 1475-q. Actions against the authority. 1. Except in an action for\nwrongful death, no action or special proceeding shall be prosecuted or\nmaintained against the authority, its members, officers or employees for\npersonal injury or damage to real or personal property alleged t…

§ 1475-r. Defense and indemnification. The authority shall not execute\nany of its powers except as necessary to commence its corporate\nexistence, until it has elected to make the provision of section\neighteen of the public officers law applicable to its employees (as such\nte…

§ 1475-s. Code of ethics. 1. Definition. As used in this section the\nterm "authority employee" shall mean any member, officer or employee of\nthe authority.\n 2. Rule with respect to conflicts of interest. No authority employee\nshould have any interest, financial or otherwise,…

§ 1475-t. Termination of the authority. Whenever all of the bonds\nissued by the authority shall have been redeemed or cancelled, the\nauthority shall cease to exist and all rights, titles, and interest and\nall obligations and liabilities thereof vested in or possessed by the\n…

§ 1475-u. Severability. If any clause, sentence, paragraph, section or\npart of this title shall be adjudged by any court of competent\njurisdiction to be invalid and after exhaustion of all further judicial\nreview, the judgment shall not affect, impair or invalidate the\nremai…

§ 1475-v. Inconsistent provisions in other laws superseded. Insofar as\nthe provisions of this title are inconsistent with the provisions of any\nother law, general or special, or of any local law of the city, the\nprovisions of this title shall be controlling.\n