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N.Y. Public Authorities Law § 1045-P Remedies of bondholders
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§ 1045-p. Remedies of bondholders. Subject to any resolution or resolutions adopted pursuant to paragraph (i) of subdivision four of section one thousand forty-five-o of this title: 1. In the event that the authority shall default in the payment of principal of or interest on an…
N.Y. Public Authorities Law § 1045-Q State, city and water board not liable on authority bonds
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§ 1045-q. State, city and water board not liable on authority bonds. Neither the state, nor the city, nor the water board nor any subdivision thereof shall be liable on the bonds of the authority and such bonds shall not be a debt of the state, the city or such water board.
N.Y. Public Authorities Law § 1045-R Moneys of the authority
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§ 1045-r. Moneys of the authority. All moneys of the authority from whatever source derived shall be paid to the treasurer of the authority and shall be deposited forthwith in a bank or banks in the state designated by the authority. The moneys in such accounts shall be paid out…
N.Y. Public Authorities Law § 1045-S Bonds legal investment for fiduciaries
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§ 1045-s. Bonds legal investment for fiduciaries. The bonds of the authority are hereby made securities in which all public officials and bodies of the state and all municipalities, all insurance companies and associations and other persons carrying on an insurance business, all…
N.Y. Public Authorities Law § 1045-T Agreement with the state
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§ 1045-t. Agreement with the state. The state does hereby pledge to and agree with the holders of any bonds issued by the authority pursuant to this title that the state will not alter or limit the rights hereby vested in the authority or the water board to fulfill the terms of …
N.Y. Public Authorities Law § 1045-U Exemption from taxes, assessments and certain fees; payments in lieu of taxes
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§ 1045-u. Exemption from taxes, assessments and certain fees; payments in lieu of taxes. 1. It is hereby determined that the creation of the authority and the carrying out of its corporate purposes is in all respects for the benefit of the people of the city and of the state and…
N.Y. Public Authorities Law § 1045-V Actions against authority and water board
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§ 1045-v. Actions against authority and water board. 1. Except in an action for wrongful death, no action or proceeding shall be prosecuted or maintained against the authority or the water board for personal injury or damage to real or personal property alleged to have been sust…
N.Y. Public Authorities Law § 1045-W Interest in contracts prohibited
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§ 1045-w. Interest in contracts prohibited. It shall be a misdemeanor for any member or any officer, agent, servant or employee of the authority or of the water board to be in any way or manner interested, directly or indirectly in the furnishing of work, materials, supplies or …
N.Y. Public Authorities Law § 1045-X Authority, water board and city to take affirmative action
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§ 1045-x. Authority, water board and city to take affirmative action. 1. Each contracting agency which awards contracts for design, construction, services or materials for water projects authorized by this title shall require that such contracts and documents soliciting bids or …
N.Y. Public Authorities Law § 1045-Y Audit and annual report
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§ 1045-y. Audit and annual report. The accounts of the authority and the water board shall be subject to the supervision of the city comptroller. The authority and the water board shall annually submit to the mayor, the comptroller and the director of management and budget a det…
N.Y. Public Authorities Law § 1045-Z Limited liability
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§ 1045-z. Limited liability. Neither the members of the authority nor of the water board, nor any officer or employee of the authority nor the water board acting in behalf thereof, while acting within the scope of his authority, shall be subject to any liability resulting from (…
N.Y. Public Authorities Law § 1046 New York city water board
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§ 1046. New York city water board. For the benefit of the city of New York and the inhabitants thereof, a water board, to be known as the New York city water board, is hereby established for the accomplishment of any or all of the purposes specified in this title. It shall have …
N.Y. Public Authorities Law § 1048-A Short title
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§ 1048-a. Short title. This title shall be known and may be cited as the "Buffalo municipal water finance authority act".
N.Y. Public Authorities Law § 1048-AA Separability clause
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§ 1048-aa. Separability clause. If any section, clause or provision in this title shall be held by a competent court to be unconstitutional or ineffective in whole or in part, to the extent that it is not unconstitutional or ineffective, it shall be valid and effective, and no ot…
N.Y. Public Authorities Law § 1048-B Definitions
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§ 1048-b. Definitions. As used or referred to in this title, unless a different meaning clearly appears from the context: 1. "Authority" shall mean the public benefit corporation created by section one thousand forty-eight-c of this title, known as the Buffalo municipal water fi…
N.Y. Public Authorities Law § 1048-BB Effect of inconsistent provisions
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§ 1048-bb. Effect of inconsistent provisions. Insofar as the provisions of this title are inconsistent with the provisions of any other law, general, special or local or of the city charter or any local law, ordinance or resolution of the city, the provisions of this title shall…
N.Y. Public Authorities Law § 1048-C Buffalo municipal water finance authority
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§ 1048-c. Buffalo municipal water finance authority. 1. A corporation known as the Buffalo municipal water finance authority is hereby created for public purposes and charged with the duties and having the powers provided in this title. The authority shall be a body corporate an…
N.Y. Public Authorities Law § 1048-D General powers of the authority
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§ 1048-d. General powers of the authority. Except as otherwise limited by this title, the authority shall have power: 1. To sue and be sued; 2. To have a seal and alter the same at pleasure; 3. To borrow money and issue negotiable or non-negotiable notes, bonds or other obligati…
N.Y. Public Authorities Law § 1048-E Approval of water projects
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§ 1048-e. Approval of water projects. The authority shall not enter into any contract or agreement with the city or the water board with respect to the financing of any water project pursuant to section one thousand forty-eight-i of this title, unless the state commissioner of e…
N.Y. Public Authorities Law § 1048-F Water board
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§ 1048-f. Water board. 1. A city water board may be created by a special act of the state legislature at the request of the city, as a body corporate and politic, constituting a corporate municipal instrumentality of the state and having the powers and duties as provided in this…
N.Y. Public Authorities Law § 1048-G General powers of the water board
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§ 1048-g. General powers of the water board. Except as otherwise limited by this title, the water board shall have power: 1. To sue and be sued; 2. To have a seal and alter the same at pleasure; 3. To make and amend by-laws for its organization and internal management, and rules…
N.Y. Public Authorities Law § 1048-H Transfer of water systems by the city to the water board
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§ 1048-h. Transfer of water systems by the city to the water board. 1. The city may, acting by resolution of the common council of the city, enter into an agreement with the water board for the transfer to the water board, for use in the exercise of its corporate powers and purp…
N.Y. Public Authorities Law § 1048-I Agreement among the water board, the city and the authority for the provision of water projects
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§ 1048-i. Agreement among the water board, the city and the authority for the provision of water projects. 1. The authority, the water board and the city, acting by resolution of the common council of the city, may enter into agreements for the purpose of providing for the const…
N.Y. Public Authorities Law § 1048-J Imposition and disposition of water fees, rates, rents or charges
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§ 1048-j. Imposition and disposition of water fees, rates, rents or charges. 1. The water board shall establish, fix and revise, from time to time, fees, rates, rents or other charges for the use of, or services furnished, rendered or made available by, the water system owned by…
N.Y. Public Authorities Law § 1048-K Tax exemption of the water board property and activities
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§ 1048-k. Tax exemption of the water board property and activities. 1. It is hereby determined that the creation of a water board and the carrying out of its corporate purposes is in all respects for the benefit of the city and is a public purpose and the water board shall be re…
N.Y. Public Authorities Law § 1048-L Pledge effective without filing or recording
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§ 1048-l. Pledge effective without filing or recording. Any provision of the uniform commercial code to the contrary notwithstanding, any pledge of or other security interest in revenues or other personal property made or created by the authority, the water board or the city pur…
N.Y. Public Authorities Law § 1048-M Governmental capacity of the authority, the water board and the city
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§ 1048-m. Governmental capacity of the authority, the water board and the city. The authority, the water board and the city in carrying out their respective powers and duties under this title, shall be deemed to be acting in a governmental capacity and in the performance of an e…
N.Y. Public Authorities Law § 1048-N Transfer of officers and employees to and from city and state agencies
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§ 1048-n. Transfer of officers and employees to and from city and state agencies. Officers and employees of city and state agencies may be transferred to the authority and officers and employees of the authority may be transferred to appropriate city and state agencies without e…
N.Y. Public Authorities Law § 1048-O Bonds of the authority
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§ 1048-o. Bonds of the authority. 1. The authority shall have the power and is hereby authorized from time to time to issue bonds, in conformity with applicable provisions of the uniform commercial code, in such principal amounts as it may determine to be necessary to pay the co…
N.Y. Public Authorities Law § 1048-P Remedies of bondholders
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§ 1048-p. Remedies of bondholders. Subject to any resolution or resolutions adopted pursuant to paragraph (i) of subdivision four of section one thousand forty-eight-o of this title: 1. In the event that the authority shall default in the payment of principal of or interest on a…
N.Y. Public Authorities Law § 1048-Q State, city and water board not liable on authority bonds
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§ 1048-q. State, city and water board not liable on authority bonds. Neither the state, nor the city, nor the water board nor any subdivision thereof shall be liable on the bonds of the authority and such bonds shall not be a debt of the state, the city or such water board.
N.Y. Public Authorities Law § 1048-R Moneys of the authority
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§ 1048-r. Moneys of the authority. All moneys of the authority from whatever source derived shall be paid to the treasurer of the authority and shall be deposited forthwith in a bank or banks in the state designated by the authority. The moneys in such accounts shall be paid out…
N.Y. Public Authorities Law § 1048-S Bonds legal investment for fiduciaries
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§ 1048-s. Bonds legal investment for fiduciaries. The bonds of the authority are hereby made securities in which all public officials and bodies of the state and all municipalities, all insurance companies and associations and other persons carrying on an insurance business, all…
N.Y. Public Authorities Law § 1048-T Agreement with the state
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§ 1048-t. Agreement with the state. The state does hereby pledge to and agree with the holders of any bonds issued by the authority pursuant to this title that the state will not alter or limit the rights hereby vested in the authority or the water board to fulfill the terms of …
N.Y. Public Authorities Law § 1048-U Exemption from taxes, assessments and certain fees; payments in lieu of taxes
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§ 1048-u. Exemption from taxes, assessments and certain fees; payments in lieu of taxes. 1. It is hereby determined that the creation of the authority and the carrying out of its corporate purposes is in all respects for the benefit of the people of the city and of the state and…
N.Y. Public Authorities Law § 1048-V Actions against authority and water board
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§ 1048-v. Actions against authority and water board. 1. Except in an action for wrongful death, no action or proceeding shall be prosecuted or maintained against the authority or the water board for personal injury or damage to real or personal property alleged to have been sust…
N.Y. Public Authorities Law § 1048-W Interest in contracts prohibited
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§ 1048-w. Interest in contracts prohibited. It shall be a misdemeanor for any member or any officer, agent, servant or employee of the authority or of the water board to be in any way or manner interested, directly or indirectly in the furnishing of work, materials, supplies or …
N.Y. Public Authorities Law § 1048-X Authority, water board and city to take affirmative action
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§ 1048-x. Authority, water board and city to take affirmative action. 1. Each contracting agency which awards contracts for design, construction, services or materials for water projects authorized by this title shall require that such contracts and documents soliciting bids or …
N.Y. Public Authorities Law § 1048-Y Audit and annual report
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§ 1048-y. Audit and annual report. The accounts of the authority and the water board shall be subject to the supervision of the city comptroller. The authority and the water board shall annually submit to the mayor, the comptroller and the director of the budget of the city a de…
N.Y. Public Authorities Law § 1048-Z Limited liability
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§ 1048-z. Limited liability. Neither the members of the authority nor of the water board, nor any officer or employee of the authority nor the water board acting in behalf thereof, while acting within the scope of his authority, shall be subject to any liability resulting from (…
N.Y. Public Authorities Law § 1049 Buffalo water board
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§ 1049. Buffalo water board. For the benefit of the city of Buffalo and the inhabitants thereof, a water board, to be known as the BUFFALO WATER BOARD, is hereby established for the accomplishment of any or all of the purposes specified in title two-B of article five of this cha…
N.Y. Public Authorities Law § 1050 Short title
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§ 1050. Short title. This title may be cited as the "Erie County Water Authority Act."
N.Y. Public Authorities Law § 1051 Definitions
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§ 1051. Definitions. As used or referred to in this title, unless a different meaning clearly appears from the context, 1. The term "district" shall mean the Erie county water authority district created by section one thousand fifty-two of this title; 2. The term "authority" sha…
N.Y. Public Authorities Law § 1052 Erie county water authority district
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§ 1052. Erie county water authority district. There is hereby created a district to be known as the "Erie county water authority district" which shall embrace so much of the territory included within the territorial limits of the county of Erie, as may be outside the territorial…
N.Y. Public Authorities Law § 1053 Erie county water authority
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§ 1053. Erie county water authority. 1. A corporation known as "Erie county water authority" is hereby created for the purposes and charged with the duties and having the powers provided in this title. The authority shall be a body corporate and politic constituting a public ben…
N.Y. Public Authorities Law § 1054 Powers of the authority
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§ 1054. Powers of the authority. The authority shall have power: 1. To sue and be sued; 2. To have a seal and alter the same at pleasure; 3. To acquire, in the name of the authority, lease, hold and dispose of personal property or any interest therein for its corporate purposes,…
N.Y. Public Authorities Law § 1054-A Deposit required where temporary possession is granted in condemnation proceeding
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§ 1054-a. Deposit required where temporary possession is granted in condemnation proceeding. Whenever the authority, in any condemnation proceeding for the acquisition of any property, shall make application for temporary possession pursuant to the provisions of section twenty-f…
N.Y. Public Authorities Law § 1055 Moneys of the authority
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§ 1055. Moneys of the authority. All moneys of the authority from whatever source derived shall be paid to the treasurer of the authority and shall be deposited forthwith in a bank or banks in the state of New York designated by the authority. The moneys in such accounts shall b…
N.Y. Public Authorities Law § 1056 Bonds of the authority
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§ 1056. Bonds of the authority. 1. The authority shall have the power and is hereby authorized from time to time to issue its negotiable bonds in conformity with applicable provisions of the uniform commercial code for any of its corporate purposes, including incidental expenses…
N.Y. Public Authorities Law § 1057 Notes of the authority
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§ 1057. Notes of the authority. The authority shall have power and is hereby authorized to issue negotiable bond anticipation notes in conformity with applicable provisions of the uniform commercial code and may renew the same from time to time but the maximum maturity of any su…