Title PBA, Public Authorities

§ 1045-p. Remedies of bondholders. Subject to any resolution or\nresolutions adopted pursuant to paragraph (i) of subdivision four of\nsection one thousand forty-five-o of this title:\n 1. In the event that the authority shall default in the payment of\nprincipal of or interest …

§ 1045-q. State, city and water board not liable on authority bonds.\nNeither the state, nor the city, nor the water board nor any subdivision\nthereof shall be liable on the bonds of the authority and such bonds\nshall not be a debt of the state, the city or such water board.\n…

§ 1045-r. Moneys of the authority. All moneys of the authority from\nwhatever source derived shall be paid to the treasurer of the authority\nand shall be deposited forthwith in a bank or banks in the state\ndesignated by the authority. The moneys in such accounts shall be paid\…

§ 1045-s. Bonds legal investment for fiduciaries. The bonds of the\nauthority are hereby made securities in which all public officials and\nbodies of the state and all municipalities, all insurance companies and\nassociations and other persons carrying on an insurance business, …

§ 1045-t. Agreement with the state. The state does hereby pledge to\nand agree with the holders of any bonds issued by the authority pursuant\nto this title that the state will not alter or limit the rights hereby\nvested in the authority or the water board to fulfill the terms …

§ 1045-u. Exemption from taxes, assessments and certain fees; payments\nin lieu of taxes. 1. It is hereby determined that the creation of the\nauthority and the carrying out of its corporate purposes is in all\nrespects for the benefit of the people of the city and of the state …

§ 1045-v. Actions against authority and water board. 1. Except in an\naction for wrongful death, no action or proceeding shall be prosecuted\nor maintained against the authority or the water board for personal\ninjury or damage to real or personal property alleged to have been\n…

§ 1045-w. Interest in contracts prohibited. It shall be a misdemeanor\nfor any member or any officer, agent, servant or employee of the\nauthority or of the water board to be in any way or manner interested,\ndirectly or indirectly in the furnishing of work, materials, supplies …

§ 1045-x. Authority, water board and city to take affirmative action.\n1. Each contracting agency which awards contracts for design,\nconstruction, services or materials for water projects authorized by\nthis title shall require that such contracts and documents soliciting\nbids…

§ 1045-y. Audit and annual report. The accounts of the authority and\nthe water board shall be subject to the supervision of the city\ncomptroller. The authority and the water board shall annually submit to\nthe mayor, the comptroller and the director of management and budget a\…

§ 1045-z. Limited liability. Neither the members of the authority nor\nof the water board, nor any officer or employee of the authority nor the\nwater board acting in behalf thereof, while acting within the scope of\nhis authority, shall be subject to any liability resulting fro…

§ 1046. New York city water board. For the benefit of the city of New\nYork and the inhabitants thereof, a water board, to be known as the New\nYork city water board, is hereby established for the accomplishment of\nany or all of the purposes specified in this title. It shall ha…

§ 1048-a. Short title. This title shall be known and may be cited as\nthe "Buffalo municipal water finance authority act".\n

§ 1048-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 no…

§ 1048-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-eight-c of this title, known as the Buffalo\nmunicipal wat…

§ 1048-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…

§ 1048-c. Buffalo municipal water finance authority. 1. A corporation\nknown as the Buffalo municipal water finance authority is hereby created\nfor public purposes and charged with the duties and having the powers\nprovided in this title. The authority shall be a body corporate…

§ 1048-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 …

§ 1048-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-eight-i of this title, unless the state commissioner o…

§ 1048-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 …

§ 1048-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…

§ 1048-h. Transfer of water systems by the city to the water board. 1.\nThe city may, acting by resolution of the common council of the city,\nenter into an agreement with the water board for the transfer to the\nwater board, for use in the exercise of its corporate powers and\n…

§ 1048-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 by resolution of the common council of the city,\nmay enter into agreements for the purpose of providing for the\nc…

§ 1048-j. Imposition and disposition of water fees, rates, rents or\ncharges. 1. The water board shall establish, fix and revise, from time\nto time, fees, rates, rents or other charges for the use of, or services\nfurnished, rendered or made available by, the water system owned…

§ 1048-k. Tax exemption of the water board property and activities.\n1. It 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…

§ 1048-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\…

§ 1048-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…

§ 1048-n. Transfer of officers and employees to and from city and\nstate agencies. Officers and employees of city and state agencies may be\ntransferred to the authority and officers and employees of the authority\nmay be transferred to appropriate city and state agencies withou…

§ 1048-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…

§ 1048-p. Remedies of bondholders. Subject to any resolution or\nresolutions adopted pursuant to paragraph (i) of subdivision four of\nsection one thousand forty-eight-o of this title:\n 1. In the event that the authority shall default in the payment of\nprincipal of or interest…

§ 1048-q. State, city and water board not liable on authority bonds.\nNeither the state, nor the city, nor the water board nor any subdivision\nthereof shall be liable on the bonds of the authority and such bonds\nshall not be a debt of the state, the city or such water board.\n…

§ 1048-r. Moneys of the authority. All moneys of the authority from\nwhatever source derived shall be paid to the treasurer of the authority\nand shall be deposited forthwith in a bank or banks in the state\ndesignated by the authority. The moneys in such accounts shall be paid\…

§ 1048-s. Bonds legal investment for fiduciaries. The bonds of the\nauthority are hereby made securities in which all public officials and\nbodies of the state and all municipalities, all insurance companies and\nassociations and other persons carrying on an insurance business, …

§ 1048-t. Agreement with the state. The state does hereby pledge to\nand agree with the holders of any bonds issued by the authority pursuant\nto this title that the state will not alter or limit the rights hereby\nvested in the authority or the water board to fulfill the terms …

§ 1048-u. Exemption from taxes, assessments and certain fees; payments\nin lieu of taxes. 1. It is hereby determined that the creation of the\nauthority and the carrying out of its corporate purposes is in all\nrespects for the benefit of the people of the city and of the state …

§ 1048-v. Actions against authority and water board. 1. Except in an\naction for wrongful death, no action or proceeding shall be prosecuted\nor maintained against the authority or the water board for personal\ninjury or damage to real or personal property alleged to have been\n…

§ 1048-w. Interest in contracts prohibited. It shall be a misdemeanor\nfor any member or any officer, agent, servant or employee of the\nauthority or of the water board to be in any way or manner interested,\ndirectly or indirectly in the furnishing of work, materials, supplies …

§ 1048-x. Authority, water board and city to take affirmative action.\n1. Each contracting agency which awards contracts for design,\nconstruction, services or materials for water projects authorized by\nthis title shall require that such contracts and documents soliciting\nbids…

§ 1048-y. Audit and annual report. The accounts of the authority and\nthe water board shall be subject to the supervision of the city\ncomptroller. The authority and the water board shall annually submit to\nthe mayor, the comptroller and the director of the budget of the city a…

§ 1048-z. Limited liability. Neither the members of the authority nor\nof the water board, nor any officer or employee of the authority nor the\nwater board acting in behalf thereof, while acting within the scope of\nhis authority, shall be subject to any liability resulting fro…

§ 1049. Buffalo water board. For the benefit of the city of Buffalo\nand the inhabitants thereof, a water board, to be known as the BUFFALO\nWATER BOARD, is hereby established for the accomplishment of any or all\nof the purposes specified in title two-B of article five of this\…

§ 1050. Short title. This title may be cited as the "Erie County Water\nAuthority Act."\n

§ 1051. Definitions. As used or referred to in this title, unless a\ndifferent meaning clearly appears from the context,\n 1. The term "district" shall mean the Erie county water authority\ndistrict created by section one thousand fifty-two of this title;\n 2. The term "authorit…

§ 1052. Erie county water authority district. There is hereby created\na district to be known as the "Erie county water authority district"\nwhich shall embrace so much of the territory included within the\nterritorial limits of the county of Erie, as may be outside the\nterrito…

§ 1053. Erie county water authority. 1. A corporation known as "Erie\ncounty water authority" is hereby created for the purposes and charged\nwith the duties and having the powers provided in this title. The\nauthority shall be a body corporate and politic constituting a public\…

§ 1054. Powers of the authority. 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 acquire, in the name of the authority, lease, hold and dispose\nof personal property or any interest therein for its corporate pu…

§ 1054-a. Deposit required where temporary possession is granted in\ncondemnation proceeding. Whenever the authority, in any condemnation\nproceeding for the acquisition of any property, shall make application\nfor temporary possession pursuant to the provisions of section\ntwen…

§ 1055. Moneys of the authority. All moneys of the authority from\nwhatever source derived shall be paid to the treasurer of the authority\nand shall be deposited forthwith in a bank or banks in the state of New\nYork designated by the authority. The moneys in such accounts shal…

§ 1056. Bonds of the authority. 1. The authority shall have the power\nand is hereby authorized from time to time to issue its negotiable bonds\nin conformity with applicable provisions of the uniform commercial code\nfor any of its corporate purposes, including incidental expen…

§ 1057. Notes of the authority. The authority shall have power and is\nhereby authorized to issue negotiable bond anticipation notes in\nconformity with applicable provisions of the uniform commercial code and\nmay renew the same from time to time but the maximum maturity of any…