Title PBA, Public Authorities

§ 2542. State and city not liable on notes and bonds. The notes, bonds or other obligations of the corporation shall not be a debt of either the state or the city, and neither the state nor the city shall be liable thereon, nor shall they be payable out of any funds other than t…

§ 2543. Remedies of noteholders and bondholders. 1. In the event that the corporation shall default in the payment of principal of or interest on or sinking fund payment on any issue of notes or bonds after the same shall become due, whether at maturity or upon call from redempt…

§ 2544. Notes and bonds as legal investments. The notes and bonds of the corporation are hereby made securities in which all public officers and bodies of this state and all municipalities and municipal subdivisions, all insurance companies and associations and other persons car…

§ 2545. Exemption from taxation. 1. It is hereby determined that the creation of the corporation and the carrying out of its corporate purpose is in all respects a public and governmental purpose for the benefit of the people of the state and for the improvement of their health,…

§ 2546. Employees of the corporation. 1. Notwithstanding any inconsistent provisions of this act, the appointment and promotion of all employees of and for the corporation shall be made in accordance with the provisions of the civil service law and shall be subject to the jurisd…

§ 2547. Actions against the corporation. (a) Except in an action for wrongful death, an action against the corporation for personal injury or property damage or founded on tort shall not be commenced more than one year and ninety days after the cause of action thereof shall have…

§ 2548. Assistance to the corporation. With the consent of the city, the corporation may use agents, employees and facilities of the city, including the corporation counsel, paying to the city its agreed proportion of the compensation or costs.

§ 2549. Corporation counsel to be attorney. The corporation counsel of the city shall be attorney and counsel for the corporation, except with the approval of the corporation counsel the corporation may retain or employ such counsel as are necessary to carry on its corporate pur…

§ 2550. Termination of authority and existence. At such time as notes and bonds of the corporation or notes and bonds of the municipal assistance corporation for the city of New York, or any combination thereof, are outstanding in the aggregate principal amount equal to five hun…

§ 2551. Bonds or notes legal investments for public authorities. Bonds and notes of the corporation are hereby declared to be legal investments for monies of public corporations of the state of New York and may be used to secure deposits of monies of such corporations in banks o…

§ 2560. Definitions. The following terms, whenever used or referred to in this title, unless the context indicates otherwise, shall have the following meanings: 1. "Corporation." The New York convention center operating corporation. 2. "Convention center." The convention and exh…

§ 2561. Legislative findings and declarations. It is hereby found and declared that existing facilities in the city for conventions, trade exhibitions and public shows including services for the operation and maintenance thereof are inadequate; that construction and operation of…

§ 2562. Creation of the corporation. 1. To effectuate the purposes and provisions of this title, there is hereby created the "New York convention center operating corporation", which shall be a body corporate and politic constituting a public benefit corporation. The corporation…

§ 2563. General powers of the corporation. In the exercise of the powers conferred and the performance of the duties imposed upon it by section twenty-five hundred sixty-four of this title, and subject to the limitations contained in other sections of this title, the corporation…

§ 2564. Special powers and duties of the corporation. The corporation shall have the power and duty: 1. To maintain and operate the convention center including the expansion project; to rent parts thereof, and grant concessions, all on such terms and conditions as it may determi…

§ 2565. Cooperation by the state. For the purposes of assisting the corporation in effectuating the purposes and provisions of this title, with respect to the convention center, the state may, with or without consideration: 1. Acting by and through the commissioner of general se…

§ 2566. Appropriations. 1. To assure the continued operation and solvency of the corporation for the carrying out of the public purposes of this act, there may be, notwithstanding any provision of law to the contrary, annually apportioned and paid to the corporation such sum, if…

§ 2567. State not liable on obligations. The obligations of the corporation shall not be debts of the state, and the state shall not be liable thereon, and such obligations shall not be payable out of any funds other than those of the corporation.

§ 2568. Exemption from taxation. It is hereby found, determined and declared that the creation of the corporation and the carrying out of its purposes is in all respects for the benefit of the people of the state and is a public purpose, and that the corporation will be performi…

§ 2569. Moneys of the corporation. All moneys of the corporation, from whatever source derived, shall be paid to the commissioner of taxation and finance as agent of the corporation, who shall not commingle such moneys with any other moneys. Such moneys shall be deposited in a s…

§ 2570. Actions. A notice of claim, served in accordance with the provisions of section fifty-e of the general municipal law, shall be a condition precedent to the commencement of an action against the corporation, its directors, officers, employees or agents. No such action sha…

§ 2571. Limitation of liability; indemnification. 1. The directors and officers of the corporation, and any person acting in its behalf while acting within the scope of their authority, shall not be subject to any personal liability resulting from carrying out any of the powers …

§ 2572. Separability. If any section, clause or provision of this title or the application thereof shall be adjudged invalid, such judgment shall not affect or invalidate any other section, clause or provision of this title.

§ 2576. Short title. This title may be cited as the "Greater Rochester sports authority act".

§ 2577. Definitions. As used or referred to in this title, unless a different meaning clearly appears from the context, the following terms shall mean and include: 1. "Authority". The corporation created by section two thousand five hundred seventy-eight of this title. 2. "City"…

§ 2578. Greater Rochester sports authority. 1. There is hereby created the Greater Rochester sports authority. The authority shall be a body corporate and politic constituting a public benefit corporation. The authority shall consist of three members. Two of such members shall b…

§ 2579. 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 bonds for any of its corporate powers, purposes or its projec…

§ 2580. Acquisition of real property for the authority. 1. Notwithstanding the provisions of any general, special or local law or charter, the county is hereby empowered to purchase or lease from the authority for a term not exceeding ninety-nine years, a sports facility, or ent…

§ 2581. Transfer of officers and employees. 1. In accordance with the provisions of section seventy of the civil service law, any officer or employee of the county, selected by the authority may, with the consent of the county executive, be transferred to the authority and shall…

§ 2582. Bonds of the authority. 1. The authority shall have the power and is hereby authorized from time to time to issue bonds, notes or other obligations to pay the cost of any project or for any other purpose under this title, including the establishment of reserves to secure…

§ 2583. Remedies of bondholders. Subject to any resolution or resolutions adopted pursuant to this title: 1. In the event that the authority shall default in the payment of principal or of interest on any issue of bonds after the same shall become due, whether at maturity or upo…

§ 2584. State and county not liable on authority bonds. Neither the state nor the county shall be liable on the bonds of the authority and such bonds shall not be a debt of the state nor the county and such bonds shall contain on the face thereof a statement to such effect.

§ 2585. 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 designated by the authority. The moneys in such accounts shall be paid out on check of th…

§ 2586. Bonds legal investment for fiduciaries. The bonds of the authority are hereby made securities in which all public officers and bodies of the state and all municipalities, all insurance companies and associations and other persons carrying on an insurance business, all ba…

§ 2587. Agreement with state. The state does hereby pledge to and agree with the holders of any bonds issued by the authority pursuant to this title and with those persons or public corporations who may enter into contracts with the authority pursuant to the provisions of this t…

§ 2588. Agreement with county. The county is authorized to pledge to and agree with the holders of any bonds issued by the authority pursuant to this title and with those persons or public corporations who may enter into contracts with the authority, pursuant to the provisions o…

§ 2589. Tax exemption and tax contract by the state. 1. It is hereby determined that the creation of the authority and the carrying out of its corporate purposes are in all respects for the benefit of the people of the state of New York and are public purposes. Accordingly, the …

§ 2590. Actions against authority. 1. Except in an action for wrongful death, no action or special proceeding shall be prosecuted or maintained against the authority, its members, officers, or employees for personal injury or damage to real or personal property alleged to have b…

§ 2591. Contracts. 1. Construction contracts let by the authority shall be in conformity with the applicable provisions of section one hundred thirty-five of the state finance law. 2. The authority may, in its discretion, assign contracts for supervision and coordination to the …

§ 2592. Audit and annual report. In conformity with the provisions of section five of article ten of the constitution, the accounts of the authority shall be subject to the supervision of the state comptroller and an annual audit shall be performed by an independent certified ac…

§ 2593. Defense and indemnification. The authority shall not execute any of its powers, except as necessary to commence its corporate existence, until it has elected to make the provision of section eighteen of the public officers law applicable to its employees (as such term is…

§ 2594. Code of ethics. The authority shall be deemed a state agency for the purposes of section seventy-four of the public officers law.

§ 2595. Equal employment opportunity. The authority shall ensure that all employees or applicants for employment are afforded equal employment opportunity without discrimination on any basis prohibited under subdivision two of section forty-c of the civil rights law.

§ 2596. Transfer of applications, proceedings, approvals and permits. 1. Any application, review or process in relation to or in furtherance of the purposes of or contemplated by this title heretofore filed or undertaken, or any proceeding heretofore commenced or any determinati…

§ 2597. Separability. If any clause, sentence, paragraph, section, or part of this title shall be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair or invalidate the remainder thereof, but shall be confined in its operation to …

§ 2598. Effect of inconsistent provisions. Insofar as the provisions of this title are inconsistent with the provisions of any other act, general or special, or of the county or city charter or any local law, charter, ordinance or resolution of any other municipality, the provis…

§ 2603-a. Letting of certain contracts involving steel products. 1. Notwithstanding any other provision of law, all public authorities shall award contracts involving steel products as follows: a. All purchase contracts for supplies, material or equipment involving an estimated …

§ 2605. Short title. This title shall be known and may be cited as the "New York state olympic regional development authority act".

§ 2606. Legislative findings. It is hereby found, determined and declared that there is an immediate need to institute a comprehensive, coordinated program of activities utilizing the olympic facilities in and around Lake Placid, New York, in order to insure optimum year-round u…

§ 2607. Definitions. The following terms, whenever used or referred to in this title, unless the context indicates otherwise, have the following meanings: 1. The term "olympic facility" shall mean any publicly owned, administered or supervised facility located in the olympic reg…