Title PBA, Public Authorities

§ 2642-q. Track, bridge, signal, station and other facility operation\nand maintenance. The operation, maintenance and use of track, bridges,\nsignals, freight stations, passenger stations and other facilities shall\nbe public purposes of the authority and the participating coun…

§ 2642-r. State, participating counties, and municipalities not liable\nfor obligations of authority. 1. Neither the state, the participating\ncounties, nor any municipality or public corporation shall be liable on\nany bond, note or other obligation of the authority, and such b…

§ 2642-s. Effect of inconsistent provisions. Insofar as the provisions\nof this title are inconsistent with the provisions of any other act,\ngeneral or special, or of a county charter, any local law, ordinance or\nresolution of a municipality, the provisions of this title shall…

§ 2650. Short title. This title shall be known and may be cited as\nthe "Schenectady Metroplex Development Authority Act".\n

§ 2651. Statement of legislative findings. It is hereby found,\ndetermined and declared that there is an immediate need to institute a\ncomprehensive, coordinated program of economic development activities in\nthe Route 5 and Route 7 corridors of Schenectady county, especially i…

§ 2652. 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 public benefit corporation\ncreated by section twenty-six hundred fifty-three of this title.\n 2. The term "board" sh…

§ 2653. Schenectady metroplex development authority. 1. The\nSchenectady metroplex development authority is hereby created. Such\nauthority shall be a body corporate and politic constituting a public\nbenefit corporation. The governing body of the authority shall be a\nboard. Th…

§ 2654. Schenectady metroplex service district. 1. The Schenectady\nmetroplex service district shall include all real property within the\ncounty of Schenectady, from the Albany county/Schenectady county border\nto the Montgomery county/Schenectady county border, and within\nthi…

§ 2655. General purposes and powers of the authority. The general\npurposes of the authority shall be to design, develop, plan, finance,\ncreate, site, construct, renovate, administer, operate, manage, and\nmaintain all metroplex facilities and metroplex parks within the service…

§ 2655-a. Bylaws of the authority. 1. The board shall draft proposed\nbylaws for the organization and procedure of the authority. Such bylaws\nshall be consistent with the provisions of this title and all other\nstate and federal laws, and shall contain a provision that such byl…

§ 2655-b. Public hearings of the authority. Prior to the adoption of\nany project where the authority would:\n 1. expend more than five hundred thousand dollars;\n 2. borrow money or issue bonds pursuant to subdivision four of section\ntwenty-six hundred fifty-five of this title…

§ 2655-c. Capital plan of the authority. On or before the first day of\nMarch, the authority shall annually produce, and present at a public\nhearing for public comment, a five-year capital projects plan, outlining\nthe vision of its intended capital projects for the next five y…

§ 2655-d. Reports of the authority. 1. In addition to any other\nreport required by this title, the authority, through its chairman,\nshall annually deliver, in oral and written form, a report to the county\nlegislature. Such report shall be presented by March fifteenth of each\…

§ 2656. Contracts. 1. Construction contracts let by the authority\nshall be in conformity with the applicable provisions of section one\nhundred thirty-five of the state finance law.\n 2. The authority may, in its discretion, assign contracts for\nsupervision and coordination to…

§ 2657. Employees, civil service. 1. The appointment and promotion of\nall non-exempt/non-management confidential employees of the authority\nshall be made in accordance with the civil service law and the rules of\nthe Schenectady county civil service commission.\n 2. In accorda…

§ 2658. Code of ethics. 1. As used in this section the term\n"authority employee" shall mean any member, officer or employee of the\nauthority.\n 2. No authority employee shall have any interest, financial or\notherwise, direct or indirect, or engage in any business or transacti…

§ 2659. Acquisition of land. The authority, upon the terms and\nconditions approved by resolution of the authority, shall have the power\nto acquire real property located within the service district by\npurchase, lease or condemnation to accomplish its lawful purposes. It\nshall…

§ 2660. Request for state assistance. 1. Should the chairman of the\nauthority determine that state assistance is necessary for the authority\nto achieve its lawful goals, powers and purposes, the chairman may\nannually may make and deliver to the director of the budget, the\nch…

§ 2661. Request for municipal assistance. 1. Notwithstanding the\nprovisions of any general or special law to the contrary, the county of\nSchenectady may transfer to the authority from funds appropriated by the\ncounty legislature for the fiscal year beginning nineteen hundred\…

§ 2662. Private donations. Notwithstanding the provisions of any\ngeneral or special law to the contrary, any person may donate, give,\ntender or provide, and the authority may receive, private monies to\nassist the authority in its successful operation and achievement of its\nl…

§ 2663. Monies of the authority. 1. All monies 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 designated by the\nauthority. The monies in such accounts shall be paid out or withd…

§ 2664. Return of moneys to the county of Schenectady. 1. In the\nevent that the revenues of the authority exceed its current liabilities\nby more than fifty percent at the end of its first fiscal year, or by\nmore than ten percent at the end of its fiscal year of each fiscal ye…

§ 2665. 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\nes…

§ 2666. Bonds; legal investment for fiduciaries. The bonds of the\nauthority are hereby made securities in which all public officers and\nbodies of the state and all municipalities, all insurance companies and\nassociations and other persons carrying on an insurance business, al…

§ 2667. Tax exemption and tax contract by the state. 1. It is hereby\ndetermined that the creation of the authority and the carrying out of\nits corporate purposes is in all respects for the benefit of the people\nof the state of New York and is a public purpose. Accordingly, th…

§ 2668. 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 bonds after the same shall\nbecome due, whether at maturity o…

§ 2669. State, county and municipalities not liable on bonds. Neither\nthe state, the county nor any municipality therein shall be liable on\nthe bonds or notes of the authority and such bonds or notes shall not be\na debt of the state, the county or of any municipality therein …

§ 2669-a. 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 secured by a pledge, and with those persons or public\nauthorities who may enter into contracts with the authority pursuan…

§ 2669-b. Agreement with county. 1. The county is authorized to pledge\nto and agree with the holders of any bonds issued by the authority\npursuant to this title and secured by such a pledge, and with those\npersons or public authorities who may enter into contracts with the\na…

§ 2670. Actions against authority. 1. Except in an action for wrongful\ndeath, no action or special proceeding shall be prosecuted or maintained\nagainst the authority, its members, officers or employees for personal\ninjury or damage to real or personal property alleged to have…

§ 2671. Limitation of liability; indemnification. 1. Neither the\nmembers of the authority nor any person acting in its behalf, while\nacting within the scope of their authority, shall be subject to any\npersonal liability resulting from carrying out any of the powers\nexpressly…

§ 2672. Assistance by state officers, departments, boards and\ncommissions. The department of audit and control, department of law,\nand all other state officers, agencies, departments, boards, divisions\noffices, and commissions may render such services to the authority\nwithin…

§ 2673. Audit, annual report, county approval of certain projects. 1.\nThe accounts of the authority shall be subject to the supervision of the\nstate comptroller and an annual audit shall be performed by an\nindependent certified public accountant. The authority shall annually\…

§ 2674. Separability. If any provision of any section of this title\nor the application thereof to any person or circumstance shall be\nadjudged invalid by a court of competent jurisdiction, such order or\njudgment shall be confined in its operation to the controversy in which\n…

§ 2675-a. Short title. This title shall be known and may be cited as\nthe "Albany convention center authority act".\n

§ 2675-b. Statement of legislative findings. It is hereby found,\ndetermined and declared that there is an immediate need to institute a\ncomprehensive, coordinated program of convention activities in the city\nof Albany. It is further found, determined and declared to be desira…

§ 2675-c. Definitions. As used or referred to in this title, unless a\ndifferent meaning appears from the context:\n 1. "Authority" shall mean the public benefit corporation created by\nsection twenty-six hundred seventy-five-d of this title.\n 2. "Board" shall mean the members …

§ 2675-d. Albany convention center authority. 1. A corporation known\nas the Albany convention center authority is hereby created for the\npublic purpose and charged with the duties and having the powers\nprovided in this title. The authority shall be a body corporate and\npolit…

§ 2675-e. General purposes and powers of the authority. The general\npurposes of the authority shall be to design, develop, plan, finance,\ncreate, site, construct, renovate, administer, operate, manage, and\nmaintain the convention facility of the authority. To carry out such\n…

§ 2675-f. Preliminary study of the authority. Prior to commencing any\npurchase, lease or transfer of any real property, in whole or part, the\nauthority shall formulate a plan for the creation and development of the\nconvention facility. After passage of a resolution approving …

§ 2675-g. Public hearings of the authority. 1. The authority shall\nhold public hearings prior to:\n (a) the adoption of the preliminary report pursuant to section\ntwenty-six hundred seventy-five-f of this title;\n (b) the adoption of any project where the authority would conde…

§ 2675-h. Contracts. 1. Construction contracts let by the authority\nshall be in conformity with the applicable provisions of section one\nhundred thirty-five of the state finance law.\n 2. The authority may, in its discretion, assign contracts for\nsupervision and coordination …

§ 2675-i. Monies of the authority. 1. All monies of the authority from\nwhatever source derived, except as otherwise authorized or provided in\nthis title, shall be paid to the authority and shall be deposited\nforthwith in a bank or banks in the state designated by the authorit…

§ 2675-ii. State aid revenues. 1. With respect to each issue of\noutstanding hotel revenue bonds, the chairperson of the authority shall\ncertify at least semi-annually, or in the case of the first such\ncertificate within thirty days after the sale of an issue of hotel\nrevenue…

§ 2675-j. Bonds of the authority. 1. The authority shall have the\npower and is hereby authorized from time to time to issue hotel revenue\nbonds. The authority shall further have power from time to time and\nwhenever it deems refunding expedient, to refund any hotel revenue bon…

§ 2675-k. Agreements of the state. The state of New York does hereby\npledge to and agree with the holders of the bonds that the state will\nnot limit or impair the rights hereby vested in the authority to\nacquire, construct, maintain, reconstruct and operate its convention\nfa…

§ 2675-l. State, county and city not liable on bonds. The bonds and\nother obligations of the authority shall not be a debt of the state of\nNew York, the county of Albany or the city of Albany, and neither the\nstate, the county nor the city shall be liable thereon, nor shall t…

§ 2675-m. Bonds; legal investment for fiduciaries. The bonds are\nhereby made securities in which all public officers and bodies of this\nstate and all municipalities and municipal subdivisions, all insurance\ncompanies and associations and other persons carrying on an insurance…

§ 2675-n. Tax exemption and tax contract by the state. 1. It is hereby\ndetermined that the creation of the authority and the carrying out of\nits corporate purposes is in all respects for the benefit of the people\nof the state of New York and is a public purpose. Accordingly, …

§ 2675-o. Remedies for bond holders. 1. In the event that the\nauthority shall default in the payment of principal or interest on any\nissue of bonds after the same shall become due, whether at maturity or\nupon call redemption, and such default shall continue for a period of\nt…