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N.Y. Public Authorities Law § 2721 State, counties and municipalities not liable on bonds
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§ 2721. State, counties and municipalities not liable on bonds. Neither the state, the counties nor any other municipality or public corporation shall be liable on the bonds of the authority and such bonds shall not be a debt of the state, the counties, any other municipality or…
N.Y. Public Authorities Law § 2722 Contracts of the authority
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§ 2722. Contracts of the authority. 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, provided, however, that in the case of industrial projects, whenever the authorit…
N.Y. Public Authorities Law § 2723 Annual reports
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§ 2723. Annual reports. The authority shall submit to the governor, the chairman of the senate finance committee, the chairman of the assembly ways and means committee, the state comptroller and the state director of the division of the budget within ninety days after the end of…
N.Y. Public Authorities Law § 2724 Separability
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§ 2724. Separability. If any clause, sentence, paragraph, action 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 th…
N.Y. Public Authorities Law § 2750 Short title
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§ 2750. Short title. This title may be cited as the "Monroe County Airport Authority Act".
N.Y. Public Authorities Law § 2751 Statement of legislative findings and purpose
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§ 2751. Statement of legislative findings and purpose. The legislature hereby finds and declares as follows: 1. The economic well-being of the state and the general welfare of its people require adequate, safe, secure and efficient aviation and transportation facilities at a rea…
N.Y. Public Authorities Law § 2752 Definitions
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§ 2752. Definitions. As used or referred to in this title, unless a different meaning clearly appears from the context: 1. "Airport" (a) shall mean any area of land or water which is used, or intended for use, for the landing and takeoff of aircraft, and any appurtenant areas wh…
N.Y. Public Authorities Law § 2753 Monroe county airport authority
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§ 2753. Monroe county airport authority. 1. There is hereby created the Monroe county airport authority. The authority shall be a body corporate and politic constituting a public benefit corporation. The authority shall consist of seven members appointed by the county executive,…
N.Y. Public Authorities Law § 2754 Advances on behalf of the authority; transfer of property to authority; acquisition of property by county for authority
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§ 2754. Advances on behalf of the authority; transfer of property to authority; acquisition of property by county for authority. 1. In addition to any powers granted to it by law, the county may, from time to time, appropriate by resolution sums of money to defray project costs …
N.Y. Public Authorities Law § 2755 Transfer of officers and employees
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§ 2755. 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…
N.Y. Public Authorities Law § 2756 General powers of the authority
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§ 2756. 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 purposes or its projects and t…
N.Y. Public Authorities Law § 2757 Special powers of the authority
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§ 2757. Special powers of the authority. In order to effectuate the purpose of this title: 1. The authority may enter into any joint service arrangements as hereinafter provided. 2. The authority may, on such terms and conditions as the authority may determine necessary, conveni…
N.Y. Public Authorities Law § 2758 County approval required
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§ 2758. County approval required. Notwithstanding any inconsistent provision of this title, no project, including but not limited to the acquisition of real property by the authority or the expansion of the authority's aviation facilities, may be undertaken by the authority unle…
N.Y. Public Authorities Law § 2759 Bonds of the authority
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§ 2759. 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 corporate purpose, including the establishment of reserves to secure the bo…
N.Y. Public Authorities Law § 2760 Remedies of bondholders
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§ 2760. 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…
N.Y. Public Authorities Law § 2761 State and county not liable on authority bonds
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§ 2761. 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 or the county, and such bonds shall contain on the face thereof a statement to such effect.
N.Y. Public Authorities Law § 2762 Moneys of the authority
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§ 2762. 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…
N.Y. Public Authorities Law § 2763 Bonds legal investment for fiduciaries
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§ 2763. 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…
N.Y. Public Authorities Law § 2764 Agreement with state
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§ 2764. 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…
N.Y. Public Authorities Law § 2765 Agreement with county
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§ 2765. 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 of…
N.Y. Public Authorities Law § 2766 Exemption from taxes, assessments and certain fees
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§ 2766. Exemption from taxes, assessments and certain fees. 1. The authority shall not be required to pay any fees, taxes, special ad valorem levies or assessments, whether state or local, including but not limited to fees, taxes, special ad valorem levies or assessments on real…
N.Y. Public Authorities Law § 2767 Actions against authority
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§ 2767. 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…
N.Y. Public Authorities Law § 2768 Contracts
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§ 2768. Contracts. All contracts for construction shall be let by the authority in conformity with the applicable provisions of section one hundred thirty-five of the state finance law and shall be let in accordance with the provisions of state law pertaining to prevailing wages…
N.Y. Public Authorities Law § 2769 Interest in contracts prohibited
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§ 2769. Interest in contracts prohibited. It shall be a misdemeanor for any member, officer or employee of the authority to be in any way or manner interested, directly or indirectly, in the furnishing of work, materials, supplies or labor, or in any contract therefor which the …
N.Y. Public Authorities Law § 2770 Agreements relating to payment in lieu of taxes
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§ 2770. Agreements relating to payment in lieu of taxes. 1. In order to assure that municipalities may not suffer undue loss of taxes or assessments in the event that the authority acquires any airport from the county, any person paying real property taxes or assessments as of t…
N.Y. Public Authorities Law § 2771 Audit and annual report
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§ 2771. 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…
N.Y. Public Authorities Law § 2772 Limited liability
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§ 2772. Limited liability. Neither members, officers or employees of the authority, nor any municipality, or an officer or employee thereof acting on behalf of the authority, while acting within the scope of their authority, shall be subject to any personal liability resulting f…
N.Y. Public Authorities Law § 2773 Transfer of applications, proceedings, approvals and permits
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§ 2773. 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…
N.Y. Public Authorities Law § 2774 Separability
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§ 2774. 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 …
N.Y. Public Authorities Law § 2775 Effect of inconsistent provisions
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§ 2775. Effect of inconsistent provisions. In so far as the provisions of this title are inconsistent with the provisions of any other act, general or special, or of the county charter or any local law, charter, ordinance or resolution of the county or any other municipality, th…
N.Y. Public Authorities Law § 2776 Short title
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§ 2776. Short title. This title may be cited as the "Albany County Airport Authority Act".
N.Y. Public Authorities Law § 2777 Statement of legislative findings and purpose
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§ 2777. Statement of legislative findings and purpose. The legislature hereby finds and declares as follows: 1. The economic well-being of the state and the general welfare of its people require adequate, safe, secure and efficient aviation and transportation facilities at a rea…
N.Y. Public Authorities Law § 2778 Definitions
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§ 2778. Definitions. As used or referred to in this title, unless a different meaning clearly appears from the context: 1. "Airport" (a) shall mean any area of land or water which is used or intended for use, for the landing and takeoff of aircraft, and any appurtenant areas whi…
N.Y. Public Authorities Law § 2779 Albany county airport authority
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§ 2779. Albany county airport authority. 1. (a) There is hereby created the Albany county airport authority. The authority shall be a body corporate and politic constituting a public benefit corporation. The authority shall consist of seven members who shall be residents of Alba…
N.Y. Public Authorities Law § 2780 Advances on behalf of the authority; transfer of property to authority; acquisition of property by county for authority
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§ 2780. Advances on behalf of the authority; transfer of property to authority; acquisition of property by county for authority. 1. In addition to any powers granted to it by law, the county may, from time to time, appropriate by resolution sums of money to defray project costs …
N.Y. Public Authorities Law § 2781 Transfer of officers and employees
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§ 2781. 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, may, at the request of the authority and with the consent of the county executive, be transferred to the authority…
N.Y. Public Authorities Law § 2782 General powers of the authority
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§ 2782. 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 purposes or its projects and t…
N.Y. Public Authorities Law § 2783 Special powers of the authority
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§ 2783. Special powers of the authority. In order to effectuate the\npurpose of this title:\n 1. The authority may enter into any joint service arrangements as\nhereinafter provided.\n 2. The authority may, on such terms and conditions as the authority\nmay determine necessary, …
N.Y. Public Authorities Law § 2784 County approval of capital projects
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§ 2784. County approval of capital projects. 1. It is the intention of the county to select and approve a specific airport redevelopment program for the Albany county airport upon completion of the federal aviation administration and New York state environmental review processes…
N.Y. Public Authorities Law § 2785 Bonds of the authority
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§ 2785. 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 corporate purpose, including the establishment of reserves to secure the bo…
N.Y. Public Authorities Law § 2786 Remedies of bondholders
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§ 2786. 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 up…
N.Y. Public Authorities Law § 2787 State and county not liable on authority bonds
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§ 2787. 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 or the county, and such bonds shall contain on the face thereof a statement to such effect.
N.Y. Public Authorities Law § 2788 Monies of the authority
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§ 2788. Monies of the authority. All monies 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 monies in such accounts shall be paid out on check of th…
N.Y. Public Authorities Law § 2789 Bonds legal investment for fiduciaries
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§ 2789. 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…
N.Y. Public Authorities Law § 2790 Agreement with state
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§ 2790. 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…
N.Y. Public Authorities Law § 2791 Agreement with county
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§ 2791. 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 of…
N.Y. Public Authorities Law § 2792 Exemption from taxes, assessments and certain fees
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§ 2792. Exemption from taxes, assessments and certain fees. 1. The authority shall not be required to pay any fees, taxes, special ad valorem levies or assessments, whether state or local, including but not limited to fees, taxes, special ad valorem levies or assessments on real…
N.Y. Public Authorities Law § 2793 Actions against authority
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§ 2793. 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…
N.Y. Public Authorities Law § 2794 Contracts
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§ 2794. Contracts. All contracts for construction shall be let by the authority in conformity with the applicable provisions of section one hundred thirty-five of the state finance law and shall be let in accordance with the provisions of state law pertaining to prevailing wages…
N.Y. Public Authorities Law § 2795 Code of ethics
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§ 2795. Code of ethics. 1. Definition. As used in this section the term "authority employee" shall mean any member, officer or employee of the authority. 2. Rule with respect to conflicts of interest. No authority employee should have any interest, financial or otherwise, direct…