Title PBA, Public Authorities

§ 2797. Audit and annual report. In conformity with the provisions of\nsection five of article ten of the constitution, the accounts of the\nauthority shall be subject to the supervision of the state comptroller\nand an annual audit shall be performed by an independent certified…

§ 2798. Limited liability. Neither members, officers or employees of\nthe authority, nor any municipality, or an officer or employee thereof\nacting on behalf of the authority, shall be subject to any personal\nliability resulting from the construction, maintenance or operation …

§ 2799. Transfer of applications, proceedings, approvals and permits.\n1. Any application, review or process in relation to or in furtherance\nof the purposes of or contemplated by this title heretofore filed or\nundertaken, or any proceeding heretofore commenced or any determin…

§ 2799-a. Separability. If any clause, sentence, paragraph, section,\nor part of this title shall be adjudged by any court of competent\njurisdiction to be invalid, such judgment shall not affect, impair or\ninvalidate the remainder thereof, but shall be confined in its operatio…

§ 2799-aa. Short title. This title shall be known and may be cited as\nthe "New York City Transitional Finance Authority Act".\n

§ 2799-aaa. Short title. This title may be cited as the "Syracuse\nregional airport authority act".\n

* § 2799-aaaa. Legislative declaration. The legislature hereby finds,\ndetermines and declares that: (a) the city of New York and the New York\nstate urban development corporation have entered into a lease providing\nfor the urban development corporation to use its statutory pow…

§ 2799-b. Effect of inconsistent provisions. In so far as the\nprovisions of this title are inconsistent with the provisions of any\nother act, general or special, or of the county charter or any local\nlaw, charter, ordinance or resolution of the county or another\nmunicipality…

§ 2799-bb. Definitions. For the purposes of this title, unless the\ncontext otherwise requires:\n 1. "Alternative revenues" means (i) sales and compensating use taxes\nthat the city is authorized by the state to impose and (ii) taxes\nimposed pursuant to section eleven hundred s…

§ 2799-bbb. Statement of legislative findings and purpose. The\nlegislature hereby finds and declares as follows:\n 1. The economic well-being of the state and the general welfare of its\npeople require adequate, safe, secure and efficient aviation and\ntransportation facilities…

§ 2799-bbbb. Definitions. As used in this title, the following terms\nshall have the following meanings:\n 1. "City" shall mean the city of New York;\n 2. "Commissioner" shall mean the commissioner of homes and community\nrenewal;\n 3. "Corporation" shall mean the Roosevelt Isla…

§ 2799-cc. New York city transitional finance authority. 1. There is\nhereby created the New York city transitional finance authority. The\nauthority shall be a corporate governmental agency constituting a public\nbenefit corporation and an instrumentality of the state.\n 2. In …

§ 2799-ccc. Definitions. As used or referred to in this title, unless\na different meaning clearly appears from the context:\n 1. "Airport" shall mean any area of land or water which is used, or\nintended for use, for the landing and takeoff of aircraft, and any\nappurtenant are…

§ 2799-cccc. Establishment of the corporation; organization of the\nboard. 1. To effectuate the purposes and provisions of this title, there\nis hereby created the "Roosevelt Island operating corporation", which\nshall be a body corporate and politic constituting a public benefi…

§ 2799-dd. Administration of the authority. 1. The authority shall be\nadministered by five directors, consisting of the director of management\nand budget, the commissioner of finance of the city, the commissioner of\nthe department of design and construction of the city, the c…

§ 2799-ddd. Syracuse regional airport authority. 1. There is hereby\ncreated the Syracuse regional airport authority. The authority shall be\na body corporate and politic constituting a public benefit corporation.\nThe authority shall consist of eleven members who shall be appoi…

§ 2799-dddd. Powers of the corporation. The corporation's powers shall\nbe limited to carrying out the development, management and operation of\nRoosevelt Island. In carrying out such development, management and\noperation, the corporation shall have the power to:\n 1. Sue and b…

§ 2799-ee. General powers of the authority. Except as otherwise\nlimited by this title, the authority shall have the following powers in\naddition to those specially conferred elsewhere in this title, subject\nonly to agreements with bondholders:\n 1. to sue and be sued;\n 2. to…

§ 2799-eee. Advances on behalf of authority, transfer of property to\nauthority, acquisition of property by city or authority. 1. In addition\nto any powers granted to it by law, the city or any other public\ncorporation may, from time to time, appropriate by ordinance or\nresol…

§ 2799-eeee. Rules and regulations; approval of development plan\namendments; applicability of local laws. 1. The corporation shall\npromulgate such rules and regulations as it shall deem appropriate to\nprovide an opportunity for residents of Roosevelt Island to comment upon\na…

§ 2799-ff. Declaration of need. 1. The mayor shall determine and\ndeclare at least annually whether a capital financing need exists. When\nthe mayor determines that a capital financing need exists, the mayor\nshall so certify and submit to the authority a transitional capital\np…

§ 2799-fff. Transfer of officers and employees. 1. In accordance with\nthe provisions of section seventy of the civil service law, any officer\nor employee of the city, selected by the authority may, with the consent\nof the mayor, be transferred to the authority and shall be el…

§ 2799-ffff. Powers and duties of urban development corporation; lease\nand tramway franchise. 1. The corporation shall perform all obligations\nof the urban development corporation or any of its subsidiaries with\nrespect to the development, management and operation of Roosevel…

§ 2799-gg. 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 pursuant …

§ 2799-ggg. General powers of the authority. Except as otherwise\nlimited by 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 bonds for any of its corporate purposes\nor its pr…

§ 2799-ggg-1. Authority police force. The authority is hereby\nauthorized and empowered to provide and maintain an authority police\ndepartment and a uniformed authority police force. Each member of such\nuniformed police force shall be a "police officer" as that term is\ndefine…

§ 2799-gggg. Equal employment opportunities. 1. The corporation shall\nnot discriminate against employees or applicants for employment because\nof race, creed, color, national origin, sex, sexual orientation, age,\ndisability or marital status, and will undertake or continue pro…

§ 2799-hh. Resources of the authority. 1. Subject to the provisions of\nthis title, the directors of the authority shall receive, accept,\ninvest, administer, expend and disburse for its corporate purposes all\nmoney of the authority from whatever sources derived including (a)\n…

§ 2799-hhh. Special powers of the authority. In order to effectuate\nthe purpose of this title:\n 1. The authority may enter into any joint service arrangements as\nprovided in this section.\n 2. The authority may, establish, construct, effectuate, operate,\nmanage, maintain, re…

§ 2799-hhhh. Indemnification; notice of claims. 1. The state shall\nindemnify and hold harmless the corporation, urban development\ncorporation and safe affordable housing for everyone, inc., and pursuant\nto section seventeen of the public officers law, their respective\noffice…

§ 2799-ii. Agreement with the state. The state does hereby pledge and\nagree with the holders of any issue of bonds and/or bond anticipation\nnotes secured by such a pledge that the state will not limit or alter\nthe rights hereby vested in the authority to fulfill the terms of …

§ 2799-iii. City notice required. Notwithstanding any inconsistent\nprovision of this title, no project having an aggregate cost exceeding\nten million dollars, including but not limited to the acquisition of\nreal property by the authority or the expansion of the authority's\na…

§ 2799-iiii. Annual budget and report. 1. On or before September\nfifteenth, nineteen hundred eighty-four and on each September fifteenth\nthereafter, the chair of the corporation shall make and deliver to the\ndirector of the budget for his or her review a proposed budget for t…

§ 2799-jj. Agreement with the city. The city is authorized to pledge\nand agree with the holders of any issue of bonds and/or bond\nanticipation notes secured by such a pledge that the city will not limit\nor alter the rights hereby vested in the authority to fulfill the terms\n…

§ 2799-jjj. Bonds of the authority. 1. The authority shall have the\npower and is hereby authorized from time to time to issue bonds, notes\nor other obligations to pay the cost of any project or for any other\ncorporate purpose, including the establishment of reserves to secure…

§ 2799-jjjj. Future management study. The corporation shall study the\nfuture operation and management of Roosevelt Island. Such study shall be\ncompleted by December thirty-first, nineteen hundred eighty-five.\n

§ 2799-kk. Bonds legal for investment and deposit. The bonds of the\nauthority are hereby made securities in which all public officers and\nbodies of the state and all public corporations, municipalities and\nmunicipal subdivisions, all insurance companies and associations and\n…

§ 2799-kkk. 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 or of interest on any issue of bonds after the same shall\nbecome due, whether at maturi…

§ 2799-kkkk. Open space development prohibited. Notwithstanding any\nother provision of this title, or any other law to the contrary, on or\nafter the effective date of this section, no further development or\nconstruction for other than park purposes shall be permitted on any r…

§ 2799-ll. Tax exemption and tax contract by the state. 1. It is\nhereby determined that the creation of the authority and the carrying\nout of its corporate purposes is in all respects for the benefit of the\npeople of the state of New York and is a public purpose. Accordingly,…

§ 2799-lll. State, county, and city not liable on authority bonds.\nNeither the state, the county, nor the city shall be liable on the bonds\nof the authority and such bonds shall not be a debt of the state, the\ncounty, or the city, and such bonds shall contain on the face ther…

§ 2799-llll. Liability for community obligations; tax exemption. 1.\nThe obligations of the corporation shall not be debts of the state, and\nthe state shall not be liable thereon, and such obligations shall not be\npayable out of any funds other than those of the corporation.\n…

§ 2799-mm. Actions against the authority. 1. Except in an action for\nwrongful death, no action or proceeding shall be prosecuted or\nmaintained against the authority for personal injury or damage to real\nor personal property alleged to have been sustained by reason of the\nneg…

§ 2799-mmm. 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 designated by the\nauthority. The moneys in such accounts shall be paid out on chec…

§ 2799-mmmm. Division of housing and community renewal; assistance and\nservices. The corporation may from time to time request the division to\nperform such services and render such technical assistance to the\ncorporation with respect to the development, management or operatio…

§ 2799-nn. Audit. The accounts of the authority shall be subject to\nthe supervision and audit of the comptroller and the state comptroller.\nIn addition, the authority shall be subject to an annual management and\nfinancial audit performed by an independent certified accountant…

§ 2799-nnn. 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,…

§ 2799-nnnn. Operation of motor vehicles. In addition to any other\npower conferred upon it by this title, the corporation is hereby\nauthorized to prescribe rules and regulations governing the operation,\nincluding the parking, standing or stopping of vehicles on Roosevelt\nIsl…

§ 2799-oo. Remedies of bondholders. Subject to any resolution or\nresolutions adopted pursuant to paragraph (g) of subdivision six of\nsection twenty-seven hundred ninety-nine-gg of this title:\n 1. In the event that the authority shall default in the payment of\nprincipal of or…

§ 2799-ooo. 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 with those persons or public corporations who may enter\ninto contracts with the authority pursuant to the provisions of…