State Codes and Statutes

Statutes > New-york > Pba > Article-8 > Title-27-a > 2579

§  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 projects, and to provide for the rights of the holders  thereof;    4. To make bylaws and rules for the management and regulation  of  its  affairs and for the regulation of any project and, subject to agreements  with  its bondholders, to make and alter rules and regulations governing  the exercise of its powers and the fulfillment  of  its  purposes  under  this title. A copy of such bylaws and rules, and all amendments thereto,  duly  certified  by the secretary of the authority shall be filed in the  office of the  county  clerk  of  the  county  and  shall  be  published  thereafter  once  in each of two newspapers having a general circulation  in the county;    5. To  acquire  by  purchase,  grant,  lease,  gift,  or  condemnation  pursuant  to  the  provisions of the eminent domain procedure law and at  the request of the municipality in which the real property  is  located,  and to hold and use property necessary, convenient or desirable to carry  out  its  corporate  purposes,  and  to  sell,  convey, mortgage, lease,  pledge, exchange or otherwise dispose  of  any  such  property  in  such  manner as the authority shall determine;    6.   To  acquire,  construct,  reconstruct,  lease,  expand,  improve,  maintain,  equip,  furnish,  and  operate  a  project  for  purposes  of  professional  soccer  and,  if  necessary,  to  pay  or finance the cost  thereof, and provided, that any lease, management or operation agreement  shall contain a condition that the lessee,  manager  or  operator  shall  establish a summer soccer program for city youth;    7. To operate and maintain a facility for the purposes of minor league  baseball, presently known as Frontier Field;    8.  To  apply for and to accept gifts, grants, loans, or contributions  of funds or property or financial or other aid in any  form,  from,  and  enter into contracts or other transactions with, the federal government,  the  state,  any  municipality,  any  public  corporation,  or any other  source, and to use any such gifts, grants, loans  or  contributions  for  any  of  its  corporate purposes; provided that in any agreement selling  the naming rights to a  sports  facility  constructed  for  purposes  of  professional  soccer,  there  shall  be  a  provision requiring that the  person purchasing such naming rights shall initiate a  youth  internship  program for city high school students;    9.  To grant options to renew any lease with respect to any project or  projects and to grant options to buy any project at such  price  as  the  authority may deem desirable;    10. To designate the depositories of its money;    11. To establish its fiscal year;    12.  To enter into contracts, agreements and leases and to execute all  instruments necessary or convenient to  accomplishing  its  purposes  as  described in this title;    13.  To  appoint  such officers, employees and agents as the authority  may require for the performance of its duties, and to fix and  determine  their   qualifications,   duties,   and  compensation,  subject  to  the  provisions of the  civil  service  law  and  any  applicable  collective  bargaining  agreement,  and  to  retain  or  employ  counsel,  auditors,  engineers and private consultants on a contract basis or  otherwise  for  rendering professional, management or technical services and advice;14.  With  the  consent  of  the  county  executive, to use employees,  agents, consultants and facilities  of  the  county  paying  its  agreed  proportion of the compensation or costs;    15.  To  make  plans,  surveys,  and  studies necessary, convenient or  desirable to  the  effectuation  of  the  purposes  and  powers  of  the  authority and to prepare recommendations in regard thereto;    16. To enter upon such lands, waters or premises as in the judgment of  the  authority may be necessary, convenient or desirable for the purpose  of making surveys, soundings, borings and examinations to accomplish any  purpose authorized by this title;    17. To establish, fix, revise, charge, collect and  enforce  fees  and  charges  for the use of such facilities so as to provide revenues which,  together with other earnings of the sports facilities, if  any,  as  the  same  shall  become due, offset the expense of operating and maintaining  the sports facility  together  with  proper  reserves  for  maintenance,  contingencies   and  all  other  obligations  and  indebtedness  of  the  authority;    18. To do all things necessary, convenient or desirable to  carry  out  its  purposes  and for the exercise of the powers granted in this title;  and    19. To insure or provide for the insurance of the authority's property  or operations.

State Codes and Statutes

Statutes > New-york > Pba > Article-8 > Title-27-a > 2579

§  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 projects, and to provide for the rights of the holders  thereof;    4. To make bylaws and rules for the management and regulation  of  its  affairs and for the regulation of any project and, subject to agreements  with  its bondholders, to make and alter rules and regulations governing  the exercise of its powers and the fulfillment  of  its  purposes  under  this title. A copy of such bylaws and rules, and all amendments thereto,  duly  certified  by the secretary of the authority shall be filed in the  office of the  county  clerk  of  the  county  and  shall  be  published  thereafter  once  in each of two newspapers having a general circulation  in the county;    5. To  acquire  by  purchase,  grant,  lease,  gift,  or  condemnation  pursuant  to  the  provisions of the eminent domain procedure law and at  the request of the municipality in which the real property  is  located,  and to hold and use property necessary, convenient or desirable to carry  out  its  corporate  purposes,  and  to  sell,  convey, mortgage, lease,  pledge, exchange or otherwise dispose  of  any  such  property  in  such  manner as the authority shall determine;    6.   To  acquire,  construct,  reconstruct,  lease,  expand,  improve,  maintain,  equip,  furnish,  and  operate  a  project  for  purposes  of  professional  soccer  and,  if  necessary,  to  pay  or finance the cost  thereof, and provided, that any lease, management or operation agreement  shall contain a condition that the lessee,  manager  or  operator  shall  establish a summer soccer program for city youth;    7. To operate and maintain a facility for the purposes of minor league  baseball, presently known as Frontier Field;    8.  To  apply for and to accept gifts, grants, loans, or contributions  of funds or property or financial or other aid in any  form,  from,  and  enter into contracts or other transactions with, the federal government,  the  state,  any  municipality,  any  public  corporation,  or any other  source, and to use any such gifts, grants, loans  or  contributions  for  any  of  its  corporate purposes; provided that in any agreement selling  the naming rights to a  sports  facility  constructed  for  purposes  of  professional  soccer,  there  shall  be  a  provision requiring that the  person purchasing such naming rights shall initiate a  youth  internship  program for city high school students;    9.  To grant options to renew any lease with respect to any project or  projects and to grant options to buy any project at such  price  as  the  authority may deem desirable;    10. To designate the depositories of its money;    11. To establish its fiscal year;    12.  To enter into contracts, agreements and leases and to execute all  instruments necessary or convenient to  accomplishing  its  purposes  as  described in this title;    13.  To  appoint  such officers, employees and agents as the authority  may require for the performance of its duties, and to fix and  determine  their   qualifications,   duties,   and  compensation,  subject  to  the  provisions of the  civil  service  law  and  any  applicable  collective  bargaining  agreement,  and  to  retain  or  employ  counsel,  auditors,  engineers and private consultants on a contract basis or  otherwise  for  rendering professional, management or technical services and advice;14.  With  the  consent  of  the  county  executive, to use employees,  agents, consultants and facilities  of  the  county  paying  its  agreed  proportion of the compensation or costs;    15.  To  make  plans,  surveys,  and  studies necessary, convenient or  desirable to  the  effectuation  of  the  purposes  and  powers  of  the  authority and to prepare recommendations in regard thereto;    16. To enter upon such lands, waters or premises as in the judgment of  the  authority may be necessary, convenient or desirable for the purpose  of making surveys, soundings, borings and examinations to accomplish any  purpose authorized by this title;    17. To establish, fix, revise, charge, collect and  enforce  fees  and  charges  for the use of such facilities so as to provide revenues which,  together with other earnings of the sports facilities, if  any,  as  the  same  shall  become due, offset the expense of operating and maintaining  the sports facility  together  with  proper  reserves  for  maintenance,  contingencies   and  all  other  obligations  and  indebtedness  of  the  authority;    18. To do all things necessary, convenient or desirable to  carry  out  its  purposes  and for the exercise of the powers granted in this title;  and    19. To insure or provide for the insurance of the authority's property  or operations.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Pba > Article-8 > Title-27-a > 2579

§  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 projects, and to provide for the rights of the holders  thereof;    4. To make bylaws and rules for the management and regulation  of  its  affairs and for the regulation of any project and, subject to agreements  with  its bondholders, to make and alter rules and regulations governing  the exercise of its powers and the fulfillment  of  its  purposes  under  this title. A copy of such bylaws and rules, and all amendments thereto,  duly  certified  by the secretary of the authority shall be filed in the  office of the  county  clerk  of  the  county  and  shall  be  published  thereafter  once  in each of two newspapers having a general circulation  in the county;    5. To  acquire  by  purchase,  grant,  lease,  gift,  or  condemnation  pursuant  to  the  provisions of the eminent domain procedure law and at  the request of the municipality in which the real property  is  located,  and to hold and use property necessary, convenient or desirable to carry  out  its  corporate  purposes,  and  to  sell,  convey, mortgage, lease,  pledge, exchange or otherwise dispose  of  any  such  property  in  such  manner as the authority shall determine;    6.   To  acquire,  construct,  reconstruct,  lease,  expand,  improve,  maintain,  equip,  furnish,  and  operate  a  project  for  purposes  of  professional  soccer  and,  if  necessary,  to  pay  or finance the cost  thereof, and provided, that any lease, management or operation agreement  shall contain a condition that the lessee,  manager  or  operator  shall  establish a summer soccer program for city youth;    7. To operate and maintain a facility for the purposes of minor league  baseball, presently known as Frontier Field;    8.  To  apply for and to accept gifts, grants, loans, or contributions  of funds or property or financial or other aid in any  form,  from,  and  enter into contracts or other transactions with, the federal government,  the  state,  any  municipality,  any  public  corporation,  or any other  source, and to use any such gifts, grants, loans  or  contributions  for  any  of  its  corporate purposes; provided that in any agreement selling  the naming rights to a  sports  facility  constructed  for  purposes  of  professional  soccer,  there  shall  be  a  provision requiring that the  person purchasing such naming rights shall initiate a  youth  internship  program for city high school students;    9.  To grant options to renew any lease with respect to any project or  projects and to grant options to buy any project at such  price  as  the  authority may deem desirable;    10. To designate the depositories of its money;    11. To establish its fiscal year;    12.  To enter into contracts, agreements and leases and to execute all  instruments necessary or convenient to  accomplishing  its  purposes  as  described in this title;    13.  To  appoint  such officers, employees and agents as the authority  may require for the performance of its duties, and to fix and  determine  their   qualifications,   duties,   and  compensation,  subject  to  the  provisions of the  civil  service  law  and  any  applicable  collective  bargaining  agreement,  and  to  retain  or  employ  counsel,  auditors,  engineers and private consultants on a contract basis or  otherwise  for  rendering professional, management or technical services and advice;14.  With  the  consent  of  the  county  executive, to use employees,  agents, consultants and facilities  of  the  county  paying  its  agreed  proportion of the compensation or costs;    15.  To  make  plans,  surveys,  and  studies necessary, convenient or  desirable to  the  effectuation  of  the  purposes  and  powers  of  the  authority and to prepare recommendations in regard thereto;    16. To enter upon such lands, waters or premises as in the judgment of  the  authority may be necessary, convenient or desirable for the purpose  of making surveys, soundings, borings and examinations to accomplish any  purpose authorized by this title;    17. To establish, fix, revise, charge, collect and  enforce  fees  and  charges  for the use of such facilities so as to provide revenues which,  together with other earnings of the sports facilities, if  any,  as  the  same  shall  become due, offset the expense of operating and maintaining  the sports facility  together  with  proper  reserves  for  maintenance,  contingencies   and  all  other  obligations  and  indebtedness  of  the  authority;    18. To do all things necessary, convenient or desirable to  carry  out  its  purposes  and for the exercise of the powers granted in this title;  and    19. To insure or provide for the insurance of the authority's property  or operations.