S T A T E   O F   N E W   Y O R K
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                                 7460--A

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                              April 9, 2009
                               ___________

Introduced by M. of A. JAFFEE -- read once and referred to the Committee
  on  Corporations, Authorities and Commissions -- committee discharged,
  bill amended, ordered reprinted as amended  and  recommitted  to  said
  committee

AN  ACT to amend the public authorities law, in relation to continuation
  of the village of Suffern parking authority

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Section 1600-b of the public authorities law, as amended by
chapter 276 of the laws of 2004, is amended to read as follows:
  S 1600-b. Village of Suffern parking authority. A board to be known as
"Village  of  Suffern  parking  authority" is hereby created. Such board
shall be a body corporate, constituting a  public  benefit  corporation,
and  its existence shall commence upon the appointment of the members as
herein provided. It shall consist of a chairman and four other  members,
who  shall  be  appointed by the mayor with the approval of the board of
trustees of the village. Of the members first appointed,  one  shall  be
appointed  for  a period of one year, one for a period of two years, one
for a period of three years, one for a period of four years, and one for
a period of five years. At the expiration of such terms,  the  terms  of
office  of  their  successors  shall  be  five  years. Each member shall
continue to serve until the appointment and qualification of his succes-
sor. Vacancies in such board occurring otherwise than by the  expiration
of term shall be filled for the unexpired term. The members of the board
shall  choose  from  their number a vice-chairman. The board of trustees
may remove any member of the board for inefficiency, neglect of duty  or
misconduct  in  office, giving him a copy of the charges against him and
an opportunity of being heard in person, or by counsel, in  his  defense
upon  not  less than ten days' notice. The members of the board shall be
entitled to no compensation for their services but shall be entitled  to
reimbursement  for  their  actual and necessary expenses incurred in the

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10821-02-9
              

A. 7460--A                          2

performance of their official duties. The powers of the authority  shall
be  vested  in  and  exercised by a majority of the members of the board
then in office. Such board may delegate to one or more of its members or
to  its  officers, agents and employees such powers and duties as it may
deem proper. Such board and its corporate existence shall continue  only
to  the  thirty-first day of December, two thousand [nine] NINETEEN, and
thereafter until all its liabilities have been met and  its  bonds  have
been  paid  in  full  or  such  liabilities or bonds have otherwise been
discharged. Upon its ceasing to exist, all  its  rights  and  properties
shall pass to the Village.
  S 2. This act shall take effect immediately.