S T A T E   O F   N E W   Y O R K
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                                    222
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                                (PREFILED)
 
                              January 6, 2021
                                ___________
 
 Introduced  by  M.  of  A.  MAGNARELLI  -- read once and referred to the
   Committee on Corporations, Authorities and Commissions
 
 AN ACT to amend the public authorities law, in relation to extending the
   term of existence of the city of Syracuse parking authority

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Subdivision 1 of section 1475-c of the public authorities
 law, as added by chapter 477 of the laws of 2003, is amended to read  as
 follows:
   1.  A  board  to  be  known as "city of Syracuse 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 provided in this section. It shall consist
 of a chair and four other members, who shall be appointed by  the  mayor
 of  the city. 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 or her successor.
 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 chair and may choose  a  secretary
 and  treasurer  who need not be members. The mayor may remove any member
 of the board for neglect of duty or misconduct in  office,  giving  such
 member  a  copy  of the charges against him or her and an opportunity of
 being heard in person, or by counsel, in his or  her  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.
                                                            LBD01830-01-1

 A. 222                              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.
 Such  board  may  delegate to one or more of its members or to its offi-
 cers, agents and employees such powers and duties as it may deem proper.
 Such  board and its corporate existence shall continue only for a period
 of [fifteen] THIRTY-TWO years, 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 city.
   § 2. This act shall take effect immediately.