§ 1357. Real estate and title thereto. 1. The authority may lease or
acquire title to real and personal property including water front
property, ferries, bridges, wharf property, land under water, public
landings, wharves and docks in the name of "Oswego port authority" by
purchase, grant or gift from the city of Oswego, town of Scriba, state
of New York, United States of America, or from any corporation or
individual for the development of port facilities and industrial
projects in the district, and shall have the power to sell, subject to
approval by order of the supreme court, lease or otherwise dispose of
said real property and shall retain and have the power to use the
proceeds of sale, rentals or other moneys derived from the disposition
thereof for its purposes. Any instrument affecting real property shall
be signed by the chairman of the authority, attested by its secretary
and have the seal of the authority affixed thereto.

1-a. Authority is hereby conferred upon the city of Oswego and the
town of Scriba to give, lease, sell, grant and convey real and personal
property including water front property, ferries, bridges, wharf
property, land under water, public landings, wharves and docks to the
authority, with or without consideration as such city or town shall
determine.

2. The authority shall have power to condemn real property located
within its territorial limits and owned by any person or corporation,
excepting a person or corporation subject to the jurisdiction,
supervision and regulation of the Public Service Commission, which the
authority deems necessary for the development of port facilities and
industrial projects in the district. The authority shall exercise the
power of condemnation hereby granted in the manner provided in the
condemnation law.

3. The authority and the city of Oswego may enter into contracts for
the acquisition by the city or the authority of real property for the
benefit of and in the name of the city of Oswego for the purpose of
widening existing streets, avenues, parkways, roads or highways or for
new streets, avenues, parkways, roads or highways to port facilities
within the port district, or partly for such purpose and partly for
other city purposes. Such contracts may provide for the work of
improvement by the city. The city may close such streets, avenues,
parkways, roads or highways as may be necessary or convenient.