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This entry was published on 2014-09-22
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SECTION 2579
General powers of the authority
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 8, TITLE 27-A
§ 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.