Section 3305. General powers of the corporation  


Latest version.
  • Except as limited by this
      title, the public  health  law,  the  mental  hygiene  law,  the  social
      services  law,  the  education  law  or  any  other  applicable  law  or
      regulation, the corporation 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  purposes
      or its projects, or to refund the same, and to provide for the rights of
      the holders thereof;
        4. to make and alter by-laws for its organization and management, 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;
        5. (a) to acquire by purchase, grant, lease, gift, or otherwise 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
      corporation shall determine;
        (b)  to  acquire  by  condemnation  pursuant  to the provisions of the
      eminent domain procedures  law  any  real  property  within  Westchester
      county  required  by  the corporation to carry out the powers granted by
      this title with the approval of both the county board of legislators and
      the county executive;
        6. to acquire, construct, lease,  expand,  improve,  maintain,  equip,
      furnish,  operate  one  or  more  projects  and, if necessary, to pay or
      finance the cost thereof;
        7. 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
      or  any  public  corporation  or  any  other source, and to use any such
      gifts, grants, loans or contributions for any of its corporate purposes;
        8. 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
      corporation may deem desirable;
        9. to designate the depositories of its money;
        10. to establish its fiscal year;
        11. to enter into contracts and to execute all  instruments  necessary
      or  convenient or desirable for the purposes of the corporation to carry
      out any powers expressly given to it in this title;
        12. to appoint such officers, employees and agents as the  corporation
      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;
        13.  to  use  employees,  agents,  consultants  and  facilities of the
      county, paying the county its agreed proportion of the  compensation  or
      costs pursuant to an agreement with the county;
        14. to make and adopt plans, surveys and studies necessary, convenient
      or  desirable  to  the  effectuation  of  the purposes and powers of the
      corporation and to prepare recommendations in regard thereto;
        15. except as limited by state law or regulation, to fix  and  collect
      rates,  rentals,  fees and other charges for the services rendered by or
      for use of the facilities or in  the  exercise  of  the  powers  of  the
      corporation;
        16. to enter upon such lands, waters or premises as in the judgment of
      the  corporation  may  be  necessary,  convenient  or  desirable for the
    
      purpose of  making  surveys,  soundings,  borings  and  examinations  to
      accomplish  any purpose  authorized by this title, the corporation being
      liable for actual damage done;
        17.  the corporation may covenant and consent that the interest on any
      of its bonds or notes issued pursuant to this title shall be includable,
      under the United States Internal Revenue Code of 1986, as  amended  (the
      "code")  or  any  subsequent  corresponding  internal revenue law of the
      United States, in gross income of the holders of the bonds or  notes  to
      the  same  extent  and  in  the  same manner that the interest on bills,
      bonds, notes or other obligations of the United States is includable  in
      the  gross  income  of  the  holders  thereof under the code or any such
      subsequent law;
        18. to insure or  otherwise  to  provide  for  the  insurance  of  the
      corporation's  property  or  operations  and  also contract against such
      other risks  as  the  corporation  may  deem  advisable,  including  the
      interest  rate  risk  for  obligations  it  issues bearing interest at a
      floating or otherwise adjustable rate which  prevents  the  actual  rate
      over  the  term  of  the  debt from being ascertained at the date of its
      incurrence, and including the power to make any  payments  with  respect
      thereto; and
        19.  to  do  all  things necessary, convenient or desirable, including
      ancillary and incidental activities, to carry out its purposes  and  for
      the exercise of the powers granted in this title.