Section 3404. General powers of the corporation

Subject to this title, the
  civil practice law and rules, 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 procedure law any  real  property  within  Nassau  county
  required  by  the  corporation  to  carry out the powers granted by this
  title with the approval of both the county legislature  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,
  the county 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 where otherwise provided by 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.  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
    18. 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.