Section 1048-D. 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 negotiable or non-negotiable notes, bonds
  or  other  obligations  and  to  provide  for  the rights of the holders
  thereof;
    4. To make  and  amend  by-laws  for  its  organization  and  internal
  management,  and  rules  and  regulations  governing the exercise of its
  power and the fulfillment of its purposes under this title and file such
  by-laws with the secretary of state and clerk of the city;
    5. To enter into contracts and to execute all instruments necessary or
  convenient or desirable for the purposes of the authority to  carry  out
  any powers expressly given it in this title;
    6.  To acquire, by purchase, gift, grant, transfer, contract or lease,
  lease as lessee, hold, and use any real  or  personal  property  or  any
  interest  therein,  as  the  authority may deem necessary, convenient or
  desirable to carry out the purpose of this title provided, however,  the
  authority may not acquire or otherwise receive real property of the city
  without  the  consent of the city and to sell, lease as lessor, transfer
  and dispose of any property or interests therein at any time required by
  it in the exercise of its powers;
    7. To appoint such officers and employees as it 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 the rules of the civil service commission of
  the city, and to retain  or  employ  counsel,  auditors,  engineers  and
  private consultants for rendering professional or technical services and
  advice;
    8. To make plans and studies necessary, convenient or desirable to the
  effectuation  of the purposes and powers of the authority and to prepare
  recommendations in regard thereto;
    9. To make use of existing studies, surveys,  plans,  data  and  other
  material  in the possession of any state agency, any municipality or the
  water board in order to avoid duplication of effort;
    10. To enter upon such lands, waters, or premises as in  the  judgment
  of  the  authority shall be necessary for the purpose of making surveys,
  soundings, borings and examinations to accomplish any purpose authorized
  by this title, the authority being liable only for actual damage done;
    11. To conduct investigations and hearings in the furtherance  of  its
  general  purposes,  and  in  aid  thereof  to  have access to any books,
  records or papers relevant thereto; and if any  person  whose  testimony
  shall  be  required  for  the  proper  performance  of the duties of the
  authority shall fail or refuse to aid or assist  the  authority  in  the
  conduct  of  any  investigation  or  hearing, or to produce any relevant
  books, records or other papers, the authority is authorized to apply for
  process of subpoena, to issue out  of  any  court  of  general  original
  jurisdiction whose process can reach such person, upon due cause shown;
    12. To enter into agreements with the water board and the city for the
  financing by the authority of water projects, as herein provided;
    13.  To  apply for and to accept any gifts or grants or loans of funds
  or property or financial or other aid  in  any  form  from  the  federal
  government  or  any agency or instrumentality thereof, or from the state
  or any agency or instrumentality thereof or from any other  source,  for
  any  or  all  of  the purposes specified in this chapter, and to comply,
  subject to the provisions of this title, with the terms  and  conditions
  thereof; and

    14.  To  do all things necessary, convenient or desirable to carry out
  its purposes and for the exercise of the powers granted in this title.