Section 1077. Suffolk county water authority

1. The corporate existence of
  the Suffolk county water authority, heretofore created pursuant  to  the
  provisions  of chapter eight hundred forty-seven of the laws of nineteen
  hundred thirty-four and thereafter continued pursuant to the  provisions
  of article seven of the county law, is hereby continued for the purposes
  and  charged  with  the  duties  and  having the powers provided in this
  title. The authority shall be a body corporate and politic, constituting
  a public benefit corporation. It shall consist of five  members  all  of
  whom shall be residents of the county of Suffolk. The present members of
  the  authority  shall  continue  in office until the expiration of their
  several terms of office and the board of supervisors shall  appoint  two
  additional  members whose terms of office shall in the first instance be
  fixed by such board of supervisors in such manner and for  such  periods
  of time that the office of one member of the authority shall expire each
  year.  Their  successors  shall  be appointed one member annually by the
  county board of supervisors for a term of five years. Vacancies  in  the
  membership of such authority, other than by expiration of term, shall be
  filled  by  the  board  of  supervisors by appointment for the unexpired
  term. The chairman in office at the effective date of this  title  shall
  continue  in  such  office  until  the expiration of his term of office.
  Thereafter the chairman of such authority  shall  be  appointed  by  the
  county board of supervisors. The members of such authority shall receive
  such  compensation  for their services as shall be fixed by the board of
  supervisors and  shall  be  reimbursed  for  all  necessary  and  actual
  expenses incurred in connection with their duties as such members and in
  connection  with  the  carrying  out  of the purposes of this title. The
  power of such authority shall be vested in and exercised by  a  majority
  of  the  members  of  the  authority  then in office. Said authority may
  delegate to one or more of its members, or  its  agents,  or  employees,
  such powers and duties as it may deem proper. The corporate existence of
  such  authority  shall  continue until its liabilities have been met and
  its bonds have been paid in full. Upon ceasing to exist, all its  rights
  and property shall pass to the county of Suffolk.
    2.  Neither  the  public  service  commission  nor  any other board or
  commission of like character, shall have jurisdiction over the authority
  in the management and control of its properties  or  operations  or  any
  power  over  the  regulation  of rates fixed or charges collected by the
  authority.
    3. It is hereby determined and declared that  the  authority  and  the
  carrying  out of its powers, purposes and duties are in all respects for
  the benefit of the people of the county of Suffolk and the state of  New
  York,  for  the  improvement of their health, welfare and prosperity and
  that the said purposes are public purposes and that the authority is and
  will be performing an essential governmental function in the exercise of
  the powers conferred upon it by this title.