Section 1599-D. Purpose and powers of the authority  


Latest version.
  • The purpose of the
      authority shall be to  construct,  operate  and  maintain  one  or  more
      projects  in  the  city.  To carry out said purpose, the authority shall
      have power:
        1. To sue and be sued;
        2. To have a seal and alter the same at pleasure;
        3. To acquire, hold and dispose of personal property for its corporate
      purposes, including the  power  to  purchase  prospective  or  tentative
      awards in connection with the condemnation of real property;
        4. To acquire in the name of the city by purchase or condemnation, and
      use real property necessary or convenient. All real property acquired by
      condemnation  by  the authority shall be acquired in the manner provided
      in the condemnation law or  in  the  manner  provided  by  law  for  the
      condemnation of land by the city;
        5.  To  make by-laws for the management and regulation of its affairs,
      and, subject to agreements with bondholders, for the regulation  of  the
      project;
        6.  With  the  consent  of  the  city  to  use  agents, employees, and
      facilities of the city, including the corporation counsel, paying to the
      city its agreed proportion of the compensation or costs;
        7. To appoint officers,  agents  and  employees,  to  prescribe  their
      qualifications  and  to fix their compensation; subject, however, to the
      provisions of the civil service law, as hereinafter provided;
        8. To make contracts  and  leases,  and  to  execute  all  instruments
      necessary or convenient;
        9.  To  construct  such buildings, structures and facilities as may be
      necessary or convenient;
        10. To reconstruct, improve, maintain and operate the projects;
        11. To accept grants, loans or contributions from the  United  States,
      the  state  of  New  York, or any agency or instrumentality of either of
      them, or the city, and to expend the proceeds for any  purposes  of  the
      authority;
        12.  To fix and collect rentals, fees and other charges for the use of
      the projects or any of them subject  to  and  in  accordance  with  such
      agreements with bondholders as may be made as hereinafter provided;
        13.  To  construct, operate or maintain in the projects all facilities
      necessary or convenient in connection therewith; and to contract for the
      construction, operation or maintenance  of  any  parts  thereof  or  for
      services  to be performed; to rent parts thereof, and grant concessions,
      all on such terms and conditions as it may determine; provided, however,
      that neither the authority, the city of Binghamton, or any agency of the
      authority or city, or any  other  person,  firm  or  corporation  shall,
      within or on any property comprising a part of any project authorized by
      this  title,  sell,  dispense or otherwise handle any product used in or
      for the servicing of any motor vehicle using  any  project  or  facility
      authorized  by  this  title,  and  provided further that the location of
      sites of the projects shall be  subject  to  the  prior  advice  of  the
      planning board of the city.
        * NB Authority ceased to exist 12/31/99
        * NB There are 4 § 1599-d's