Section 2579. General powers of the authority  


Latest version.
  • 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 bonds for any of  its  corporate  powers,
      purposes  or  its projects, and to provide for the rights of the holders
      thereof;
        4. To make bylaws and rules for the management and regulation  of  its
      affairs and for the regulation of any project 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. A copy of such bylaws and rules, and all amendments thereto,
      duly  certified  by the secretary of the authority shall be filed in the
      office of the  county  clerk  of  the  county  and  shall  be  published
      thereafter  once  in each of two newspapers having a general circulation
      in the county;
        5. To  acquire  by  purchase,  grant,  lease,  gift,  or  condemnation
      pursuant  to  the  provisions of the eminent domain procedure law and at
      the request of the municipality in which the real property  is  located,
      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 authority shall determine;
        6.   To  acquire,  construct,  reconstruct,  lease,  expand,  improve,
      maintain,  equip,  furnish,  and  operate  a  project  for  purposes  of
      professional  soccer  and,  if  necessary,  to  pay  or finance the cost
      thereof, and provided, that any lease, management or operation agreement
      shall contain a condition that the lessee,  manager  or  operator  shall
      establish a summer soccer program for city youth;
        7. To operate and maintain a facility for the purposes of minor league
      baseball, presently known as Frontier Field;
        8.  To  apply for and 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,  any  municipality,  any  public  corporation,  or any other
      source, and to use any such gifts, grants, loans  or  contributions  for
      any  of  its  corporate purposes; provided that in any agreement selling
      the naming rights to a  sports  facility  constructed  for  purposes  of
      professional  soccer,  there  shall  be  a  provision requiring that the
      person purchasing such naming rights shall initiate a  youth  internship
      program for city high school students;
        9.  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
      authority may deem desirable;
        10. To designate the depositories of its money;
        11. To establish its fiscal year;
        12.  To enter into contracts, agreements and leases and to execute all
      instruments necessary or convenient to  accomplishing  its  purposes  as
      described in this title;
        13.  To  appoint  such officers, employees and agents as the authority
      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;
    
        14.  With  the  consent  of  the  county  executive, to use employees,
      agents, consultants and facilities  of  the  county  paying  its  agreed
      proportion of the compensation or costs;
        15.  To  make  plans,  surveys,  and  studies necessary, convenient or
      desirable to  the  effectuation  of  the  purposes  and  powers  of  the
      authority and to prepare recommendations in regard thereto;
        16. To enter upon such lands, waters or premises as in the judgment of
      the  authority may be necessary, convenient or desirable for the purpose
      of making surveys, soundings, borings and examinations to accomplish any
      purpose authorized by this title;
        17. To establish, fix, revise, charge, collect and  enforce  fees  and
      charges  for the use of such facilities so as to provide revenues which,
      together with other earnings of the sports facilities, if  any,  as  the
      same  shall  become due, offset the expense of operating and maintaining
      the sports facility  together  with  proper  reserves  for  maintenance,
      contingencies   and  all  other  obligations  and  indebtedness  of  the
      authority;
        18. To do all things necessary, convenient or desirable to  carry  out
      its  purposes  and for the exercise of the powers granted in this title;
      and
        19. To insure or provide for the insurance of the authority's property
      or operations.