N.Y. PBA Law § 2782 — New York Code / Act PBA / Article 8 / Title 32 / Section 2782
General powers of the authority
Status: in_force

§ 2782. General powers of the authority. Except as otherwise limited\nby this title, the authority shall have power:\n  1. to sue and be sued:\n  2. to have a seal and alter the same at pleasure;\n  3. to borrow money and issue bonds for any of its corporate purposes\nor its projects and to provide for the rights of the holders thereof;\n  4. to make and alter by-laws for its organization and management, and,\nsubject to agreements with its bondholders, to make and alter rules and\nregulations governing the exercise of its powers and the fulfillment of\nits purposes under this title;\n  5. (a) to acquire by purchase, grant, lease, gift, or otherwise and to\nhold and use property necessary, convenient or desirable to carry out\nits corporate purposes, and to sell, convey, mortgage, lease, pledge,\nexchange or otherwise dispose of any such property in such manner as the\nauthority shall determine;\n  (b) to acquire by condemnation pursuant to the provisions of the\neminent domain procedure law with the approval of the county\nlegislature;\n  6. to acquire, construct, reconstruct, lease, expand, improve,\nmaintain, equip, furnish, operate one or more projects and, if\nnecessary, to pay or finance the cost thereof;\n  7. to accept gifts, grants, loans, or contributions of funds or\nproperty or financial or other aid in any form from, and enter into\ncontracts or other transactions with, the federal government, the state\nor any public corporation or any other source, and to use any such\ngifts, grants, loans or contributions for any of its corporate purposes;\n  8. to grant options to renew any lease with respect to any project or\nprojects and to grant options to buy any project at such price as the\nauthority may deem desirable;\n  9. to designate the depositories of its money;\n  10. to establish its fiscal year;\n  11. to enter into contracts, agreements and leases with the federal\ngovernment, the state, the county, any person or other public\ncorporation and to execute all instruments necessary or convenient to\naccomplishing its corporate purposes;\n  12. to appoint such officers, employees and agents as the authority\nmay require for the performance of its duties, and to fix and determine\ntheir qualifications, duties, and compensation subject to the provisions\nof the civil service law and any applicable collective bargaining\nagreement, and to retain or employ counsel, auditors, engineers and\nprivate consultants on a contract basis or otherwise for rendering\nprofessional, management or technical services and advice;\n  13. with the consent of the county executive, to use employees,\nagents, consultants and facilities of the county, paying the county its\nagreed proportion of the compensation or costs;\n  14. to make and adopt plans, surveys, and studies necessary,\nconvenient or desirable to the effectuation of the purposes and powers\nof the authority and to prepare recommendations in regard thereto;\n  15. to enter upon such lands, waters or premises as in the judgement\nof the authority may be necessary, convenient or desirable for the\npurpose of making surveys, soundings, borings and examinations to\naccomplish any purpose authorized by this title, the authority being\nliable for actual damage done;\n  16. the authority may covenant and consent that the interest on any of\nits bonds or notes issued pursuant to this title shall be includable,\nunder the United States Internal Revenue Code of 1986, as amended (the\n"code") or any subsequent corresponding internal revenue law of the\nUnited States, in gross income of the holders of the bonds or notes to\nthe same extent and in the same manner that the interest on bills,\nbonds, notes or other obligations of the United States is includable in\nthe gross income of the holders thereof under the code or any such\nsubsequent law;\n  17. to do all things necessary, convenient or desirable to carry out\nits purposes and for the exercise of the powers granted in this title;\n  18. to insure or provide for the insurance of the authority's property\nor operations as required by law and also against such other risks as\nthe authority may deem advisable.\n
N.Y. PBA Law § 2780 — New York Code / Act PBA / Article 8 / Title 32 / Section 2780
Advances on behalf of the authority; transfer of property to authority; acquisition of property by county for authority
Status: in_force

§ 2780. Advances on behalf of the authority; transfer of property to\nauthority; acquisition of property by county for authority.  1. In\naddition to any powers granted to it by law, the county may, from time\nto time, appropriate by resolution sums of money to defray project costs\nor any other costs and expenses of the authority including operating\nexpenses.\n  Subject to the rights of bond holders, the county may determine if the\nmonies so appropriated shall be subject to repayment by the authority to\nthe county and, in such event, the manner and time or times for such\nrepayment.\n  2. Notwithstanding any inconsistent provision of any general, special\nor local law, ordinance, resolution or charter, any public corporation\nmay, by a majority vote of its governing body and the approval of its\nchief executive officer, give, grant, sell, convey, loan, license the\nuse of or lease to the authority any property or facilities, including\naviation facilities and pollution control facilities, which are useful\nin connection with the exercise by the authority of its powers under\nthis title. Any such gift, grant, sale, conveyance, loan, license or\nlease shall be upon such terms and conditions, and for such term or\nterms of years, subject to the rights of the holders of any bonds, as\nthe authority and such public corporation may agree. Any such gift,\ngrant, sale, conveyance, lease, loan or license shall not be subject to\nreferendum, permissive or mandatory. In the event that any public\ncorporation gives, grants, sells, conveys, loans, licenses or leases any\naviation facilities or pollution control facilities to the authority,\nsuch public corporation may contract with the authority to lease,\nborrow, license, operate, maintain, manage and provide services for such\nfacilities upon such terms and conditions and for such term or terms of\nyears, subject to the rights of holders of bonds, as the authority and\nsuch public corporation may agree. The authority, in furtherance of any\npurchase, conveyance or lease of any property or facility from any\npublic corporation, may assume the primary responsibility for the\npayment of the principal and interest on any bonds or notes issued by\nsuch public corporation for such property or facility. For purposes of\nsection 136.00 of the local finance law, any agreement by the authority\nto assume the primary responsibility for the payment of the principal\nand interest on any bonds or notes issued by any such public corporation\nshall, so long as such agreement shall continue to be honored by the\nauthority, cause such bonds or notes to be deemed to have been refunded\nand any such public corporation may deduct from its gross indebtedness\nany outstanding indebtedness contracted for such property or facility to\nbe acquired by the authority.\n  3. The county may acquire by purchase, grant, lease, gift or\ncondemnation pursuant to the eminent domain procedure law real property\nin the name of the county for any corporate purpose of the authority.\n  4. Notwithstanding the provisions of any other law, general, special\nor local, real property acquired by the authority or the county from the\nstate may be used for any corporate purpose of the authority provided,\nhowever, no non-hazardous solid waste, toxic, or hazardous waste site,\ncenter, consolidated collection or transfer area, shall be located or\nmaintained at the airport, or on lands adjacent to the airport that are\nused in support of airport operations as contained in any present or\nfuture airport layout plan approved by the New York state department of\ntransportation or the federal aviation administration and no\nnon-hazardous solid waste, toxic, or hazardous waste site, center,\nconsolidated collection or transfer area, shall be located or maintained\non any other lands made available by the county in support of airport\noperations by way of any agreement between the county and the airport\noperator. The storage of materials, which by federal definition may be\nclassified as hazardous materials, but are acquired by the airport\noperator, its agent, or assignee, solely in support of airport\noperations or airport facility maintenance shall be exempt from the\nprovisions of this subdivision. The inventory, storage and use of such\nmaterials shall be in accordance with all applicable federal and state\nregulations.\n
N.Y. PBA Law § 2778 — New York Code / Act PBA / Article 8 / Title 32 / Section 2778
Definitions
Status: in_force

§ 2778. Definitions. As used or referred to in this title, unless a\ndifferent meaning clearly appears from the context:\n  1. "Airport" (a) shall mean any area of land or water which is used or\nintended for use, for the landing and takeoff of aircraft, and any\nappurtenant areas which are used, or intended for use, for airport\nbuildings, parking facilities or other airport facilities or\nrights-of-way, together with all airport buildings and facilities\nlocated thereon; and (b) includes any heliport.\n  2. "Airport hazard" shall mean any structure or object of natural\ngrowth located on or in the vicinity of an airport, or any use of land\nnear such an airport, which obstructs the airspace required for the\nflight of aircraft in landing or taking off at such airport or is\notherwise hazardous to such landing or taking off of aircraft.\n  3. "Authority" shall mean the corporation created by this title.\n  4. "Aviation facilities" shall mean any airport facility or terminal\nincluding but not limited to any facility, property or equipment\nnecessary, convenient or desirable for the landing, taking off,\naccommodation or servicing of aircraft of all types, and shall include\nsuch other facilities, equipment, property, structures and appurtenances\nas may be necessary or convenient in the operation, maintenance,\ndevelopment or improvement of an airport including facilities,\nequipment, property, structures, and appurtenances, leased by the\nauthority to persons, engaged in air transportation or the production or\ndevelopment of materials, goods or equipment for an airport or air\ntransportation or in providing facilities or equipment for the\naccommodation, safety, security or comfort of the traveling public and\nfor purposes related or incidental to one or more of the foregoing\npurposes. It shall include, without limitation, runways, aprons,\nhangars, control towers, ramps, taxiways, navigation aids, warehouses,\noffice and service buildings, structures, parking facilities, concession\nfacilities, maintenance facilities, fuel facilities, facilities for the\novernight accommodation of passengers and carrier employees, including\nhotels and motels located at the authority's airport, and facilities for\nthe loading, unloading, holding, interchange or transfer of such\npassengers, freight, baggage or cargo. It shall also mean any property\nnecessary to remove, mitigate, prevent or limit airports hazards. It\nshall also mean facilities and equipment providing access to an airport\nfacility or terminal, including appropriate mass transportation terminal\nfacilities at and within the airport facility or terminal itself. It\nshall also mean pollution control facilities, highways, bridges, access\nroads, driveways and approaches in the vicinity of an airport facility\nor terminal providing improved access to such airport facility or\nterminal.\n  5. "Bonds" shall mean the bonds, notes or other evidences of\nindebtedness issued by the authority pursuant to this title and the\nprovisions of this title relating to bonds and bond holders which shall\napply with equal force and effect to notes and note holders unless the\ncontext otherwise clearly requires.\n  6. "Construction" shall mean the acquisition, erection, building,\nalteration, repair, improvement, increase, enlargement, extension,\ninstallation, reconstruction, renovation or rehabilitation of a project\nincluding any appurtenances thereto which may be necessary or desirable\nto promote the efficiency or effectiveness of such project; the\ninspection and supervision thereof; and the engineering, consulting,\narchitectural, legal, fiscal and economic and environmental\ninvestigations and studies, surveys, designs, plans, working drawings,\nspecifications, procedures and other actions incidental thereto and\nclaims arising therefrom.\n  7. "Cost", as applied to any project, shall include the cost of\nconstruction, the cost of the acquisition of all property both real and\npersonal, improved and unimproved, the cost of demolishing, removing or\nrelocating any buildings or structures on lands so acquired, including\nthe cost of relocating tenants or other occupants of the buildings or\nstructures on such land and the cost of acquiring any lands to which\nsuch buildings or structures may be moved or relocated, the cost of all\nsystems, facilities, machinery, apparatus and equipment, financing\ncharges, interest prior to, during and after construction to the extent\nnot paid or provided for from revenues or other sources, the cost of\nengineering and architectural surveys, plans and specifications the cost\nof consultants and legal services, the cost of lease, guarantees, credit\nenhancement or bond insurance, other expenses necessary or incidental to\nthe construction of such project and the financing of the construction\nthereof, including the amount authorized in the resolution of the\nauthority providing for the issuance of bonds to be paid into any\nreserve or other special fund from the proceeds of such bonds and the\nfinancing of the placing of any project in operation, including\nreimbursement to any public corporation, the state, the federal\ngovernment or any other person for expenditures, that would be costs of\nthe project hereunder had they been made directly by the authority.\n  8. "County" shall mean Albany county.\n  9. "Equipment" shall mean snow removal vehicles, fire fighting and\nrescue vehicles, passenger and freight vehicles, aircraft, motors,\nboilers, engines, wires, ways, conduits and mechanisms, machinery,\ntools, implements, materials, supplies, instruments and devices of every\nnature whatsoever used or useful for aviation and transportation\npurposes or for the generation or transmission of motive power including\nbut not limited to all power houses, and all apparatus and all devices\nfor navigation, security, safety, signaling, communications and\nventilation as may be necessary, convenient or desirable for the\noperation of aviation facilities and pollution control facilities.\n  10. "Facility" shall mean, among other things, such properties,\nstructures, appurtenances, utilities, terminals, railroad trackage,\nwarehouses, elevators and such other works, properties, buildings or\nallied items necessary or desirable in connection with development,\noperation, maintenance or improvement of airport and public\ntransportation needs and for the accommodation, safety, security or\ncomfort of the public and of commercial enterprise.\n  11. "Federal government" shall mean the United states of America, and\nany department, board, commission, bureau, division, corporation, agency\nor instrumentality thereof.\n  12. "Joint service arrangements" shall mean agreements between or\namong the authority and any person, the state, the county, any other\npublic corporation, the federal government, any other state or agency or\ninstrumentality thereof, relating to property, buildings, structures,\nfacilities, services, rates, fares, classification, divisions,\nallowances or charges (including charges between operators of railroad,\nomnibus and aviation facilities), or rules or regulations pertaining\nthereto, for or in connection with or incidental to transportation in\npart in or upon railroad, omnibus or aviation facilities located within\nthe county and in part in or upon railroad, omnibus or aviation\nfacilities located outside the county.\n  13. "Municipality" shall mean a county, city, town, village or school\ndistrict.\n  14. "Person" shall mean any natural person, firm, partnership\nassociation, joint venture or corporation, exclusive of a public\ncorporation.\n  15. "Personal property" shall mean chattels and other tangible things\nof a moveable or removable nature.\n  16. "Pollution control facilities" shall mean any equipment,\nimprovement, structure or facility or any land and any building,\nstructure, facility or other improvement thereon, or any combination\nthereof, and all property deemed necessary therewith, having to do with\nor the end purpose of which is the control, abatement or prevention of\nland, sewer, water, air, noise or general environmental pollution\nderiving from the operation of aviation facilities, including, but not\nlimited to, any air pollution control facility, noise abatement or\nsuppression facility (including physical barriers, landscaping and sound\nproofing for the purpose of diminishing the effect of aircraft noise on\nany area adjacent to an airport), water management facility, waste water\ncollecting systems, waste water treatment works, sewage treatment works\nsystem, or sewage treatment system or site.\n  17. "Property" shall mean both real and personal property.\n  18. "Project" shall mean any property or improvements located within\nthe state of New York and within or outside or partially outside Albany\ncounty, including, but not limited to, machinery, equipment and other\nfacilities deemed necessary or desirable in connection therewith, or\nincidental thereto, whether or not now in existence or under\nconstruction, which shall be necessary or suitable for aviation purposes\nand airport development and which may include or mean aviation\nfacilities and pollution control facilities provided, however, the\nauthority shall not use its funds in respect of any part of a project\nlocated wholly or partially outside the county without the prior consent\nthereto by the governing body of any other county in which a part or\nparts of the project is, or is to be located.  It shall also mean any\nproperty necessary to remove, mitigate, prevent or limit airport noise\nor hazards.\n  19. "Public corporation" shall mean a county, city, town, village,\nschool district or special district, any public benefit corporation,\nagency or instrumentality of the state or of any municipality, or two or\nmore of any of the foregoing acting jointly.\n  20. "Real property" shall mean lands, structures, franchises and\ninterests in land, airspace, waters, lands under water, riparian rights,\nair rights, any fixtures, equipment and articles of personal property\naffixed to or used in connection therewith, and any and all things and\nrights included within said term and includes not only fees simple\nabsolute but also any and all lesser interests including but not limited\nto easements, rights of way, uses, leases, licenses and all other\nincorporeal hereditaments and every estate, interest or right, legal or\nequitable, including terms for years and liens thereon by way of\njudgments, mortgages, or otherwise.\n  21. "Revenues" shall mean all rates, fees, rents, revenues, charges\nand other income derived by the authority from the operation, leasing,\nsale or other disposition of the airport or airport related facilities.\n  22. "State" shall mean the state of New York.\n
N.Y. ENV Law § 27-3205 — New York Code / Act ENV / Article 27 / Title 32 / Section 27-3205
Violations
Status: in_force

§ 27-3205. Violations.\n  1. A hotel that violates a provision of this title shall receive a\nwarning notice for the first such violation, detailing the hotel's\nrequirement to correct the violation within thirty days from the date\nthe notice is sent. A hotel shall be liable to the state for a civil\npenalty of two hundred fifty dollars for the first violation after\nreceiving a warning and failing to correct the violation within thirty\ndays and five hundred dollars for any subsequent violation in the same\ncalendar year. A hearing or opportunity to be heard shall be provided\nprior to the assessment of any civil penalty.\n  2. The department is hereby authorized to enforce the provisions of\nthis title and all monies collected shall be deposited to the credit of\nthe environmental protection fund established pursuant to section\nninety-two-s of the state finance law.\n
N.Y. PBA Law § 2790 — New York Code / Act PBA / Article 8 / Title 32 / Section 2790
Agreement with state
Status: in_force

§ 2790. Agreement with state. The state does hereby pledge to and\nagree with the holders of any bonds issued by the authority pursuant to\nthis title and with those persons or public corporations who may enter\ninto contracts with the authority pursuant to the provisions of this\ntitle that the state will not alter, limit or impair the rights hereby\nvested in the authority to purchase, construct, own and operate,\nmaintain, repair, improve, reconstruct, renovate, rehabilitate, enlarge,\nincrease and extend, or dispose of any project, or any part or parts\nthereof for which bonds of the authority shall have been issued, to\nestablish and collect rates, rents, fees and other charges referred to\nin this title, to fulfill the terms of any contracts or agreements made\nwith or for the benefit of the holders of bonds or with any person or\npublic corporation with reference to such project or part thereof, or in\nany way to impair the rights and remedies of the holders of bonds, until\nthe bonds, together with interest thereon, including interest on any\nunpaid installments of interest, and all costs and expenses in\nconnection with any action or proceeding by or on behalf of the holders\nof bonds, are fully met and discharged and such contracts are fully\nperformed on the part of the authority. The authority is authorized to\ninclude this pledge and agreement of the state in any agreement with the\nholders of bonds.\n
N.Y. PBA Law § 2783 — New York Code / Act PBA / Article 8 / Title 32 / Section 2783
Special powers of the authority
Status: in_force

§ 2783. Special powers of the authority. In order to effectuate the\npurpose of this title:\n  1. The authority may enter into any joint service arrangements as\nhereinafter provided.\n  2. The authority may, on such terms and conditions as the authority\nmay determine necessary, convenient or desirable, establish, construct,\neffectuate, operate, manage, maintain, renovate, improve, extend or\nrepair any aviation facilities or pollution control facilities, or may\nprovide for such establishment, construction, effectuation, operation,\nmanagement, maintenance, renovation, improvement, extension or repair by\ncontract, lease, or other arrangement on such terms as the authority may\ndeem necessary, convenient or desirable with the federal government, any\nstate or agency or instrumentality thereof, any person or public\ncorporation. In connection with the operation of any such facilities,\nthe authority may establish, construct, effectuate, operate, manage,\nmaintain, renovate, improve, extend or repair, or may provide by\ncontract, lease or other arrangement for the establishment,\nconstruction, effectuation, operation, management, maintenance,\nrenovation, improvement, extension or repair of any related services and\nactivities it deems necessary, convenient or desirable.\n  3. The authority may establish, fix, revise, levy and collect or cause\nto be established, fixed, revised, levied and collected and, in the case\nof a joint service arrangement, join with others in the establishment,\nfixing, revision, levy and collection of such fares, rentals, rates,\ncharges, landing fees, concession fees and other fees as it may deem\nnecessary, convenient or desirable for the use and operation of any\naviation facilities, and related services operated or managed by the\nauthority or under contract, pollution control facilities, lease or\nother arrangement, including joint service arrangements, with the\nauthority. Such fares, rentals, rates, charges, landing fees, concession\nfees or other fees shall be at least sufficient at all times in the\njudgement of the authority to establish and maintain the operations of\nthe authority on a self-sustaining basis. Such operations shall be\ndeemed to be on a self-sustaining basis as required by this title, when\nthe authority is able to pay or fund or cause to be paid or funded from\nrevenues and any other funds actually available to the authority: (a)\nthe principal of, premium, if any, and the interest on outstanding bonds\nof the authority as the same shall become due and payable and any\ncapital or debt service reserve therefor and, to the extent required by\nan agreement between the county and the authority, the principal of and\ninterest on any general obligations bonds, notes or other evidence of\nindebtedness of the county issued for or allocable to any project of the\nauthority as the same shall become due and payable and any reserves\ntherefor, (b) the cost of administering, maintaining, repairing and\noperating any project of the authority, (c) the cost of constructing\ncapital improvements thereto pursuant to any agreement between the\ncounty and the authority, (d) any liabilities incurred for or allocable\nto any project of the authority including any liabilities of the county\nassumed by the authority pursuant to any agreement between the county\nand the authority, as the same become due and payable, (e) any\nrequirements of any agreement including those relating to the\nestablishment of reserves for renewal and replacement and for\nuncollected fares, rentals, rates, charges and fees and covenants\nrespecting rates and debt service and earnings coverage ratios, (f) all\nother reasonable and necessary expenses of the authority, and (g) the\ncost of such additional projects as may be now or hereafter authorized,\nby law and agreed to by the authority.\n  4. The authority may establish and, in the case of joint service\narrangements, join with others in the establishment of such schedules\nand standards of operations and such other rules and regulations\nincluding but not limited to rules and regulations governing the\nconduct, safety and security of the public as it may deem necessary,\nconvenient or desirable for the use, operation and management of any\nproject and related services operated or managed by the authority or\nunder contract, lease or other arrangement, including joint service\narrangements, with the authority. Such rules and regulations governing\nthe conduct, safety and security of the public shall be filed with the\ndepartment of state in the manner provided by section one hundred two of\nthe executive law. In the case of any conflict between any such rule or\nregulation of the authority governing the conduct, safety and security\nof the public and any local law, ordinance, rule or regulation, such\nrule or regulation of the authority shall prevail.\n  5. The authority may do all things it deems necessary, convenient or\ndesirable to manage, control and direct the maintenance and operation of\naviation facilities, equipment or property operated by or under\ncontract, lease or other arrangement with the authority.  Except as\nagreed to pursuant to any agreement between the authority and any public\ncorporation and except as hereinafter specially provided, no\nmunicipality except for the county, shall have jurisdiction over any\nfacilities of the authority or any of its activities or operations. The\nauthority shall provide for such facilities police, fire and health\nprotection services.\n  6. The authority may accept unconditional grants of money or property\nfrom any municipality the whole or any part of which municipality shall\nbe served or to be served by an aviation facility operated by the\nauthority. Such grants of money or property would be for the purpose of\nassisting the authority in meeting its capital or operating expenses.\nThe acceptance of any such grant shall not operate to make the authority\nan agency of the municipality making the grant.\n  7. In any instance where the county is required by law, with respect\nto an airport or any aviation facilities, to conduct a public hearing in\nconnection with a contract, lease, joint service arrangement, charge,\nfare, rental or fee, the authority shall not enter into such contract,\nlease, joint service arrangement, or establish, fix, revise or levy any\ncharge, fare, rental, landing fee, concession fee or other fee unless\nand until the authority has held a public hearing at which interested\npersons have had an opportunity to be heard concerning the same,\nprovided, however, if the county has conducted a public hearing in\nconnection with such contract, lease, joint service agreement, charge,\nfare, rental or fee, the authority shall not be required to hold a\npublic hearing. Notice of such public hearing shall be published by the\nauthority at least ten days before the date set there for, in at least\none newspaper of general circulation in the county. Such notice shall\nset forth the date, time and place of such hearing and shall include a\nbrief description of the matters to be considered at such meeting. At\nall such hearings, any interested persons shall have an opportunity to\nbe heard concerning the matters under consideration. Any decision of the\nauthority on matters considered at such public hearing shall be in\nwriting and be made available in the office of the authority for public\ninspection during regular office hours.\n
N.Y. PBA Law § 2795 — New York Code / Act PBA / Article 8 / Title 32 / Section 2795
Code of ethics
Status: in_force

§ 2795. Code of ethics. 1. Definition. As used in this section the\nterm "authority employee" shall mean any member, officer or employee of\nthe authority.\n  2. Rule with respect to conflicts of interest. No authority employee\nshould have any interest, financial or otherwise, direct or indirect, or\nengage in any business or transaction or professional activity or incur\nany obligation of any nature, which is in substantial conflict with the\nproper discharge of his or her duties in the public interest.\n  3. Standards.\n  a. No authority employee should accept other employment which will\nimpair his or her independence of judgment in the exercise of his or her\nofficial duties.\n  b. No authority employee should accept employment or engage in any\nbusiness or professional activity which will require the employee to\ndisclose confidential information which he or she has gained by reason\nof his or her official position or authority.\n  c. No authority employee should disclose confidential information\nacquired by the employee in the course of his or her official duties nor\nuse such information to further his or her personal interests.\n  d. No authority employee should use or attempt to use his or her\nofficial position to secure unwarranted privileges or exemptions for\nhimself or herself or others.\n  e. No authority employee should engage in any transaction as\nrepresentative or agent of the authority with any business entity in\nwhich he or she has a direct or indirect financial interest that might\nreasonably tend to conflict with the proper discharge of his or her\nofficial duties.\n  f. An authority employee should not by his or her conduct give\nreasonable basis for the impression that any person can improperly\ninfluence such employee or unduly enjoy his or her favor in the\nperformance of his or her official duties, or that he or she is affected\nby the kinship, rank, position or influence of any party or person.\n  g. An authority employee should abstain from making personal\ninvestments in enterprises which he or she has reason to believe may be\ndirectly involved in decisions to be made by the employee or which will\notherwise create substantial conflict between his or her duty in the\npublic interest and his or her private interest.\n  h. An authority employee should endeavor to pursue a course of conduct\nwhich will not raise suspicion among the public that he or she is likely\nto be engaged in acts that are in violation of his or her trust.\n  i. No authority employee employed on a full-time basis nor any firm or\nassociation of which such an employee is a member nor corporation a\nsubstantial portion of the stock of which is owned or controlled\ndirectly or indirectly by such employee, should sell goods or services\nto any person, firm, corporation or association which is licensed or\nwhose rates are fixed by the authority in which such employee serves or\nis employed.\n  j. If any authority employee shall have a financial interest, direct\nor indirect, having a value of ten thousand dollars or more in any\nactivity which is subject to the jurisdiction of a regulatory agency, he\nor she should file with the secretary of state a written statement that\nhe or she has such a financial interest in such activity which statement\nshall be open to public inspection.\n  4. Violations. In addition to any penalty contained in any other\nprovision of law any such authority employee who shall knowingly and\nintentionally violate any of the provisions of this section may be\nfined, suspended or removed from office or employment.\n
N.Y. PBA Law § 2789 — New York Code / Act PBA / Article 8 / Title 32 / Section 2789
Bonds legal investment for fiduciaries
Status: in_force

§ 2789. Bonds legal investment for fiduciaries. The bonds of the\nauthority are hereby made securities in which all public officers and\nbodies of the state and all municipalities, all insurance companies and\nassociations and other persons carrying on an insurance business, all\nbanks, bankers, trust companies, savings banks and savings associations,\nincluding savings and loan associations, building and loan associations,\ninvestment companies and other persons carrying on a banking business,\nand administrators, guardians, executors, trustees and other fiduciaries\nand all other persons whatsoever, who are now or may hereafter be\nauthorized to invest in bonds or other obligations of the state may\nproperly and legally invest funds including capital in their control or\nbelonging to them. Notwithstanding other provisions of law, the bonds\nare also hereby made securities which may be deposited with and may be\nreceived by all public officers and bodies of the state and all\nmunicipalities for any purposes for which the deposit of bonds or other\nobligations of this state is now or hereafter may be authorized.\n
N.Y. PBA Law § 2776 — New York Code / Act PBA / Article 8 / Title 32 / Section 2776
Short title
Status: in_force

§ 2776. Short title. This title may be cited as the "Albany County\nAirport Authority Act".\n
N.Y. PBA Law § 2779 — New York Code / Act PBA / Article 8 / Title 32 / Section 2779
Albany county airport authority
Status: in_force

§ 2779. Albany county airport authority. 1. (a) There is hereby\ncreated the Albany county airport authority. The authority shall be a\nbody corporate and politic constituting a public benefit corporation.\nThe authority shall consist of seven members who shall be residents of\nAlbany county. The members shall be appointed in the following manner:\nthree shall be appointed by the county executive and four shall be\nappointed by the majority leader of the county legislature. All\nappointments must be confirmed by the county legislature within thirty\ndays of the appointment. No more than four members may be enrolled\nmembers of the same political party. Of the members initially appointed\nby the county executive two each shall serve for a term ending December\nthirty-first, nineteen hundred ninety-six and one shall serve for a term\nending December thirty-first, nineteen hundred ninety-seven. Of the\nmembers initially appointed by the majority leader of the county\nlegislature, one shall serve for a term ending December thirty-first,\nnineteen hundred ninety-five; two each shall serve for a term ending\nDecember thirty-first, nineteen hundred ninety-six and one shall serve\nfor a term ending December thirty-first, nineteen hundred ninety-seven.\nEach member shall serve a term of four years. The majority leader and\ncounty executive shall jointly designate one of the seven members to\nserve as the chairperson of the authority. The authority may provide for\nsuch officers as may be determined necessary and the same need not be\nmembers of the authority.\n  (b) Notwithstanding the provisions of paragraph (a) of this\nsubdivision the majority leader and county executive shall jointly\nsubmit to the county legislature the initial seven members of the\nauthority. Within thirty days, the county legislature must approve or\ndisapprove the appointment of the entire group of nominees but may not\nreject an individual member nor may it modify in any way the proposed\ngroup of members.\n  2. All members shall continue to hold office until their successors\nare appointed and qualify. Except as otherwise provided in subdivision\nthree of this section, vacancies shall be filled in the manner provided\nfor original appointment. Vacancies, occurring otherwise than by\nexpiration of term of office, shall be filled for the unexpired terms.\nMembers may be removed from office for the same reasons and in the same\nmanner as may be provided by law for the removal of officers of the\ncounty. The members of the authority shall receive no compensation for\ntheir services but shall be reimbursed for all their actual and\nnecessary expenses incurred in connection with the carrying out of the\npurposes of this title. The powers as set forth in the by-laws of the\nauthority shall be established and vested in and be exercised by the\nmembers of the authority at an initial meeting duly called and held and\nfive members shall constitute a quorum. No action shall be taken at the\naforementioned initial meeting or any adjournment thereof except\npursuant to the favorable vote of at least five members of the\nauthority. Any amendment to the aforementioned powers as set forth in\nthe by-laws shall only become effective upon the favorable vote of at\nleast five members of the authority.\n  3. The authority shall have a regional advisory board consisting of\nnot less than six non-voting members. The membership shall include, but\nnot be limited to, the chairperson of the airline affairs committee of\nthe Albany county airport and other members, one of whom shall be\nappointed by the legislative body of the county of Schenectady, one of\nwhom shall be appointed by the legislative body of the county of\nSaratoga, one of whom shall be appointed by the legislative body of the\ncounty of Rensselaer and two of whom shall be appointed by the\nlegislative body of the town of Colonie.\n  4. Notwithstanding any inconsistent provision of any general, special\nor local law, ordinance, resolution or charter, no officer, member or\nemployee of the state or of any public corporation shall forfeit his or\nher office or employment by reason of his or her acceptance of\nappointment as a member, officer or employee of the authority, nor shall\nservice as such member, officer or employee be deemed incompatible or in\nconflict with such office, membership or employment.\n  5. Notwithstanding any inconsistent provision of any general, special\nor local law, ordinance, resolution or charter, no officer, member,\nelected official or employee of the county of Albany shall be eligible\nto serve as a member of the authority.\n  6. All members of the authority will be required to comply with the\nAlbany county code of ethics and to complete all disclosure forms\nrequired by said code of ethics.\n  7. The authority and its corporate existence shall continue until\nterminated by law, provided, however, that no such termination shall\ntake effect so long as the authority shall have bonds or other\nobligations outstanding unless adequate provision has been made for the\npayment or satisfaction thereof. Upon termination of the existence of\nthe authority, all of the rights and properties of the authority then\nremaining shall pass to and vest in the county of Albany in such a\nmanner as prescribed by law.\n  8. Within thirty days from the establishment of the authority, the\ncounty and authority shall undertake an environmental audit ("the\naudit") of the airport and its facilities. The audit shall be prepared\npursuant to an agreed upon scope of work between the county and the\nauthority prior to its undertaking and shall be used to establish the\nexisting environmental conditions of the airport and its facilities. As\na minimum the audit shall include, but not be limited to, the\nexamination and inspection of all property identified on the currently\napproved airport layout plan; all property adjacent to the airport\nlayout plan or otherwise used directly by the county in support of\nairport operations which will continue to be made available to the\nauthority for the same purposes in the future; all structures and\nfacilities on said properties including facilities used for the storage\nand handling of aviation, jet, automotive, heating or other fuel, oil,\npetroleum products or solvents; all storm water drainage systems\nincluding oil/water separators and systems for the collection or\ndiversion of airport and aircraft deicing agents. The results of the\naudit shall serve as a disclosure statement and will be taken into\nconsideration in any negotiations for any agreement between the county\nand the authority regarding the future operation of the airport.\n
N.Y. PBA Law § 2792 — New York Code / Act PBA / Article 8 / Title 32 / Section 2792
Exemption from taxes, assessments and certain fees
Status: in_force

§ 2792. Exemption from taxes, assessments and certain fees. 1. The\nauthority shall not be required to pay any fees, taxes, special ad\nvalorem levies or assessments, whether state or local, including but not\nlimited to fees, taxes, special ad valorem levies or assessments on real\nproperty, franchise taxes, sales taxes or other excise taxes, upon any\nproperty owned by it or under its jurisdiction, control or supervision,\nor upon the uses thereof, or upon its activities in the operation and\nmaintenance of its facilities or any fares, tolls, rentals, rates,\ncharges, fees, revenues or other income received by the authority.\nNotwithstanding the previous sentence, the authority shall be required\nto pay water and pure water fees or charges as may be negotiated by any\npublic corporation. The authority shall at all times be exempt from any\nfiling, mortgage recording or transfer fees or taxes in relation to\ninstruments filed, recorded or transferred by it or on its behalf. The\nconstruction, use, occupation or possession of any property owned by the\nauthority or the county, including improvements thereon, by any person\nor public corporation under a lease, lease and sublease or any other\nagreement shall not operate to abrogate or limit the foregoing\nexemption, notwithstanding that the lessee, user, occupant or person in\npossession shall claim ownership for federal income tax purposes.\n  2. Any bonds issued pursuant to this title together with the income\nthere from as well as the property of the authority shall at all times\nbe exempt from taxes, except for transfer and estate taxes. The state\nhereby covenants with the purchasers and with all subsequent holders and\ntransferees of bonds issued by the authority pursuant to this title, in\nconsideration of the acceptance of and payment for the bonds, that the\nbonds of the authority issued pursuant to this title and the income\ntherefrom and all revenues, monies, and other property pledged to secure\nthe payment of such bonds shall at all times be free from taxation,\nexcept for transfer and estate taxes.\n
N.Y. PBA Law § 2785 — New York Code / Act PBA / Article 8 / Title 32 / Section 2785
Bonds of the authority
Status: in_force

§ 2785. Bonds of the authority. 1. The authority shall have the power\nand is hereby authorized from time to time to issue bonds, notes or\nother obligations to pay the cost of any project or for any other\ncorporate purpose, including the establishment of reserves to secure the\nbonds, the payment of principal of, premium, if any, and interest on the\nbonds and the payment of incidental expenses in connection therewith.\nThe aggregate principal amount of such bonds, notes or other obligations\noutstanding shall not exceed two hundred eighty-five million dollars\n($285,000,000), excluding bonds, notes or other obligations issued to\nrefund or otherwise repay bonds, notes or other obligations theretofore\nissued for such purposes; provided, however, that upon any such\nrefunding or repayment the total aggregate principal amount of\noutstanding bonds, notes or other obligations may be greater than two\nhundred eighty-five million dollars ($285,000,000) only if the present\nvalue of the aggregate debt service of the refunding or repayment bonds,\nnotes or other obligations to be issued shall not exceed the present\nvalue of the aggregate debt service of the bonds, notes or other\nobligations so to be refunded or repaid. For purposes hereof, the\npresent values of the aggregate debt service of the refunding or\nrepayment bonds, notes or other obligations and of the aggregate debt\nservice of the bonds, notes or other obligations so refunded or repaid,\nshall be calculated by utilizing the effective interest rate of the\nrefunding or repayment bonds, notes or other obligations, which shall be\nthat rate arrived at by doubling the semi-annual interest rate\n(compounded semi-annually) necessary to discount the debt service\npayments on the refunding or repayment bonds, notes or other obligations\nfrom the payment dates thereof to the date of issue of the refunding or\nrepayment bonds, notes or other obligations and to the price bid\nincluding estimated accrued interest or proceeds received by the\nauthority including estimated accrued interest from the sale thereof.\nThe authority shall have power and is hereby authorized to enter into\nsuch agreements and perform such acts as may be required under any\napplicable federal legislation to secure a federal guarantee of any\nbonds.\n  2. The authority shall have power from time to time to renew bonds or\nto issue renewal bonds for such purpose, to issue bonds to pay bonds,\nand, whenever it deems refunding expedient, to refund any bond by the\nissuance of new bonds, whether the bonds to be refunded have or have not\nmatured, and may issue bonds partly to refund bonds then outstanding and\npartly for any other corporate purpose of the authority. Bonds (other\nthan notes or other evidence of indebtedness) issued for refunding\npurposes, which have a final maturity date longer than the maturity of\nthe bonds being refunded, shall be approved by a resolution of the\ncounty legislature adopted by a majority vote and approved by the county\nexecutive. Bonds issued for refunding purposes shall be sold and the\nproceeds applied to the purchase, redemption or payment of the bonds or\nnotes to be refunded.\n  3. Bonds issued by the authority may be general obligations secured by\nthe faith and credit of the authority or may be special obligations\npayable solely out of particular revenues or other moneys as may be\ndesignated in the proceedings of the authority under which the bonds\nshall be authorized to be issued, subject as to priority only to any\nagreements with the holders of outstanding bonds pledging any particular\nproperty, revenues or moneys. The authority may also enter into loan\nagreements, lines of credit and other security agreements and obtain for\nor on its behalf letters of credit, insurance, guarantees or other\ncredit enhancements to the extent now or hereafter available, in each\ncase for securing its bonds or to provide direct payment of any costs\nwhich the authority is authorized to pay.\n  4. Bonds shall be authorized by resolution of the authority, be in\nsuch denominations and bear such date or dates and mature at such time\nor times, as such resolution may provide, provided that bonds and\nrenewals thereof shall mature within forty years from the date of\noriginal issuance of any such bonds.\n  Bonds shall be subject to such terms of redemption, bear interest at\nsuch rate or rates, be payable at such times, be in such form, either\ncoupon or registered, carry such registration privileges, be executed in\nsuch manner, be payable in such medium of payment at such place or\nplaces, and be subject to such terms and conditions as such resolution\nmay provide. Notwithstanding any other provision of law, the bonds of\nthe authority issued pursuant to this section shall be sold to the\nbidder offering the lowest true interest cost, taking into consideration\nany premium or discount not less than four nor more that fifteen days,\nSundays excepted, after a notice of such sale has been published at\nleast once in a newspaper of general circulation in the area served by\nthe authority, which shall state the terms of the sale. The terms of the\nsale may not change unless notice of such change is published in such\nnewspaper at least one day prior to the date of the sale as set forth in\nthe original notice of sale. Advertisements shall contain a provision to\nthe effect that the authority, in its discretion, may reject any or all\nbids made in pursuance of such advertisements, and in the event of such\nrejection, the authority is authorized to negotiate a private or public\nsale or readvertise for bids in the form and manner above described as\nmany times as, in its judgment, may be necessary to effect satisfactory\nsale.\n  Notwithstanding the provisions of the preceding paragraph, whenever in\nthe judgment of the authority the interests of the authority will be\nserved thereby, the members of the authority, on the written\nrecommendation of the chairperson, may authorize the sale of such bonds\nat private or public sale on a negotiated basis or on either a\ncompetitive or negotiated basis. The authority shall set guidelines\ngoverning the terms and conditions of any such private or public sales.\nThe private or public bond sale guidelines set by the authority shall\ninclude, but not be limited to, a requirement that where the interests\nof the authority will be served by a private or public sale of bonds,\nthe authority shall select underwriters for each private or public bond\nsale conducted pursuant to a request for proposal process and\nconsideration of proposals from qualified underwriters taking into\naccount, among other things, qualifications of underwriters as to\nexperience, their ability to structure and sell authority bond issues,\nanticipated costs to the authority, the prior experience of the\nauthority with the firm, if any, the capitalization of such firms,\nparticipation of qualified minority and women-owned business enterprise\nfirms in such private or public sales of bonds of the authority and the\nexperience and ability of firms under consideration to work with\nminority and women-owned business enterprises so as to promote and\nassist participation by such enterprises.\n  The authority shall have the power from time to time to amend such\nprivate bond sale guidelines in accordance with the provisions of this\nsubdivision.\n  No private or public bond sale on a negotiated basis shall be\nconducted by the authority without prior approval of the state\ncomptroller and the county comptroller. The authority shall annually\nprepare and approve a bond sale report which shall include the private\nor public bond sale guidelines as specified in this subdivision,\namendments to such guidelines since the last private or public bond sale\nreport, an explanation of the bond sale guidelines and amendments, and\nthe results of any sale of bonds conducted during the fiscal year. Such\nbond sale report may be a part of any other annual report that the\nauthority is required to make.\n  The authority shall annually submit its bond sale report to the state\ncomptroller and the county comptroller and copies thereof to the senate\nfinance committee and the assembly ways and means committee.\n  The authority shall make available to the public copies of its bond\nsale report upon reasonable request thereof.\n  Nothing contained in this subdivision shall be deemed to alter, affect\nthe validity of, modify the terms of or impair any contract or agreement\nmade or entered into in violation of, or without compliance with, the\nprovisions of this subdivision.\n  5. Any resolution or resolutions authorizing bonds or any issue of\nbonds may contain provisions which may be a part of the contract with\nthe holders of the bonds thereby authorized as to:\n  (a) pledging all or part of the revenues, other monies or property of\nthe authority to secure the payment of the bonds, or any costs of\nissuance thereof, including but not limited to any contracts, earnings\nor proceeds of any grant to the authority received from any private or\npublic source subject to such agreements with bond holders as may then\nexist;\n  (b) the setting aside of reserves and the creation of sinking funds\nand the regulation and disposition thereof;\n  (c) limitations on the purpose to which the proceeds from the sale of\nbonds may be applied;\n  (d) the rates, rents, fees and other charges to be fixed and collected\nby the authority and the amount to be raised in each year thereby and\nthe use and disposition of revenues;\n  (e) limitations on the right of the authority to restrict and regulate\nthe use of the project or part thereof in connection with which bonds\nare issued;\n  (f) limitations on the issuance of additional bonds, the terms upon\nwhich additional bonds may be issued and secured and the refunding of\noutstanding or other bonds;\n  (g) the procedure, if any, by which the terms of any contract with\nbond holders may be amended or abrogated, the amount of bonds the\nholders of which must consent thereto, and the manner in which such\nconsent may be given;\n  (h) the creation of special funds into which any revenues or monies\nmay be deposited;\n  (i) the terms and provisions of any trust, mortgage, deed or indenture\nsecuring the bonds under which the bond may be issued;\n  (j) vesting in a trustee or trustees such properties, rights, powers\nand duties in trust as the authority may determine which may include any\nor all of the rights, powers and duties of the trustees appointed by the\nbond holders to appoint a trustee pursuant to this title or limiting the\nrights, duties and powers of such trustee;\n  (k) defining the acts or omissions to act which may constitute a\ndefault in the obligations and duties of the authority to the bond\nholders and providing for the rights and remedies of the bond holders in\nthe event of such default, including as a matter of right appointment of\na receiver, provided, however, that such rights and remedies shall not\nbe inconsistent with the general laws of the state and other provisions\nof this title;\n  (l) limitations on the power of the authority to sell or otherwise\ndispose of any project or any part thereof;\n  (m) limitations on the amount of revenues and other monies to be\nexpended for operating, administrative or other expenses of the\nauthority;\n  (n) the payment of the proceeds of bonds, revenues and other monies to\na trustee or other depository, and for the method of disbursement\nthereof with such safeguards and restrictions as the authority may\ndetermine; and\n  (o) any other matters of like or different character which in any way\naffect the security or protection of the bonds or the rights and\nremedies of bondholders.\n  6. In addition to the powers herein conferred upon the authority to\nsecure its bonds, the authority shall have power in connection with the\nissuance of bonds to adopt resolutions and enter into such trust\nindentures, agreements or other instruments as the authority may deem\nnecessary, convenient or desirable concerning the use or disposition of\nits revenues or other monies or property, including the mortgaging of\nany property and the entrusting, pledging or creation of any other\nsecurity interest in any such revenues, monies or property and the doing\nof any act, including refraining from doing any act which the authority\nwould have the right to do in the absence of such resolutions, trust\nindentures, agreements or other instruments. The authority shall have\npower to enter into amendments of any such resolutions, trust\nindentures, agreements or other instruments. The provisions of any such\nresolutions, trust indentures, agreements or other instruments may be\nmade a part of the contract with the holders of bonds of the authority.\n  7. Any provision of the uniform commercial code to the contrary\nnotwithstanding, any pledge of or other security interest in revenues,\nmonies, accounts, contract rights, general intangibles or other personal\nproperty made or created by the authority shall be valid, binding and\nperfected from the time when such pledge is made or other security\ninterest attaches without any physical delivery of the collateral or\nfurther act, and the lien of any such pledge or other security interest\nshall be valid, binding and perfected against all parties having claims\nof any kind in tort, contract or otherwise against the authority\nirrespective of whether or not such parties have notice thereof. No\ninstrument by which such a pledge or security interest is created nor\nany financing statement need be recorded or filed.\n  8. Whether or not the bonds are of such form and character as to be\nnegotiable instruments under the terms of the uniform commercial code,\nthe bonds are hereby made negotiable instruments within the meaning of\nand for all the purposes of the uniform commercial code, subject only to\nthe provisions of the bonds for registration.\n  9. Neither the members of the authority nor any person executing its\nbonds shall be liable personally on its bonds or be subject to any\npersonal liability or accountability by reason of the issuance thereof.\n  10. Subject to such agreements with bondholders as may then exist, the\nauthority shall have power out of any funds available therefor to\npurchase bonds of the authority, which shall thereupon be cancelled, at\na price not exceeding (a) if the bonds are then redeemable, the\nredemption price then applicable plus accrued interest to the next\ninterest payment date, or (b) if the bonds are not then redeemable, the\nredemption price applicable on the first date after such purchase upon\nwhich the bonds become subject to redemption plus accrued interest to\nthe next interest payment date. Bonds so purchased shall thereupon be\ncancelled.\n
N.Y. PBG Law § 435 — New York Code / Act PBG / Article 13 / Title 32 / Section 435
Massena Housing Authority
Status: in_force

§ 435. Massena Housing Authority.  A municipal housing authority, to\nbe known as the Massena Housing Authority, is hereby created and\nestablished for the incorporated village of Massena in the county of St.\nLawrence for the accomplishment of any or all of the purposes specified\nin article eighteen of the constitution of the state of New York. It\nshall constitute a body corporate and politic, be perpetual in duration\nand consist of five members. It shall have the powers and duties now or\nhereafter conferred by this chapter upon municipal housing authorities.\nIt shall be organized in the manner prescribed by and subject to the\nprovisions of this chapter, and the authority, its members, officers and\nemployees and its operations and activities shall in all respects be\ngoverned by the provisions of this chapter.\n
N.Y. PBA Law § 2793 — New York Code / Act PBA / Article 8 / Title 32 / Section 2793
Actions against authority
Status: in_force

§ 2793. Actions against authority. 1. Except in an action for wrongful\ndeath, no action or special proceeding shall be prosecuted or maintained\nagainst the authority, its members, officers, or employees for personal\ninjury or damage to real or personal property alleged to have been\nsustained by reason of the negligence, tort or wrongful act of the\nauthority or of any member, officer, agent or employee thereof, unless\n(a) a notice of claim shall have been made and served upon the authority\nwithin the time limit set by and in compliance with section fifty-e of\nthe general municipal law, (b) it shall appear by and as an allegation\nin the complaint or moving papers that at least thirty days have elapsed\nsince the service of such notice and that adjustment or payment thereof\nhas been neglected or refused, (c) the action or special proceeding\nshall be commenced within one year and ninety days after the happening\nof the event upon which the claim is based, and (d) an action against\nthe authority for wrongful death shall be commenced in accordance with\nthe notice of claim and time limitation provisions of title eleven of\narticle nine of this chapter.\n  2. Whenever a notice of claim is served upon the authority, it shall\nhave the right to demand an examination of the claimant relative to the\noccurrence and extent of the injuries or damages for which claim is\nmade, in accordance with the provisions of section fifty-h of the\ngeneral municipal law.\n  3. The authority may require any person presenting for settlement an\naccount or claim for any cause whatever against the authority to be\nsworn before a member, counsel or an attorney, officer or employee of\nthe authority designated for such purpose, concerning such account or\nclaim and, when so sworn, to answer orally as to any facts relative to\nsuch account or claim. The authority shall have power to settle or\nadjust all claims in favor of or against the authority.\n  4. Any action or proceeding to which the authority or the people of\nthe state may be parties, in which any question arises as to the\nvalidity of this title, shall be preferred over all other civil causes\nof action or cases, except election causes of action or cases, in all\ncourts of the state and shall be heard and determined in preference to\nall other civil business pending therein except election causes,\nirrespective of position on the calendar. The same preference shall be\ngranted upon application of the authority or its counsel in any action\nor proceeding questioning the validity of this title in which the\nauthority may be allowed to intervene. The venue of any such action or\nproceeding shall be laid in the supreme court of the county.\n  5. The rate of interest to be paid by the authority upon any judgment\nfor which it is liable, other than a judgment on its bonds, shall be the\nrate prescribed by section five thousand four of the civil practice law\nand rules. Interest on payments of principal or interest on any bonds in\ndefault shall accrue at the rate borne by such bonds from the due date\nthereof until paid or otherwise satisfied.\n
N.Y. PBA Law § 2784 — New York Code / Act PBA / Article 8 / Title 32 / Section 2784
County approval of capital projects
Status: in_force

§ 2784. County approval of capital projects. 1. It is the intention of\nthe county to select and approve a specific airport redevelopment\nprogram for the Albany county airport upon completion of the federal\naviation administration and New York state environmental review\nprocesses initiated in January of nineteen hundred ninety-two by Albany\ncounty for the Albany county airport development project, which project\nis identified in the "Draft SEQR Environmental Impact Statement/FAA\nEnvironmental Assessment prepared for the FAA/Eastern Region and the\nAlbany County Legislature," by Louis Berger & Associates, Inc. and which\ntwo volume document was accepted as complete and adequate for public and\nagency review by Resolution one hundred fifty-seven of nineteen hundred\nninety-three (March 8, 1993). The Albany county airport redevelopment\nprogram will be determined by the Albany county legislature as part of\nthe adoption of a state environmental quality review act findings\nstatement for said environmental impact statement.  The airport\nredevelopment program referred to in this subdivision shall not be\nsubject to the provisions of subdivision two of this section.\n  2. No capital project, other than the redevelopment project described\nin subdivision one of this section, shall be undertaken by the authority\nunless it shall first have been approved by the county legislature as\npart of a five-year capital program plan. For purposes of this section,\nthe term "capital project" shall be defined as the construction,\nreconstruction or acquisition of airport or aviation facilities.\n  3. (a) On or before September first, nineteen hundred ninety-five, and\non or before September first of every fifth year thereafter, the\nauthority shall submit to the county legislature a capital projects plan\nfor the five year period commencing January first of the following year.\nThe plan shall set goals and objectives for capital spending and\ndescribe each capital project proposed to be initiated in each of the\nyears covered by the plan. Each plan shall also set forth an estimate of\nthe amount of capital funding required each year and the expected\nsources of such funding. Each plan subsequent to the first such plan and\neach proposed amendment or modification thereof shall also describe the\ncurrent status of capital projects included in previously approved\nplans.\n  (b) (1) A plan may be approved by the county legislature by a majority\nvote of the members. If the plan is not voted on within ninety days of\nits submission to the legislature, it shall be deemed approved;\nprovided, however, that the legislature may agree to extend the time\nperiod in which it must vote on the plan.\n  (2) If the plan is not approved, the authority may thereafter\nreformulate and resubmit for approval such plan at any time. If the\nreformulated plan is not voted on within forty-five days of its\nsubmission to the legislature, it shall be deemed approved; provided,\nhowever, that the legislature may agree to extend the time period in\nwhich it must vote on the reformulated plan.\n  (c) The authority may from time to time submit to the county\namendments or modifications to the plan. If the amendments or\nmodifications are not voted on within forty-five days of its submission\nto the legislature, it shall be deemed approved; provided, however, that\nthe legislature may agree to extend the time period in which it must\nvote on the amended or modified plan.\n  4. The disapproval of a plan by the county legislature shall not\naffect: (a) the right of the authority to issue bonds or notes to\nfinance a capital project which was initiated prior to such disapproval\nin conformity with a previously approved plan; (b) the right of the\nauthority to issue its bonds, notes, lease, sublease or other\ncontractual obligations in payment for a project initiated prior to such\ndisapproval in conformity with a previously approved plan; (c) the right\nof the authority to issue bonds or notes to refund or otherwise repay\nany of its outstanding bonds or notes or to fulfill any of their\nobligations to the holders of any of their outstanding bonds or notes;\nor (d) the right of the authority to issue its bonds, notes, lease,\nsublease or other contractual obligations to refund or otherwise repay\nany of its outstanding bonds or notes or to fulfill any of its\nobligations to the holders of any of its outstanding bonds or notes.\n
N.Y. PBA Law § 2777 — New York Code / Act PBA / Article 8 / Title 32 / Section 2777
Statement of legislative findings and purpose
Status: in_force

§ 2777. Statement of legislative findings and purpose. The legislature\nhereby finds and declares as follows:\n  1. The economic well-being of the state and the general welfare of its\npeople require adequate, safe, secure and efficient aviation and\ntransportation facilities at a reasonable cost to the people.\n  2. The strengthening and improvement of aviation facilities and\nrelated services is a matter of vital importance not only to the\nresidents of the capital district but to all the state's residents and\nis, therefore, a matter of state concern.\n  3. In order to insure a healthy economy for such area and to promote\nthe general welfare of its residents, it is necessary to expand and\nimprove the existing aviation facilities and services in Albany county\nin such a manner as to stimulate and promote increased local, state,\nnational and international air travel and commerce through the capital\ndistrict.\n  4. The health, welfare, safety and security of the state's residents\nand of those passengers using air transportation requires coordinated\noperation of aviation facilities and services in Albany county by a\npublic benefit airport authority.\n  5. The purposes of such authority shall be: (a) to promote safe,\nsecure, efficient and economical air transportation by preserving and\nenhancing airport capacity; (b) to acquire, construct, reconstruct,\ncontinue, develop, equip, expand, improve, maintain, finance and operate\naviation and other related facilities and services within Albany county;\n(c) to stimulate and promote economic development, trade and tourism;\n(d) to form an integral part of a safe and effective nationwide system\nof airports to meet the present and future needs of civil aeronautics\nand national defense and to assure inclusion of the authority's\nfacilities in state, national and international programs for air\ntransportation and for airport or airway capital improvement, all in\naccordance with the provisions of this title; and (e) to insure that\naviation facilities authorized pursuant to this title shall provide for\nthe protection and enhancement of the natural resources and the quality\nof the environment of the state and the capital district area.\n  6. Such purposes are in all respects public purposes for the benefit\nof the people of the state of New York and for which public funds may be\nexpended and both the county and the authority in carrying out their\nrespective powers and duties under this title shall be deemed to be\nacting in a governmental capacity. The acquisition, construction,\nreconstruction, development, expansion, improvement, equipping,\noperation and maintenance of any project financed or undertaken by the\nauthority or the county shall be deemed to be the performance of an\nessential governmental function by the authority or the county acting in\nits governmental capacity, whether such project shall be owned or\noperated by the authority or by any person or public corporation.\n  7. It is hereby found and declared that it has been and remains the\npolicy of the state of New York to promote equal opportunity in\nemployment for all persons, without discrimination on account of race,\ncreed, color, national origin, sex, age, disability or marital status,\nto promote equality of economic opportunity for minority group members\nand women, and business enterprises owned by them, and to eradicate the\neffects of private and governmental discrimination which has erected and\ncontinues to maintain barriers that unreasonably impair access by\nminority and women-owned business enterprises to state contract\nopportunities.\n  Recent reviews and analyses of contracting in New York, including the\nstudy by the division of minority and women's business development of\nthe department of economic development entitled "Opportunity Denied! A\nStudy of Racial and Sexual Discrimination Related to Government\nContracting in New York State," confirm through direct evidence of\nracial and sexual discrimination in and by New York state sufficient to\njustify race and sex conscious remedies. For the purpose of furthering\nthe state's compelling interest in eradicating the effects of racial and\nsexual discrimination therefore, it is necessary and proper that article\nfifteen-A of the executive law, concerning participation by minority\ngroup members and women and business enterprises owned by them, shall\napply to the Albany county airport authority.\n
N.Y. PBA Law § 2794 — New York Code / Act PBA / Article 8 / Title 32 / Section 2794
Contracts
Status: in_force

§ 2794. Contracts. All contracts for construction shall be let by the\nauthority in conformity with the applicable provisions of section one\nhundred thirty-five of the state finance law and shall be let in\naccordance with the provisions of state law pertaining to prevailing\nwages, labor standards and working hours.\n  The authority may, in its discretion, assign contracts for supervision\nand coordination to the successful bidder for any subdivision of work\nfor which the authority receives bids. The authority shall not award any\nconstruction contract except to the lowest bidder who, in its opinion,\nis qualified to perform the work required and who is responsible and\nreliable. The authority may, however, reject any or all bids or waive\nany informality in a bid if it believes that the public interest will be\npromoted thereby. The authority may reject any bid if, in its judgment,\nthe business and technical organization, plant, resources, financial\nstanding, or experience of the bidder justifies such rejection in view\nof the work to be performed.\n
N.Y. PBA Law § 2781 — New York Code / Act PBA / Article 8 / Title 32 / Section 2781
Transfer of officers and employees
Status: in_force

§ 2781. Transfer of officers and employees. 1. In accordance with the\nprovisions of section seventy of the civil service law, any officer or\nemployee of the county, may, at the request of the authority and with\nthe consent of the county executive, be transferred to the authority and\nshall be eligible for such transfer and appointment, without further\nexamination, to applicable offices, positions and employment under the\nauthority. Any such officers or employees so transferred to the\nauthority pursuant to this section, who are members of or benefit under\nany existing pension or retirement fund or system, shall continue to\nhave all rights, privileges, obligations and status with respect to such\nfund or system as are now prescribed by law, but during the period of\ntheir employment by the authority, all contributions to such funds or\nsystems to be paid by the employer on account of such officers or\nemployees shall be paid by the authority.\n  2. A transferred employee shall remain in the same collective\nbargaining unit as was the case prior to his or her transfer; successor\nemployees to the positions held by such transferred employees shall,\nconsistent with the provisions of article fourteen of the civil service\nlaw, be included in the same unit as their predecessors. Employees\nserving in positions in newly created titles shall be assigned to the\nsame collective bargaining unit as they would have been assigned to such\nunit were such titles created prior to the establishment of the\nauthority. Nothing contained in this title shall be construed (a) to\ndiminish the rights of employees pursuant to a collective bargaining\nagreement or (b) to affect existing law with respect to an application\nto the public employment relations board seeking a designation by the\nboard that certain persons are managerial or confidential.\n
N.Y. ENV Law § 27-3201 — New York Code / Act ENV / Article 27 / Title 32 / Section 27-3201
Definitions
Status: in_force

§ 27-3201. Definitions.\n  As used in this title:\n  1. "Hotel" means a building or portion of a building which is\nregularly used and kept open as such for the lodging of guests. Hotel\nincludes an apartment hotel, a motel or a boarding house, whether or not\nmeals are served.\n  2. "Hospitality personal care product" means a product provided by a\nhotel and intended to be applied to or used on the human body or any\npart thereof for cleansing, conditioning, or moisturizing. Hospitality\npersonal care product includes, but is not limited to, shampoo,\nconditioner, lotion, and liquid soap.\n  3. "Small plastic bottle" means a plastic container with less than a\ntwelve ounce capacity that is intended to be non-reusable by the end\nuser.\n
N.Y. PBA Law § 2799-A — New York Code / Act PBA / Article 8 / Title 32 / Section 2799-A
Separability
Status: in_force

§ 2799-a. Separability. If any clause, sentence, paragraph, section,\nor part of this title shall be adjudged by any court of competent\njurisdiction to be invalid, such judgment shall not affect, impair or\ninvalidate the remainder thereof, but shall be confined in its operation\nto the clause, sentence, paragraph, section, or part thereof involved in\nthe controversy in which such judgment shall have been rendered.\n
N.Y. PBA Law § 2788 — New York Code / Act PBA / Article 8 / Title 32 / Section 2788
Monies of the authority
Status: in_force

§ 2788. Monies of the authority. All monies of the authority from\nwhatever source derived shall be paid to the treasurer of the authority\nand shall be deposited forthwith in a bank or banks designated by the\nauthority. The monies in such accounts shall be paid out on check of the\ntreasurer upon requisition by such person or persons as the authority\nmay authorize to make such requisitions. All deposits of such monies\nshall be secured by obligations of the United States or of the state or\nof any municipality of a market value equal at all times to the amount\non deposit and all banks and trust companies are authorized to give such\nsecurity for such deposits. To the extent practicable, consistent with\nthe cash requirements of the authority, all such monies shall be\ndeposited in interest bearing accounts. The authority shall have power,\nnotwithstanding the provisions of this section, to contract with the\nholders of any bonds as to the custody, collection, security, investment\nand payment of any monies of the authority or any monies held in trust\nor otherwise for the payment of bonds or any way to secure bonds, and\ncarry out any such contract notwithstanding that such contract may be\ninconsistent with the provisions of this section. Monies held in trust\nor otherwise for the payment of bonds or in any way to secure bonds and\ndeposits of such monies may be secured in the same manner as monies of\nthe authority and all banks and trust companies are authorized to give\nsuch security for such deposits. Any monies of the authority not\nrequired for immediate use or disbursement may, at the discretion of the\nauthority, be invested in those obligations specified pursuant to the\nprovision of section ninety-eight-a of the state finance law. Subject to\nthe provisions of any contract with bond holders and with the approval\nof the state comptroller, the authority shall prescribe a system of\naccounts.\n
N.Y. PBA Law § 2799 — New York Code / Act PBA / Article 8 / Title 32 / Section 2799
Transfer of applications, proceedings, approvals and permits
Status: in_force

§ 2799. Transfer of applications, proceedings, approvals and permits.\n1. Any application, review or process in relation to or in furtherance\nof the purposes of or contemplated by this title heretofore filed or\nundertaken, or any proceeding heretofore commenced or any determination,\nfinding or award made, by the county or by the county with the federal\ngovernment, the state department of transportation or any other public\ncorporation shall inure to and for the benefit of the authority to the\nsame extent and in the same manner as if the authority has been a party\nto such application, review, process, or proceeding from its inception,\nand the authority shall be deemed a party thereto, to the extent not\nprohibited by any federal law. Any license, approval, permit,\ndetermination, finding, award or decision heretofore or thereafter\nissued or granted pursuant to or as a result of any such application,\nreview, process or proceeding shall inure to the benefit of and be\nbinding upon the authority and shall be assigned and transferred by the\ncounty to the authority unless such assignment and transfer is\nprohibited by federal law.\n  2. All such applications, proceedings, licenses, approvals, permits,\ndeterminations, findings, awards and decisions shall further inure to\nand for the benefit of and be binding upon any person leasing,\nacquiring, financing, constructing, maintaining, operating, using or\noccupying any facility financed in whole or in part by the authority.\n
N.Y. PBA Law § 2798 — New York Code / Act PBA / Article 8 / Title 32 / Section 2798
Limited liability
Status: in_force

§ 2798. Limited liability. Neither members, officers or employees of\nthe authority, nor any municipality, or an officer or employee thereof\nacting on behalf of the authority, shall be subject to any personal\nliability resulting from the construction, maintenance or operation of\nany of the properties of the authority or from carrying out any of the\npowers expressly given in this title provided, however, that this\nsection shall not be held to apply to any independent contractor.\n
N.Y. PBA Law § 2786 — New York Code / Act PBA / Article 8 / Title 32 / Section 2786
Remedies of bondholders
Status: in_force

§ 2786. Remedies of bondholders. Subject to any resolution or\nresolutions adopted pursuant to this title:\n  1. In the event that the authority shall default in the payment of\nprincipal or of interest on any issue of bonds, after the same shall\nbecome due, whether at maturity or upon call for redemption, and such\ndefault shall continue for a period of thirty days, or in the event that\nthe authority shall fail or refuse to comply with the provisions of this\ntitle or shall default in any agreement made with the holders of any\nissue of bonds, the holders of twenty-five percent in aggregate\nprincipal amount of the bonds of such issue then outstanding, by\ninstrument or instruments filed in the office of the clerk of the county\nin which the principal office of the authority is located and proved or\nacknowledged in the same manner as a deed to be recorded, may appoint a\ntrustee to represent the holders of such bonds for the purpose herein\nprovided.\n  2. Such trustee may, and upon written request of the holders of\ntwenty-five per centum in principal amount of such bonds outstanding\nshall, in its own name:\n  (a) by action or proceeding in accordance with the civil practice law\nand rules, enforce all rights of the bondholders, including the right to\nrequire the authority to collect rents, rates, fees and charges adequate\nto carry out any agreement as to, or pledge of, such rents, rates, fees\nand charges and to require the authority to carry out any other\nagreements with the holders of such bonds to perform its duties under\nthis title;\n  (b) bring an action or proceeding upon such bonds;\n  (c) by action or proceeding, require the authority to account as if it\nwere the trustee of an express trust for the holders of such bonds;\n  (d) by action or proceeding, enjoin any acts or things which may be\nunlawful or in violation of the rights of the holders of such bonds; and\n  (e) declare all such bonds due and payable, and if all defaults shall\nbe made good, then with the consent of the holders of the twenty-five\nper centum of the principal amount of such bonds then outstanding, to\nannul such declaration and its consequences.\n  3. Such trustee shall in addition to the foregoing have and possess\nall of the powers necessary or appropriate for the exercise of any\nfunctions specifically set forth herein or incident to the general\nrepresentation of bond holders in the enforcement and protection of\ntheir rights.\n  4. The supreme court shall have jurisdiction of any action or\nproceeding by the trustee on behalf of such bond holders. The venue of\nany such action or proceeding shall be laid in the county.\n  5. Before declaring the principal of bonds due and payable the trustee\nshall first give thirty days notice in writing to the authority.\n  6. Any such trustee, whether or not the issue of bonds represented by\nsuch trustee has been declared due and payable, shall be entitled as of\nright to the appointment of any receiver of any part or parts of the\nproject, the revenues of which are pledged for the security of bonds of\nsuch issue, and such receiver may enter and take possession of such part\nor parts of the project and, subject to any pledge or agreement with the\nholders of such bonds, shall take possession of all monies and other\nproperty derived from such part or parts of the project and proceed with\nany construction thereon or the acquisition of any property, real or\npersonal, in connection therewith that the authority is under obligation\nto do, and operate, maintain and reconstruct such part or parts of the\nproject and collect and receive all revenues thereafter arising there\nfrom subject to any pledge or agreement with bond holders relating\nthereto and perform the public duties and carry out the agreements and\nobligations of the authority under the direction of the court.\n  In any suit, action or proceeding by the trustee, the fees, council\nfees and expenses of the trustee and of the receiver, if any, shall\nconstitute taxable disbursements and all costs and disbursements allowed\nby the court shall be a first charge on any revenues derived from the\nproject.\n
N.Y. GMU Law § 601-A — New York Code / Act GMU / Article 15-B / Title 32-A / Section 601-A
Middletown community development agency
Status: in_force

§ 601-a. Middletown community development agency. A community\ndevelopment agency, to be known as the Middletown community development\nagency, is hereby established for the accomplishment of any or all of\nthe purposes specified in articles fifteen and fifteen-A of this chapter\nand in accordance with article eighteen of the constitution of the state\nof New York. It shall constitute a body corporate and politic, be\nperpetual in duration and consist of the members of the city council and\nthe mayor who shall be the chairman. It shall have the powers and duties\nnow or hereafter conferred by article fifteen-A of this chapter upon\nmunicipal urban renewal agencies.  It shall be organized in the manner\nprescribed by and be subject to the provisions of article fifteen-A of\nthis chapter and the agency, its members, officers, and employees and\nits operations and activities shall in all respects be governed by the\nprovisions of such article.\n
N.Y. PBA Law § 2796 — New York Code / Act PBA / Article 8 / Title 32 / Section 2796
Agreements relating to payment in lieu of taxes
Status: in_force

§ 2796. Agreements relating to payment in lieu of taxes. 1. In order\nto assure that municipalities may not suffer undue loss of taxes or\nassessments in the event that the authority acquires any airport from\nthe county, any person paying real property taxes or assessments as of\nthe date of the transfer of title from the county to the authority on\nany property located within any such airport shall make payments in lieu\nof taxes in an amount equal to the sums which would ordinarily be\nimposed as taxes by any municipality in which such property is located,\npursuant to the prevailing method of determining taxes and assessments.\n  2. Subject to any agreement with bond holders, the authority may, with\nthe approval of the county, but is not required to, enter into\nagreements with any municipality of the state to pay annual sums in lieu\nof taxes to any such municipality in respect of any real property which\nis owned by the authority is located in such municipality and is used\nfor public aviation purposes or pollution control purposes. For the\npurposes of this section, such public aviation purposes shall include\nwithout limitation air terminal facilities, parking facilities, fuel\nfacilities, maintenance facilities, and facilities for the loading,\nunloading, holding, interchange or transfer of passengers, freight,\nbaggage or cargo.\n  3. (a) In the event that any real property owned by the authority is\nused by the authority or a lessee thereof for purposes other than public\naviation purposes, the authority, or lessee thereof, as the case may be,\nshall, with the approval of the county, enter into agreements with any\nmunicipality of the state to pay annual sums in lieu of taxes in respect\nof such real property locate in such municipality. For the purposes of\nthis section, such purposes other than public aviation purposes shall\ninclude without limitation, hotels, motels, restaurants and retail\nstores and concessions not located within any air terminal building,\noffice buildings to the extent not used by the authority or any other\npublic corporation for its own corporate purposes, and such other\nbuildings and improvements as determined by the authority to be not\nexclusively for public aviation purposes.\n  (b) The authority shall determine (i) the amount of such annual\npayments in lieu of taxes, (ii) whether the use of such property is for\npurposes other than public aviation purposes, and (iii) the extent to\nwhich such property is used for purposes other than public aviation\npurposes. In making such determinations the authority shall take into\nconsideration the recommendations, if any, of the county.\n
N.Y. PBA Law § 2799-B — New York Code / Act PBA / Article 8 / Title 32 / Section 2799-B
Effect of inconsistent provisions
Status: in_force

§ 2799-b. Effect of inconsistent provisions. In so far as the\nprovisions of this title are inconsistent with the provisions of any\nother act, general or special, or of the county charter or any local\nlaw, charter, ordinance or resolution of the county or another\nmunicipality, the provisions of this title shall be controlling. Nothing\ncontained in this section shall be held to supplement or otherwise\nexpand the powers or duties of the authority otherwise set forth in this\ntitle. Except as specifically provided for in this title, in the\nperformance of any of its functions, powers and duties, the authority\nshall be subject to all applicable general or special laws of the state,\nthe county charter, and any local law, ordinance or resolution of the\ncounty.\n
N.Y. PBA Law § 2797 — New York Code / Act PBA / Article 8 / Title 32 / Section 2797
Audit and annual report
Status: in_force

§ 2797. Audit and annual report. In conformity with the provisions of\nsection five of article ten of the constitution, the accounts of the\nauthority shall be subject to the supervision of the state comptroller\nand an annual audit shall be performed by an independent certified\naccountant. The authority shall annually submit to the county\ncomptroller, county legislature, county executive, governor and the\nstate comptroller and to the chairperson of the senate finance committee\nand the chairperson of the assembly ways and means committee a detailed\nreport pursuant to the provisions of section two thousand eight hundred\nof this chapter, and a copy of such report shall be filed with the clerk\nof the county legislature and the county executive.\n
N.Y. ENV Law § 27-3207 — New York Code / Act ENV / Article 27 / Title 32 / Section 27-3207
Preemption of local law
Status: in_force

§ 27-3207. Preemption of local law.\n  Jurisdiction in all matters pertaining to restrictions on the\nprovision of small plastic bottle hospitality personal care products is\nvested exclusively in the state.\n
N.Y. ENV Law § 27-3203 — New York Code / Act ENV / Article 27 / Title 32 / Section 27-3203
Small plastic bottle hospitality personal care products
Status: in_force

§ 27-3203. Small plastic bottle hospitality personal care products.\n  Effective January first, two thousand twenty-five for all hotels with\nfifty rooms or more and January first, two thousand twenty-six for all\nhotels with less than fifty rooms, a hotel shall not provide any small\nplastic bottle containing a hospitality personal care product.\n
N.Y. PBA Law § 2787 — New York Code / Act PBA / Article 8 / Title 32 / Section 2787
State and county not liable on authority bonds
Status: in_force

§ 2787. State and county not liable on authority bonds. Neither the\nstate nor the county shall be liable on the bonds of the authority and\nsuch bonds shall not be a debt of the state or the county, and such\nbonds shall contain on the face thereof a statement to such effect.\n
N.Y. PBA Law § 2791 — New York Code / Act PBA / Article 8 / Title 32 / Section 2791
Agreement with county
Status: in_force

§ 2791. Agreement with county. The county is authorized to pledge to\nand agree with the holders of any bonds issued by the authority pursuant\nto this title and with those persons or public corporations who may\nenter into contracts with the authority pursuant to the provisions of\nthis title that the county will not alter, limit or impair the rights\nhereby vested in the authority to purchase, construct, own and operate,\nmaintain, repair, improve, reconstruct, renovate, rehabilitate, enlarge,\nincrease and extend, or dispose of any project, or any part or parts\nthereof, for which bonds of the authority shall have been issued, to\nestablish and collect rates, rents, fees and other charges referred to\nin this title, to fulfill the terms of any agreements made with the\nholders of the bonds or with any public corporation or person with\nreference to such project or part thereof, or in any way impair the\nrights and remedies of the holders of bonds, until the bonds, together\nwith interest thereon, including interest on any unpaid installments of\ninterest, and all cost and expenses in connection with any action or\nproceeding by or on behalf of the holders of bonds, are fully met and\ndischarged and such contracts are fully performed on the part of the\nauthority.\n