NY Pub Auth L § 3853 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 2 - Buffalo Fiscal Stability Authority 3853 - Administration of the Authority.

§  3853.  Administration  of  the authority. 1. The authority shall be   administered by nine directors, seven of which shall be appointed by the   governor. Of the seven directors, one such director shall be a  resident   of  the  city of Buffalo; one such director shall be appointed following   the recommendation of the state comptroller; and one such director shall   be appointed on the joint recommendation of the temporary  president  of   the  senate  and  the speaker of the assembly.  The mayor and the county   executive shall serve as ex officio members.   Every  director,  who  is   otherwise  an  elected official of the city or county, shall be entitled   to designate a single representative to attend, in  his  or  her  place,   meetings  of  the  authority  and to vote or otherwise act in his or her   behalf.   Such designees shall be residents  of  the  city  of  Buffalo.   Written  notice  of  such  designation  shall  be furnished prior to any   participation by the single designee. Such single designee  shall  serve   at  the  pleasure  of the representative, and shall not be authorized to   delegate any of his or her duties or functions to another person.   Each   director appointed by the governor shall be appointed for a term of four   years,  provided  however, that four of the directors first appointed by   the  governor,  including   the   director   appointed   following   the   recommendation  of  the  state comptroller shall serve for a term ending   June thirtieth, two thousand seven, and the  remaining  three  directors   first  appointed by the governor including the director appointed on the   joint recommendation of the temporary president of the  senate  and  the   speaker  of  the  assembly  and  shall  serve  for  a  term  ending June   thirtieth, two thousand nine. Each director shall hold office until  his   or  her  successor  has  been  appointed and qualified. Thereafter, each   director shall serve a term of four  years,  except  that  any  director   appointed to fill a vacancy shall serve only until the expiration of his   or her predecessor's term.2. The  governor  shall designate a chairperson and a vice-chairperson   from among  the  directors.  The  chairperson  shall  preside  over  all   meetings  of  the  directors  and  shall  have  such other duties as the   directors may prescribe. The vice-chairperson  shall  preside  over  all   meetings  of  the  directors in the absence of the chairperson and shall   have such other duties as the directors may prescribe.3. The directors of the authority shall serve without salary, but each   director shall be reimbursed for actual and necessary expenses  incurred   in  the  performance of such director's official duties as a director of   the authority.4. Notwithstanding any inconsistent provision of any general,  special   or  local  law,  ordinance, resolution or charter, no officer, member or   employee  of  the  state,  any  city,  county,  town  or  village,   any   governmental  entity  operating any public school or college, any school   district or any other public agency or instrumentality  which  exercises   governmental  powers  under  the laws of the state, shall forfeit his or   her office  or  employment  by  reason  of  his  or  her  acceptance  of   appointment  as  a  director,  officer or employee of the authority, nor   shall service as such director, officer or employee of the authority  be   deemed incompatible or in conflict with such office or employment.5. Five directors shall constitute a quorum for the transaction of any   business  or the exercise of any power of the authority. No action shall   be taken by the authority except pursuant to  a  favorable  vote  of  at   least  five directors participating in a meeting at which such action is   taken.6. The authority shall appoint a treasurer and  may  appoint  officers   and agents as it may require and prescribe their duties.7.  At least annually, commencing no more than one year after the date   on which authority bonds, notes or other obligations are  first  issued,    the  authority shall report to the council, comptroller, the director of   the budget, and the state comptroller on the amount of financing and the   cost savings for the city over the past year.8. The  authority shall cease to exist on June thirtieth, two thousand   thirty-seven.