NY Pub Auth L § 577 (2021)
2021 New York Laws PBA - Public Authorities Article 3 - Bridge and Tunnel Authorities Title 4 - Thousand Islands Bridge Authority 577 - Thousand Islands Bridge Authority.

§  577.  Thousand  Islands Bridge Authority. 1. A board to be known as   "Thousand Islands Bridge Authority" is hereby created. Such board  shall   be   a   body  corporate  and  politic  constituting  a  public  benefit   corporation. It shall consist of five members who shall be appointed  by   the  chairman of the board of supervisors subject to the approval of the   supervisors.2. The term of office of the members of the board hereby  created  who   are  first  appointed  shall  be  one,  two,  three, four and five years   respectively, dating from January first, nineteen hundred  thirty-three,   and  thereafter  the  term  of office of members shall be five years. In   addition, at any time when  the  authority  has  control  of  properties   physically  situated in Canada, the number of members of such board may,   at the option of the supervisors, be increased to seven,  any  three  of   whom  may  be  residents or citizens of Canada, with such additional two   members to be appointed in the same manner. Members  shall  hold  office   until their successors are appointed and qualify. An appointment to fill   a  vacancy  shall be for the unexpired term. The chairman, vice-chairman   and secretary of such board shall be elected annually by such board. The   members of the board shall be entitled to such compensation, if any, for   their services as shall  be  fixed  by  the  supervisors  and  shall  be   entitled  to  reimbursement  for  their  actual  and reasonable expenses   incurred in the performance of their official duties. The power of  such   corporation  shall  be  vested  in  and  exercised  by a majority of the   members of such board then in office. Such board may delegate to one  or   more  of  its  members,  or to its agents and employees, such powers and   duties as it may deem proper.3. Such board and its corporate existence shall continue until all  of   its   indebtedness  created  prior  to  April  first,  nineteen  hundred   eighty-one, and all notes and bonds issued as  provided  in  this  title   shall  have  been  paid  in full, and thereafter until such existence is   terminated by formal action of the supervisors, which shall specifically   provide for the assumption by and agreement of the county to pay any and   all liabilities, indebtedness and obligations of the authority.4. The authority's right to own, control  and  operate  properties  or   facilities  situated  within  the  Dominion  of Canada depends and shall   continue to depend upon grants in its favor by the federal government of   Canada and the government of the province of Ontario, agreements between   the authority and such foreign governments,  or  political  subdivisions   thereof and by the laws of such foreign jurisdictions.5.  When  all of its notes and bonds have been paid in full and all of   its other liabilities and obligations have either been met  or  paid  in   full  or  assumed  by the county and when the existence of the authority   has been terminated by the supervisors as hereinabove provided, then all   its rights and properties, so far as the same are located in the  United   States, including the right to fix, charge and collect tolls for the use   of  the  American  channel  bridge or bridges, shall be conveyed without   cost or expense to the county and all its rights and properties, so  far   as  the  same  are  located in the Dominion of Canada, shall be conveyed   without cost or expense to the province of Ontario, or otherwise as  the   lieutenant-governor in council thereof may designate. Such conveyance to   the  province of Ontario may also be made in the same manner at any time   when the authority's right to own or control or  operate  properties  or   facilities  in  Canada has been terminated even though its existence and   right to operate in the state or county may be unimpaired.