NY Arts & Cult Aff L § 55.07 (2021)
2021 New York Laws ACA - Arts and Cultural Affairs Title T - Natural Heritage Trust Article 55 - Natural Heritage Trust 55.07 - Purposes and Powers of the Corporation.

§ 55.07. Purposes  and  powers  of the corporation. The purpose of the   corporation shall be to serve as a  focal  point  for  the  receipt  and   administration  of  private  gifts,  devises  and  bequests  of real and   personal property donated to further  conservation,  outdoor  recreation   and  historic  preservation  purposes  and advance public understanding,   revitalization and restoration of New York's waterfronts. Revitalization   and restoration of the waterfront shall be undertaken pursuant  to,  and   consistent with an approved local waterfront revitalization plan or plan   approved  by  the  department  of state, which has been the subject of a   public hearing. To carry out said purposes, the corporation  shall  have   power:1.  To accept unconditional gifts, devises and bequests, and, with the   approval of the governor, conditional gifts, devises  and  bequests,  of   real or personal property for conservation, outdoor recreation, historic   preservation  purposes  and  public  understanding,  revitalization  and   restoration of New York's waterfronts and to administer and expend funds   made available to the corporation for any of its purposes.2. To acquire real property in the name of the people of the state  of   New  York  by  purchase,  gift,  devise  or exchange of lands previously   acquired by the  trust  and  under  its  immediate  jurisdiction  or  by   appropriation   through   the  agency  of  the  commissioner  of  parks,   recreation  and   historic   preservation   or   the   commissioner   of   environmental conservation whenever the attorney general shall determine   such  appropriation  is  necessary to clear any defect or encumbrance on   the title of such real property which  would  hinder  its  use  for  the   intended public purpose. The cost of such land acquisition, exclusive of   services furnished by any state department, board, commission or agency,   shall be paid from funds available to the trust.3. To acquire personal property in the name of the people of the state   of  New  York  by  purchase,  gift,  bequest  or  exchange of personalty   previously acquired by the trust and under its  immediate  jurisdiction.   The  cost  of  acquisition  of such personal property shall be paid from   funds available to the trust.4. To transfer immediate jurisdiction and control  over  any  real  or   personal  property  acquired  by  the  trust  to  the  office  of parks,   recreation and historic preservation, the  department  of  environmental   conservation, the secretary of state or other appropriate public body or   agency  with  its  consent and the prior approval of the director of the   budget.5. To  undertake  any  work,  including  furnishing  of  services  and   materials,  required  to  manage, preserve, restore, maintain or improve   any real or personal property under its jurisdiction and, at the request   of the office of parks, recreation and historic preservation, department   of state or department  of  environmental  conservation,  upon  real  or   personal property under the jurisdiction of the requesting agency, after   prior approval of the director of the budget.6.  To  undertake  research,  studies  and  make  reports  relating to   conservation, outdoor  recreation,  historic  preservation  matters  and   public  understanding,  revitalization  and  restoration  of  New York's   waterfronts.7. To sell and convey  any  real  or  personal  property  or  interest   therein  acquired by and under the jurisdiction of the trust and surplus   to its needs, provided such sale and conveyance does not contravene  the   terms  or  conditions  of any gift, devise or bequest, and to retain the   proceeds derived therefrom for its corporate purposes.8. To appoint and employ such officers, employees  and  staff  and  to   retain such expert legal, financial, engineering, architectural and such    other  consultant  services  as  it  deems  necessary  to  carry out its   corporate purposes.9. To participate and cooperate with other public and private agencies   having  mutual  interests  and  purposes  in  appropriate  programs  and   projects intended to preserve  and  improve  the  natural  and  historic   resources  of the state and advance public understanding, revitalization   and  restoration  of  New  York's  waterfronts  in  furtherance  of  the   education, welfare and enjoyment of its people.10.  To  administer,  manage  or  operate any property acquired by the   trust pending transfer of jurisdiction thereof and  to  retain  for  its   corporate  purposes  any  receipts,  revenue or income derived therefrom   during the pendency of such transfer.11. To sue and be sued.12. To have a seal and alter the same at pleasure.13. To do all things necessary or convenient to carry out the purposes   of this corporation.