NY Pub Auth L § 1493-D (2021)
2021 New York Laws PBA - Public Authorities Article 7 - Parking Authorities Title 4-A - City of Albany Parking Authority 1493-D - Purpose and Powers of the Authority.

§  1493-d.  Purpose  and  powers  of the authority. The purpose of the   authority shall be to  construct,  operate  and  maintain  one  or  more   projects  in  the  city.  To carry out said purpose, the authority shall   have power:1. To sue and be sued;2. To have a seal and alter the same at pleasure;3. To acquire, hold and dispose of personal property for its corporate   purposes, including the  power  to  purchase  prospective  or  tentative   awards in connection with the condemnation of real property;4. To acquire in the name of the city by purchase or condemnation, and   use necessary real property. All real property acquired by the authority   by  condemnation shall be acquired in the manner provided in the eminent   domain  procedure  law  or  in  the  manner  provided  by  law  for  the   condemnation of land by the city;5.  To  make by-laws for the management and regulation of its affairs,   and, subject to agreements with bondholders, for the regulation  of  the   project;6.  With  the  consent  of  the  city  to  use  agents,  employees and   facilities of the city, paying to the city its agreed proportion of  the   compensation or costs;7.  To  appoint  officers,  agents  and  employees, to prescribe their   qualifications and to fix their compensation; subject, however,  to  the   provisions of the civil service law, as hereinafter provided;8. To appoint an attorney, and to fix his compensation;9.  To  make  contracts  and  leases,  and  to execute all instruments   necessary or convenient;10. To construct such buildings, structures and facilities as  may  be   necessary;11. To reconstruct, improve, maintain and operate the projects;12.  To  accept grants, loans or contributions from the United States,   the state of New York, or any agency or  instrumentality  of  either  of   them,  or  the  city,  or an individual, by bequest or otherwise, and to   expend the proceeds for any purposes of the authority;13. To fix and collect rentals, fees and other charges for the use  of   the  projects  or  any  of  them  subject to and in accordance with such   agreements with bondholders as may be made as hereinafter provided;14. To construct, operate or maintain in the projects  all  facilities   necessary or convenient in connection therewith; and to contract for the   construction,  operation  or  maintenance  of  any  parts thereof or for   services to be performed; to rent parts thereof, and grant  concessions,   all  on such terms and conditions as it may determine; provided however,   that neither the authority, the city of Albany  or  any  agency  of  the   authority  or  city,  or  any  other  person, firm or corporation shall,   within or on any property comprising a part of any project authorized by   this title, sell, dispense or otherwise handle any product  used  in  or   for  the  servicing  of  any motor vehicle using any project or facility   authorized by this title, and provided  further  that  the  location  of   sites  of  the  projects  shall  be  subject  to the prior advice of the   planning commission of the city.