NY Pub Auth L § 2756 (2021)
2021 New York Laws PBA - Public Authorities Article 8 - Miscellaneous Authorities Title 31 - Monroe County Airport Authority 2756 - General Powers of the Authority.

§  2756.  General powers of the authority. Except as otherwise limited   by this title, the authority shall have power:1. to sue and be sued;2. to have a seal and alter the same at pleasure;3. to borrow money and issue bonds for any of its  corporate  purposes   or its projects and to provide for the rights of the holders thereof;4. to make and alter by-laws for its organization and management, and,   subject  to agreements with its bondholders, to make and alter rules and   regulations governing the exercise of its powers and the fulfillment  of   its purposes under this title;5.  to  acquire by purchase, grant, lease, gift, condemnation pursuant   to the provisions of the eminent domain procedure law with the  approval   of  the  county,  or  otherwise  and to hold and use property necessary,   convenient or desirable to carry out  its  corporate  purposes,  and  to   sell,  convey, mortgage, lease, pledge, exchange or otherwise dispose of   any such property in such manner as the authority shall determine;6.  to  acquire,  construct,  reconstruct,  lease,  expand,   improve,   maintain,   equip,  furnish,  operate  one  or  more  projects  and,  if   necessary, to pay or finance the cost thereof;7. to apply for and to accept gifts, grants, loans,  or  contributions   of  funds  or  property  or financial or other aid in any form from, and   enter into contracts or other transactions with, the federal government,   the state or any public corporation or any other source, and to use  any   such  gifts,  grants,  loans  or  contributions for any of its corporate   purposes;8. to grant options to renew any lease with respect to any project  or   projects  and  to  grant options to buy any project at such price as the   authority may deem desirable;9. to designate the depositories of its money;10. to establish its fiscal year;11. to enter into contracts, agreements and leases  with  the  federal   government,   the   state,  the  county,  any  person  or  other  public   corporation and to execute all instruments necessary  or  convenient  to   accomplishing its corporate purposes;12.  to  appoint  such officers, employees and agents as the authority   may require for the performance of its duties, and to fix and  determine   their qualifications, duties, and compensation subject to the provisions   of  the  civil  service  law  and  any  applicable collective bargaining   agreement, and to retain or  employ  counsel,  auditors,  engineers  and   private  consultants  on  a  contract  basis  or otherwise for rendering   professional, management or technical services and advice;13. with the consent of the county executive to use employees, agents,   consultants and facilities of the county, paying the county  its  agreed   proportion of the compensation or costs;14.  to  make  plans,  surveys,  and  studies necessary, convenient or   desirable to  the  effectuation  of  the  purposes  and  powers  of  the   authority and to prepare recommendations in regard thereto;15. to enter upon such lands, waters or premises as in the judgment of   the  authority may be necessary, convenient or desirable for the purpose   of making surveys, soundings, borings and examinations to accomplish any   purpose authorized by this title, the authority being liable for  actual   damage done;16. the authority may covenant and consent that the interest on any of   its  bonds  or  notes issued pursuant to this title shall be includible,   under the United States Internal Revenue Code of 1986, or any subsequent   corresponding internal revenue law of the United States, in gross income   of the holders of the bonds or notes to the same extent and in the  same   manner  that the interest on bills, bonds, notes or other obligations of    the United States is includible in  the  gross  income  of  the  holders   thereof under said Internal Revenue Code or any such subsequent law;17.  to  do all things necessary, convenient or desirable to carry out   its purposes and for the exercise of the powers granted in this title;18. to insure or provide for the insurance of the authority's property   or operations as required by law and also against such  other  risks  as   the authority may deem advisable.