NY Pub Auth L § 903 (2021)
2021 New York Laws PBA - Public Authorities Article 4 - Market Authorities Title 5 - Long Island Market Authority 903 - General Purpose and Powers of Authority.

§  903.  General  purpose  and powers of authority. The purpose of the   authority shall be to acquire, construct, reconstruct,  improve,  equip,   operate  and  maintain  adequate  regional  wholesale  market facilities   within the service area for  the  buying  and  selling  of  agricultural   commodities  and  commercial  fishing products and to conduct such other   business activities as reasonably incidental thereto and in  furtherance   of  the  convenient,  efficient,  profitable and successful operation of   such regional wholesale market facilities.To enable the authority to carry  out  such  purposes,  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 purposes or its   projects, or to refund the same, 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, 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 consistent with and subject  to  local  zoning   ordinances and laws;6.  To  condemn  real  property  within  Suffolk county which shall be   necessary for its corporate purposes, in  the  manner  provided  in  the   eminent  domain  procedure  law,  consistent  with  and subject to local   zoning ordinances and laws, provided, further, that the approval of  the   county executive must be granted before such power is exercised;7.  To  acquire,  construct,  lease, expand, improve, maintain, equip,   furnish, operate one or more projects consistent with and subject to the   local zoning ordinances and laws, and, if necessary, to pay  or  finance   the cost thereof;8.  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;9.  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;10. To designate the depositories of its money;11. To establish its fiscal year;12.  To  enter into contracts and to execute all instruments necessary   or convenient or desirable for the purposes of the  authority  to  carry   out any powers expressly given to it in this title;13.  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;14. To use  employees,  agents,  consultants  and  facilities  of  the   county,  paying  the county its agreed proportion of the compensation or   costs pursuant to an agreement with the county; 15. To make and adopt 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;16.  Except  as limited by state law or regulation, to fix and collect   rates, rentals, fees and other charges for the services rendered  by  or   for  use  of  the  facilities  or  in  the exercise of the powers of the   authority;17. To enter upon such lands or premises as in the  judgement  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;18. To insure or  otherwise  to  provide  for  the  insurance  of  the   authority's property or operations;19.  For  the purposes of article fifteen-A of the executive law only,   the authority shall be deemed a state agency as that  term  is  used  in   such  article,  and its contracts for procurement, design, construction,   services and materials  shall  be  deemed  state  contracts  within  the   meaning of that term as set forth in such article; and20.  To  do  all  things necessary, convenient or desirable, including   ancillary and incidental activities, to carry out its purposes  and  for   the exercise of the powers granted in this title.