2023 New York Laws › PBA - Public Authorities › Article 10-D - Miscellaneous Authorities › Title 2 - Buffalo Fiscal Stability Authority › 3853 - Administration of the Authority.

§  3853.  Administration  of  the authority. 1. The authority shall be
  administered by nine directors, seven of which shall be appointed by the
  governor. Of the seven directors, one such director shall be a  resident
  of  the  city of Buffalo; one such director shall be appointed following
  the recommendation of the state comptroller; and one such director shall
  be appointed on the joint recommendation of the temporary  president  of
  the  senate  and  the speaker of the assembly.  The mayor and the county
  executive shall serve as ex officio members.   Every  director,  who  is
  otherwise  an  elected official of the city or county, shall be entitled
  to designate a single representative to attend, in  his  or  her  place,
  meetings  of  the  authority  and to vote or otherwise act in his or her
  behalf.   Such designees shall be residents  of  the  city  of  Buffalo.
  Written  notice  of  such  designation  shall  be furnished prior to any
  participation by the single designee. Such single designee  shall  serve
  at  the  pleasure  of the representative, and shall not be authorized to
  delegate any of his or her duties or functions to another person.   Each
  director appointed by the governor shall be appointed for a term of four
  years,  provided  however, that four of the directors first appointed by
  the  governor,  including   the   director   appointed   following   the
  recommendation  of  the  state comptroller shall serve for a term ending
  June thirtieth, two thousand seven, and the  remaining  three  directors
  first  appointed by the governor including the director appointed on the
  joint recommendation of the temporary president of the  senate  and  the
  speaker  of  the  assembly  and  shall  serve  for  a  term  ending June
  thirtieth, two thousand nine. Each director shall hold office until  his
  or  her  successor  has  been  appointed and qualified. Thereafter, each
  director shall serve a term of four  years,  except  that  any  director
  appointed to fill a vacancy shall serve only until the expiration of his
  or her predecessor's term.
2. The  governor  shall designate a chairperson and a vice-chairperson
  from among  the  directors.  The  chairperson  shall  preside  over  all
  meetings  of  the  directors  and  shall  have  such other duties as the
  directors may prescribe. The vice-chairperson  shall  preside  over  all
  meetings  of  the  directors in the absence of the chairperson and shall
  have such other duties as the directors may prescribe.
3. The directors of the authority shall serve without salary, but each
  director shall be reimbursed for actual and necessary expenses  incurred
  in  the  performance of such director's official duties as a director of
  the authority.
4. Notwithstanding any inconsistent provision of any general,  special
  or  local  law,  ordinance, resolution or charter, no officer, member or
  employee  of  the  state,  any  city,  county,  town  or  village,   any
  governmental  entity  operating any public school or college, any school
  district or any other public agency or instrumentality  which  exercises
  governmental  powers  under  the laws of the state, shall forfeit his or
  her office  or  employment  by  reason  of  his  or  her  acceptance  of
  appointment  as  a  director,  officer or employee of the authority, nor
  shall service as such director, officer or employee of the authority  be
  deemed incompatible or in conflict with such office or employment.
5. Five directors shall constitute a quorum for the transaction of any
  business  or the exercise of any power of the authority. No action shall
  be taken by the authority except pursuant to  a  favorable  vote  of  at
  least  five directors participating in a meeting at which such action is
  taken.
6. The authority shall appoint a treasurer and  may  appoint  officers
  and agents as it may require and prescribe their duties.
7.  At least annually, commencing no more than one year after the date
  on which authority bonds, notes or other obligations are  first  issued,

  the  authority shall report to the council, comptroller, the director of
  the budget, and the state comptroller on the amount of financing and the
  cost savings for the city over the past year.
8. The  authority shall cease to exist on June thirtieth, two thousand
  thirty-seven.