reglab/statecodes huggingface dataset:
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 19 - New York State Sports Authority › 2470 - Resources of Authority.

*  §  2470.  Resources  of  authority.  1.  The authority may receive,
  accept, invest,  administer,  expend  and  disburse  for  its  corporate
  purposes appropriations from the capital construction fund and the state
  purposes  fund  of  the  state,  payments  made  to  it by participating
  municipalities, and other revenues and moneys made available  or  to  be
  made  available  to  it  from  any  or all sources for the construction,
  acquisition, reconstruction, rehabilitation and  improvement  of  sports
  facilities,   including   gifts,  grants  and  loans  from  the  federal
  government, any state agency, any county, city,  town  or  village,  any
  private foundation, organization or individual, or any other source.
2.  All  moneys of the authority, other than appropriations and except
  as otherwise authorized  or  provided  herein,  shall  be  paid  to  the
  commissioner  of  taxation  and  finance  as agent of the authority, who
  shall not commingle such moneys with any other moneys. Such moneys shall
  be deposited in two or more separate bank  accounts,  and  one  of  such
  accounts,  to  which  shall  be  credited all income from investments or
  other accounts and all other moneys received or to be received  annually
  by  the authority on a recurring basis, shall be denominated the "sports
  facilities income fund account". The moneys in such fund  account  shall
  be paid out on checks signed by the commissioner of taxation and finance
  on requisition of the chairman of the authority or such other officer or
  employee  or  officers  or employees as the authority shall authorize to
  make such requisition. All deposits of such moneys shall, if required by
  the commissioner of taxation and finance or the authority, be secured by
  obligations of the United States or of the state of a market value equal
  at all times to the amount of  the  deposit  and  all  banks  and  trust
  companies are authorized to give such security for such deposits.
3.  Any  such  moneys  of the authority not required for immediate use
  may, at the discretion of the authority, be invested by the commissioner
  of taxation and finance in obligations of the United States or the state
  or obligations the principal and interest of which are guaranteed by the
  United States or the state.
4. The comptroller, or his legally authorized representative is hereby
  authorized and empowered from time to time  to  examine  the  books  and
  accounts   of  the  authority  including  its  receipts,  disbursements,
  contracts, reserve funds, investments, and any other matters relating to
  its financial standing. Such an examination shall be  conducted  by  the
  comptroller  at  least  once  in  every  five  years; the comptroller is
  authorized, however, to accept from the authority, in lieu  of  such  an
  examination,  an  external examination of its books and accounts made at
  the request of the authority.
* NB (Disbanded March, 1980)
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 19 - New York State Sports Authority › 2471 - Lease Agreements.

*  § 2471. Lease agreements. 1. Any agreement entered into between the
  authority and a participating  municipality  may  provide  for  (i)  the
  construction, acquisition, reconstruction, rehabilitation or improvement
  of  one  or  more sports facilities, and (ii) the leasing thereof and of
  the land  upon  which  the  same  is  erected  and  upon  completion  of
  construction, acquisition, reconstruction, rehabilitation or improvement
  for  a term not exceeding forty years and upon such terms and conditions
  including annual lease rental as may be agreed upon.
2. The participating municipality shall make payments to the authority
  subject to local appropriation therefor in accordance with  the  leasing
  agreement  entered into pursuant to subdivision one of this section. The
  authority may  pledge  or  assign  any  or  all  moneys  in  the  sports
  facilities  income  fund  account  and  in  any  rental  reserve account
  established pursuant to section twenty-four hundred seventy-two of  this
  title and any or all moneys which may be in either or both such accounts
  in  the  future,  whether  equal  to  or in excess of the amount of such
  payments due or becoming due in any year, and any or  all  right,  title
  and interest of the authority in and to the moneys in or to be deposited
  in such fund accounts.
3.  The  attorney general shall pass upon the form and sufficiency and
  manner of execution of any lease agreement entered into pursuant to this
  section and the same shall not be effective unless so approved by him.
4. The state shall not be liable  for  any  payments  payable  to  the
  authority  by  a  participating  municipality pursuant to the terms of a
  lease agreement entered into pursuant to this section and such agreement
  shall contain among its terms a statement to such effect.
* NB (Disbanded March, 1980)
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 19 - New York State Sports Authority › 2473 - State Aid Guarantee; Withholding Thereof.

*  §  2473.  State aid guarantee; withholding thereof. 1. In the event
  that a participating municipality fails to make its required payment, in
  whole or in part, to the authority, the chairman of the authority  shall
  certify to the comptroller that such municipality has failed to meet its
  obligations.  Such  certificate  shall  be in such form as the authority
  deems desirable, but shall include the exact amount of payment  required
  to satisfy such municipality's obligation to the authority.
2.  The  comptroller,  upon  receipt  of  such  certificate  from  the
  authority, shall withhold from the city, county, town or village or,  in
  the event the participating municipality is a public benefit corporation
  from  the city, county, town or village on whose behalf such corporation
  was created, state aid payable to such city, county, town or village  to
  the  extent  necessary  to  meet  the  required  amount of payments. The
  comptroller shall immediately pay over to the sports  facilities  income
  fund account the amount so withheld.
* NB (Disbanded March, 1980)
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 19 - New York State Sports Authority › 2474 - Extraordinary Conditions Provision.

*  §  2474.  Extraordinary  conditions  provision. In the event that a
  participating municipality fails to make its required payment  in  whole
  or  in part, to the authority because of extraordinary conditions beyond
  the control of the  participating  municipality  as  determined  by  the
  authority,  the  chairman of the authority shall certify such conditions
  to the comptroller. The comptroller upon receipt of  such  certification
  from  the  authority  shall withhold state aid in the same manner as set
  forth in section twenty-four hundred seventy-three in an amount  not  to
  exceed  eighty per centum of the total required payment minus the amount
  paid by the municipality. The comptroller shall immediately pay over  to
  the  sports  facilities  income  fund account the amount so withheld. In
  such cases, the authority shall provide for the outstanding  amounts  so
  due in an appropriate and timely manner.
* NB (Disbanded March, 1980)
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 19 - New York State Sports Authority › 2476 - State and Municipalities Not Liable on Bonds and Notes.

*  § 2476. State and municipalities not liable on bonds and notes. The
  bonds, notes and other obligations of the authority shall not be a  debt
  of  the  state of New York or of any municipality, and neither the state
  nor any municipality shall be liable thereon, nor shall they be  payable
  out of any funds other than those of the authority.
* NB (Disbanded March, 1980)
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 19 - New York State Sports Authority › 2477 - Agreement of the State.

*  §  2477.  Agreement of the state. The state of New York does hereby
  pledge to and agree with the holders of any bonds or notes issued  under
  this  title  that  the  state  will not limit or alter the rights hereby
  vested in the authority to fulfill the terms of any agreements made with
  the holders thereof, or in any way impair the  rights  and  remedies  of
  such  holders  until  such  bonds  or  notes  together with the interest
  thereon, with interest on any unpaid installments of interest,  and  all
  costs and expenses in connection with any action or proceedings by or on
  behalf  of  such holders, are fully met and discharged. The authority is
  authorized to include this pledge and agreement  of  the  state  in  any
  agreement with the holders of such bonds or notes.
* NB (Disbanded March, 1980)
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 19 - New York State Sports Authority › 2478 - Property and Income.

*  §  2478. Property and income. The property of the authority and its
  income and operations shall be  exempt  from  taxation,  assessments  or
  service charges of every kind and nature, and the authority shall not be
  required to pay any recording fee or transfer tax of any kind on account
  of instruments recorded by it or on its behalf.
* NB (Disbanded March, 1980)
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 19 - New York State Sports Authority › 2479 - Exemption From Taxation of Bonds and Notes.

*  §  2479.  Exemption  from taxation of bonds and notes. It is hereby
  determined that the creation of the authority is in all respects for the
  benefit of the people of the state, for the improvement of their  health
  and  welfare,  and  for  the  promotion  of  the  economy, and that said
  purposes are public purposes and the authority  will  be  performing  an
  essential  governmental function in the exercise of the powers conferred
  upon it by this title, and the state covenants with the  purchasers  and
  all  subsequent holders and transferees of bonds and notes issued by the
  authority, in consideration of the acceptance of  and  payment  for  the
  bonds  and  notes,  that  the  bonds  and notes of the authority, issued
  pursuant to this title and  the  income  therefrom  and  all  its  fees,
  charges, gifts, grants, revenues, receipts, and other moneys received or
  to  be  received,  pledged to pay or secure the payment of such bonds or
  notes shall at all times be free from taxation,  except  for  estate  or
  gift taxes and taxes on transfers.
* NB (Disbanded March, 1980)
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 19 - New York State Sports Authority › 2480 - Bonds and Notes as Legal Investments for Public Officers and Fiduciaries.

* § 2480. Bonds and notes as legal investments for public officers and
  fiduciaries.  The  bonds  and  notes  of  the  authority are hereby made
  securities in which all public officers and bodies of this state and all
  political subdivisions thereof, all insurance companies and associations
  and other persons carrying on an insurance business, all banks, bankers,
  trust companies,  savings  banks  and  savings  associations,  including
  savings   and   loan   associations,  building  and  loan  associations,
  investment companies and other persons carrying on a  banking  business,
  all   administrators,   guardians,   executors,   trustees   and   other
  fiduciaries, and all other persons who  are  now  or  may  hereafter  be
  authorized  to  invest  in  bonds or other obligations of the state, may
  properly and legally invest funds including capital in their control  or
  belonging  to  them. The bonds and notes are also hereby made securities
  which may be deposited with and may be received by all  public  officers
  and  bodies of this state and all political subdivisions thereof for any
  purpose for which the deposit of bonds  or  other  obligations  of  this
  state is now or may hereafter be authorized.
* NB (Disbanded March, 1980)
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 19 - New York State Sports Authority › 2481 - Actions.

*  §  2481.  Actions.  In any case founded upon tort a notice of claim
  shall be required as a condition precedent to  the  commencement  of  an
  action  or  special  proceeding  against  the  authority or any officer,
  appointee or employee thereof, and the provisions of section fifty-e  of
  the general municipal law shall govern the giving of such notice.
Except  in  an action for wrongful death, no action shall be commenced
  (a) prior to the expiration of thirty days from the date  on  which  the
  demand,  claim or claims upon which the action is founded were presented
  to a director of the authority or other officer thereof  designated  for
  such  purpose  nor  (b)  more  than  one  year after the cause of action
  therefor shall  have  accrued.  An  action  against  the  authority  for
  wrongful death shall be commenced in accordance with the notice of claim
  and  time  limitation provisions of title eleven of article nine of this
  chapter.
* NB (Disbanded March, 1980)
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 19 - New York State Sports Authority › 2482 - Limitation of Liability.

*  §  2482.  Limitation  of  liability.  Neither  the  members  of the
  authority, nor any person or persons acting in its behalf, while  acting
  within  the  scope  of their authority, shall be subject to any personal
  liability resulting from carrying out any of the powers expressly  given
  in this act.
* NB (Disbanded March, 1980)
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 19 - New York State Sports Authority › 2483 - Assistance by State Officers, Departments, Boards and Commissions.

*  §  2483.  Assistance  by  state  officers,  departments, boards and
  commissions. All officers, departments, boards, agencies, divisions  and
  commissions of the state may render any services to the authority as are
  within  the  area of their respective governmental functions as fixed by
  law and as may be requested by the authority and shall  comply  promptly
  with  any  reasonable  request  by the authority as to the making of any
  study or review as to desirability, need, cost or expense  with  respect
  to  any  public  project,  purpose  or  improvement,  or  the  financial
  feasibility thereof or the financial or fiscal responsibility or ability
  in connection therewith of any municipality making application for  loan
  to the authority.
* NB (Disbanded March, 1980)
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 19 - New York State Sports Authority › 2484 - Annual Report.

*  §  2484. Annual report. The authority shall submit to the governor,
  the chairman of the  senate  finance  committee,  the  chairman  of  the
  assembly  ways  and means committee, the comptroller and the director of
  the budget within six months  after  the  end  of  its  fiscal  year,  a
  complete  and  detailed  report  setting  forth:  (1) its operations and
  accomplishments; (2) its receipts and expenditures  during  such  fiscal
  year in accordance with the categories or classifications established by
  the authority for its operating and capital outlay purposes, including a
  listing  of  all  private  consultants  engaged  by  the  authority on a
  contract basis and a statement of the total amount  paid  to  each  such
  private  consultant;  (3)  its  assets and liabilities at the end of its
  fiscal year, including the status of reserve, special  or  other  funds;
  and  (4) a schedule of its bonds and notes outstanding at the end of its
  fiscal year, together with a  statement  of  the  amounts  redeemed  and
  incurred during such fiscal year.
* NB (Disbanded March, 1980)
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 19 - New York State Sports Authority › 2485 - Court Proceedings; Preferences; Venue.

*  §  2485.  Court  proceedings;  preferences;  venue.  Any  action or
  proceeding to which the agency or the people of the state  of  New  York
  may  be parties, in which any question arises as to the validity of this
  act, shall be preferred over all  other  civil  causes  except  election
  causes  in  all  courts  of the state of New York and shall be heard and
  determined in preference to all other  civil  business  pending  therein
  except  election  causes,  irrespective of position on the calendar. The
  same preference shall be granted upon  application  of  counsel  to  the
  authority  in  any action or proceeding questioning the validity of this
  title in which he may be allowed to intervene. The  venue  of  any  such
  action  or proceeding shall be laid in the county in which the principal
  office of the authority is located.
* NB (Disbanded March, 1980)
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 19 - New York State Sports Authority › 2486 - Inconsistent Provisions of Other Laws Superseded.

* § 2486. Inconsistent provisions of other laws superseded. Insofar as
  the provisions of this title are inconsistent with the provisions of any
  other law, general, special or local, the provisions of this title shall
  be controlling.
* NB (Disbanded March, 1980)
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 19 - New York State Sports Authority › 2487 - Construction.

* § 2487. Construction. This title, being necessary for the welfare of
  the  state  and  its  inhabitants, shall be liberally construed so as to
  effectuate its purposes.
* NB (Disbanded March, 1980)
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 19 - New York State Sports Authority › 2488 - Separability.

* § 2488. Separability. If any clause, sentence, paragraph, section or
  part  of  this  title  shall  be  adjudged  by  any  court  of competent
  jurisdiction to be invalid, such judgment shall not  affect,  impair  or
  invalidate the remainder thereof, but shall be confined in its operation
  to  the  clause,  sentence,  paragraph, section or part thereof directly
  involved in the controversy in  which  such  judgment  shall  have  been
  rendered.
* NB (Disbanded March, 1980)
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 21 - Saratoga Springs City Center Authority › 2490-B - Definitions.

§  2490-b. Definitions. As used or referred to in this title, unless a
  different meaning clearly appears from the context:
1. The term "authority" shall mean the corporation created by  section
  twenty-four hundred ninety-c of this title;
2.  The  term "city" shall mean the city of Saratoga Springs, Saratoga
  county, New York;
3. The term "board" shall mean the members of the authority;
4. The term "mayor" shall mean the  mayor  of  the  city  of  Saratoga
  Springs;
5.  The term "city council" shall mean the city council of the city of
  Saratoga Springs;
6. The term "bonds" shall mean the bonds  and  where  applicable,  the
  notes authorized in this title;
7.  The  term  "real  property"  shall  mean  lands, including air and
  subsurface rights and lands  under  water,  structures,  franchises  and
  interests  in  lands  and any and all things usually included within the
  said terms, including not only fees simple absolute but also any and all
  lesser interests, such  as  easements,  rights  of  way,  uses,  leases,
  licenses,  and  all  other  incorporeal  hereditaments and every estate,
  interest or right, legal or equitable, including  terms  of  years,  and
  liens  thereon  by  way  of  judgments, mortgages or otherwise, and also
  claims for damage to real estate;
8. The term "project" shall mean the Saratoga Springs city  center  to
  be  constructed  within the city for the purpose of providing convention
  or trade show  facilities  and  shall  include  all  real  and  personal
  property,   driveways,  roads,  approaches,  structures,  parking  lots,
  mechanical equipment and all appurtenances  and  facilities  either  on,
  above,  or under the ground which are used or useable in connection with
  such city center.
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 21 - Saratoga Springs City Center Authority › 2490-C - Saratoga Springs City Center Authority.

§  2490-c. Saratoga Springs city center authority. A board to be known
  as the Saratoga Springs city center authority  is  hereby  created.  The
  board  shall  be  a  body  corporate  and politic, constituting a public
  benefit  corporation,  and  its  existence  shall  commence   upon   the
  appointment  of  the  members  as herein provided. It shall consist of a
  chairman and six other members all of whom shall  be  appointed  by  the
  mayor  with  the  consent  of the city council. Initially, three members
  shall be appointed for six years; two members for five  years;  and  two
  members  for  four  years. At the expiration of such terms, the terms of
  office of their  successors  shall  be  six  years.  Each  member  shall
  continue  to  serve  until  the  appointment  and  qualification  of his
  successor.  Vacancies  in  such  board  occurring  otherwise   than   by
  expiration of term shall be filled for the unexpired term. The mayor, or
  his  designated  representative from the city council, shall serve as an
  ex officio, nonvoting member of the board while in office. The board may
  delegate to one or more of its members, or to its officers,  agents  and
  employees,  such powers and duties as it may deem proper. Members of the
  board shall be entitled to no compensation for their services, but shall
  be entitled to reimbursement for their  actual  and  necessary  expenses
  incurred  in the performance of their official duties. The powers of the
  authority shall be vested in and exercised by a majority of  the  voting
  members  of  the  board then in office. The authority, and its corporate
  existence, shall  continue  only  for  a  period  of  fifty  years,  and
  thereafter,  until  all its liabilities have been met and its bonds have
  been paid in full or such  liabilities  or  bonds  have  been  otherwise
  discharged,  except that no additional liabilities may be incurred after
  the termination of its corporate existence. Upon its ceasing  to  exist,
  all its rights and property shall pass to the city.
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 21 - Saratoga Springs City Center Authority › 2490-D - Purposes and Powers of the Authority.

§  2490-d.  Purposes  and powers of the authority. The purposes of the
  authority shall be  to  construct,  operate  and  maintain  the  project
  consisting  of the Saratoga Springs city center authority and facilities
  in connection therewith. To carry out the purposes the  authority  shall
  have power:
1. To sue and be sued;
2. To acquire, hold and dispose of personal property for its corporate
  purposes;
3. To have a seal and alter the same at pleasure;
4.  To  make  by-laws for the management and regulation of its affairs
  and, subject to agreements with bondholders, for the regulation  of  the
  project;
5.  With the consent of the city council, to use agents, employees and
  facilities of the city, paying to the city its  agreed  portion  of  the
  compensation or costs;
6.  To  appoint  officers, agents and employees; and to describe their
  qualifications and fix their  compensation;  subject,  however,  to  the
  provisions of the civil service law as hereinafter provided;
7.  To  make  contracts  and  leases,  and  to execute all instruments
  necessary or convenient;
8.  To  construct  such  buildings,  structures,  parking  and   other
  facilities as may be necessary or convenient;
9. To reconstruct, improve, maintain and operate the project;
10.  To  collect  rentals,  fees  and other charges for the use of the
  project  subject  to  and  in  accordance  with  such  agreements   with
  bondholders as may be hereinafter provided;
11.  To  contract  for the services of architects, engineers, lawyers,
  financial and other professional advisers and to fix their compensation;
12. To construct, operate and maintain the project;  to  contract  for
  the  construction, operation and maintenance of any part thereof, or for
  services to be performed in connection therewith; to rent part  thereof,
  and  to  grant  concessions,  all on such terms and conditions as it may
  determine; provided, however, that the  location  of  the  site  of  the
  project  and the plans thereof shall be subject to the prior approval of
  the city council.
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 21 - Saratoga Springs City Center Authority › 2490-E - Acquisition of Land for the Project.

§  2490-e.  Acquisition  of land for the project. 1. The authority may
  acquire lands by purchase or condemnation for the project. It shall have
  the power to sell, lease or otherwise dispose of said real property  and
  shall  retain  and have the power to use the proceeds of sale, rental or
  other moneys derived from the disposition thereof for its purposes.
2. Notwithstanding any law to the contrary  the  city  may,  by  legal
  instrument  authorized by a resolution, lease real property owned by the
  city to the authority, with or without consideration, for so long as the
  authority's existence shall continue.
3. Notwithstanding any other provision of law, the city may  by  legal
  instrument  authorized  pursuant to resolution, purchase, lease, license
  or otherwise acquire the project  or  any  interest  therein,  including
  terms of years; and, by resolution, establish a capital reserve fund for
  the  purpose  of  financing  all or a part of the cost of such purchase,
  lease, license or other  acquisition,  including  rent  related  to  the
  acquisition   of   a   leasehold  interest  in  the  project,  and  make
  expenditures from such fund for such purposes.
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 21 - Saratoga Springs City Center Authority › 2490-F - Civil Service Status of Employees.

§  2490-f.  Civil  service  status  of  employees. The appointment and
  promotion of all employees of the authority shall be made in  accordance
  with  the  provisions of the civil service law and the rules of the city
  of Saratoga Springs civil service commission, and such  employees  shall
  be entitled to membership in the city pension and retirement system, and
  shall  be  entitled to the same rights and obligations thereunder as the
  employees of the city.
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 21 - Saratoga Springs City Center Authority › 2490-H - Moneys of the Authority.

§  2490-h.  Moneys  of  the  authority. 1. All moneys of the authority
  shall be paid to the commissioner of finance of  the  city  of  Saratoga
  Springs as agent for the authority, who shall designate depositories and
  who shall not commingle such moneys with any other moneys. The moneys in
  such accounts shall be paid out on checks of the commissioner of finance
  on  requisition of the chairman of the authority or of such other person
  or persons as the authority may authorize upon proper audit of the city.
2. At the end of every fiscal year, the authority shall pay all excess
  funds to the city  for  its  use.  The  term  excess  funds  shall  mean
  authority  moneys  not  required  for the authority's budget in the next
  fiscal year. In addition, the authority, with the consent  of  the  city
  council, can retain funds in a special capital account as a reserve fund
  for   possible   future   capital   projects   such  as  major  repairs,
  reconstruction or renovation of the civic center,  additional  equipment
  or  replacement  of  existing  fixtures  and  equipment. The size of the
  capital account shall be mutually agreed to by  the  authority  and  the
  city,  and  no  funds  shall  be  expended from the said capital account
  without the consent of the city council.
3. All deposits of such moneys shall, if required by the  commissioner
  of  finance,  be  secured  by obligations of the United States or of the
  state of New York, of a market value equal at all times to the amount of
  the deposit, and all banks and trust companies are  authorized  to  give
  such security for the deposits.
4.  The  city  of  Saratoga  Springs  commissioner  of finance and his
  legally authorized representative are authorized and empowered from time
  to time to examine the accounts and books of  the  authority,  including
  all   receipts,   disbursements,   contracts,   leases,  sinking  funds,
  investments and any other records and papers relating to  its  financial
  standing.
5.  The  authority shall have power, notwithstanding the provisions of
  this section, to contract with the holders of any of its bonds as to the
  custody, collection, securing, investment and payment of any  moneys  of
  the  authority  or any moneys held in trust or otherwise for the payment
  of bonds or in any way to secure  bonds,  and  to  carry  out  any  such
  contract notwithstanding that such contract may be inconsistent with the
  previous  provisions  of this section. Moneys held in trust or otherwise
  for the payment of bonds and the deposits of such moneys may be  secured
  in  the  same manner as moneys of the authority, and all banks and trust
  companies are authorized to give such security for such deposits.
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 21 - Saratoga Springs City Center Authority › 2490-K - State, City and Municipalities Not Liable on Authority Bonds.

§  2490-k.  State,  city  and  municipalities  not liable on authority
  bonds. Neither the state, the city nor any other municipality or  public
  corporation shall be liable on the bonds of the authority and such bonds
  shall  not be a debt of the state, the city or any other municipality or
  public corporation, and such bonds shall contain on the face  thereof  a
  statement to such effect.
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 21 - Saratoga Springs City Center Authority › 2490-L - Bonds Legal Investment for Fiduciaries.

§  2490-l.  Bonds  legal  investment for fiduciaries. The bonds of the
  authority are hereby made securities in which all public  officials  and
  bodies  of the state and all municipalities, all insurance companies and
  associations and other persons carrying on an  insurance  business,  all
  banks, bankers, trust companies, savings banks and savings associations,
  including  savings and loan associations, investment companies and other
  persons carrying on a banking business, and  administrators,  guardians,
  executors,   trustees  and  other  fiduciaries  and  all  other  persons
  whatsoever, who are now or may hereafter  be  authorized  to  invest  in
  bonds  or other obligations of the state may properly and legally invest
  funds including capital in their control or belonging to them. The bonds
  are also hereby made securities which may be deposited with and  may  be
  received  by  all  public  officers  and  bodies  of  this state and all
  municipalities for any purposes for which the deposit of bonds or  other
  obligations of this state is now or hereafter may be authorized.
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 21 - Saratoga Springs City Center Authority › 2490-M - Agreement With the State.

§  2490-m.  Agreement  with the state. The state hereby pledges to and
  agrees with the holders of any bonds issued by the authority pursuant to
  this title, that the state will not alter or  limit  the  rights  hereby
  vested  in  the  authority  to  purchase,  construct, maintain, operate,
  repair,  improve,  increase,  enlarge,  extend,  reconstruct,  renovate,
  rehabilitate  or  dispose  of any project, or any part or parts thereof,
  for which bonds of the authority shall have been  issued,  to  establish
  and  collect  rates,  rents,  fees and other charges referred to in this
  title, to fulfill the terms of  any  agreement  made  with  or  for  the
  benefit of the holders of bonds or with any public corporation or person
  with reference to such project or part thereof, or in any way impair the
  rights  and  remedies of bondholders, until the bonds, together with the
  interest thereon, with interest on any unpaid installments  of  interest
  and  all  costs and expenses in connection with any action or proceeding
  by or on behalf of such  holders  are  fully  met  and  discharged.  The
  authority  is  authorized  to  include  this pledge and agreement of the
  state in any agreement with bondholders.
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 21 - Saratoga Springs City Center Authority › 2490-N - Exemption From Taxes, Assessments and Certain Fees.

§ 2490-n. Exemption from taxes, assessments and certain fees. 1. It is
  hereby  determined  that  the creation of the authority and the carrying
  out of its corporate purposes is in all respects for the benefit of  the
  people  of  the state and is a public purpose and the authority shall be
  regarded as performing a governmental function in the  exercise  of  the
  powers  conferred upon it by this title and shall not be required to pay
  any taxes or assessments upon any property owned  by  it  or  under  its
  jurisdiction,  control  or  supervision  or  upon its activities, or any
  filing, recording or transfer fees or taxes in relation  to  instruments
  filed, recorded or transferred by it or on its behalf. The construction,
  use,  occupation  or  possession of any property owned by the authority,
  including improvements thereon, by  any  person  or  public  corporation
  under  a  lease,  lease  and  sublease  or any other agreement shall not
  operate to abrogate or limit the  foregoing  exemption,  notwithstanding
  that  the  lessee,  user,  occupant  or person in possession shall claim
  ownership for federal income tax purposes. The authority shall be deemed
  a public authority for the purposes of section four  hundred  twelve  of
  the real property tax law.
2.  Any  bonds  issued pursuant to this title together with the income
  therefrom as well as the property of the authority shall be exempt  from
  taxes,  except for transfer and estate taxes. The state hereby covenants
  with the purchasers and with all subsequent holders and  transferees  of
  bonds  issued  by the authority pursuant to this title, in consideration
  of the acceptance of and payment for the bonds, that the  bonds  of  the
  authority issued pursuant to this title and the income therefrom and all
  revenues,  moneys,  and  other property pledged to secure the payment of
  such bonds shall at all times be free from taxation, except for transfer
  and estate taxes.
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 21 - Saratoga Springs City Center Authority › 2490-O - Actions Against Authority.

§  2490-o.  Actions  against  authority.  1.  Except  in an action for
wrongful death, no action or special proceeding shall be  prosecuted  or
maintained  against  the authority for personal injury or damage to real
or personal property alleged to have been sustained  by  reason  of  the
negligence  or  wrongful act of the authority or of any member, officer,
agent or employee thereof, unless:
(a) Notice of claim shall have been made and served upon the authority
within the time limit by and in compliance with section fifty-e  of  the
general municipal law;
(b) It shall appear by and as an allegation in the complaint or moving
papers  that at least thirty days have elapsed since the service of such
notice and that adjustment or payment  thereof  has  been  neglected  or
refused;
(c)  The  action  or  special proceeding shall be commenced within one
year and ninety days after the happening of the  event  upon  which  the
claim is based; and
(d)  An  action  against  the  authority  for  wrongful death shall be
commenced in accordance with the notice of  claim  and  time  limitation
provisions of title eleven of article nine of this chapter.
2.  Wherever  a  notice of claim is served upon the authority it shall
have the right to demand an examination of the claimant relative to  the
occurrence and extent of the injuries or damages for which claim is made
in  accordance  with  the  provisions  of section fifty-h of the general
municipal law.
3. The authority may require any person presenting for  settlement  an
account  or  claim  for  any  cause whatever against the authority to be
sworn before a member, counsel or an attorney, officer  or  employee  of
the  authority  designated  for  such purpose concerning such account or
claim and when so sworn, to answer orally as to any  facts  relative  to
such  account  or  claim.  The  authority  shall have power to settle or
adjust all claims in favor of or against the authority.
4. The rate of interest to be paid by the authority upon any  judgment
for which it is liable, other than a judgment on its bonds, shall be the
rate  prescribed by section five thousand four of the civil practice law
and rules. Interest on payments of principal or interest on any bonds in
default shall accrue at the rate borne by such bonds from the  due  date
thereof until paid or otherwise satisfied.
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 21 - Saratoga Springs City Center Authority › 2490-P - Title Not Affected if in Part Unconstitutional or Ineffective.

§   2490-p.   Title  not  affected  if  in  part  unconstitutional  or
  ineffective. If any section, clause or provision of this title shall  be
  unconstitutional  or  be  ineffective in whole or in part, to the extent
  that it is not unconstitutional or ineffective, it shall  be  valid  and
  effective  and  no  other  section, clause or provision shall on account
  thereof be deemed invalid or ineffective.
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 21 - Saratoga Springs City Center Authority › 2490-Q - Inconsistent Provisions in Other Acts Superseded.

§ 2490-q. Inconsistent provisions in other acts superseded. Insofar as
  the provisions of this title are inconsistent with the provisions of any
  other  act,  general  or  special,  or of any local law of the city, the
  provisions of this title shall be controlling.
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 25 - New York City Sports Authority › 2501 - Definitions.

*  § 2501. Definitions. As used or referred to in this title, unless a
  different meaning clearly appears from the context, the following  terms
  shall mean and include:
1. "Amortized value". For securities purchased at a premium above or a
  discount  below par, the value as of any given date obtained by dividing
  the total amount of the premium or discount  at  which  such  securities
  were  purchased  by  the  number  of  days remaining to maturity on such
  securities at the time of such purchase and by multiplying the amount so
  calculated by the number of days having passed since the  date  of  such
  purchase;  and  (a) in the case of securities purchased at a premium, by
  deducting the product thus obtained from the purchase price, and (b)  in
  the  case  of  securities purchased at a discount, by adding the product
  thus obtained to the purchase price.
2. "Authority". The corporation created by section twenty-five hundred
  three of this title.
3. "Board of estimate". The board of estimate of the city of New York.
4. "Bonds". The bonds authorized by this title.
5. "City". The city of New York.
6. "City council". The city council of the city of New York.
7. "Comptroller". The comptroller of the city of New York.
8. "Corporation counsel". The corporation counsel of the city  of  New
  York.
9. "Governor". The governor of the state of New York.
10. "Mayor". The mayor of the city of New York.
11. "Notes". The notes authorized by the title.
12.  "Real  property".  Lands, including air and subsurface rights and
  lands under water, structures, franchises and interests in lands and any
  and all things usually included within the  said  terms,  including  not
  only fees simple absolute but also any and all lesser interests, such as
  easements,  rights  of  way,  uses,  leases,  licenses,  and  all  other
  incorporeal heriditaments and every estate, interest or right, legal  or
  equitable,  including  terms  of  years,  and  liens  thereon  by way of
  judgments, mortgages or otherwise, and also claims for  damage  to  real
  estate.
13.  "Sports  facility". Real property in the city of New York but not
  in the borough of Brooklyn used or to be used primarily for the  conduct
  of sports events, including a sports complex, stadium or arena and other
  related  facilities  suitable  for  the  holding  of  athletic or sports
  events, including parking therefor.
14. "State". The state of New York.
* NB (Discontinued-Board of Directors never appointed)
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 25 - New York City Sports Authority › 2502 - Legislative Findings and Statement of Purposes.

*  §  2502.    Legislative  findings  and statement of purposes. It is
  hereby found, determined and declared that the city has acquired certain
  large sports facilities located in the city, including  Yankee  stadium,
  Shea   stadium,  Randall's  island  stadium  and  Singer  bowl  and  may
  contemplate the acquisition or construction of other sports  facilities;
  that  other  sports  facilities are maintained or will be constructed in
  the city by public or private corporations;  that  the  maintenance  and
  operation of such facilities in the most efficient and economical manner
  possible  through  the  flexible  and  imaginative  use  of business and
  management skills, the coordination of their activities,  the  providing
  of   amateur,  professional  and  scholastic  sports  events,  meetings,
  exhibitions, cultural events and other events of  civic,  community  and
  general  public interest in such facilities, the promotion of the city's
  competitive position in the field of sports in relation to  other  large
  cities, and the carrying out of these purposes and the functions, powers
  and  duties  provided in this act are essential for the health, welfare,
  recreation and prosperity of the people of the city and state,  for  the
  promotion of competitive sports for youth and the prevention of juvenile
  delinquency  and  for  the improvement of trade and commerce in the city
  and the state.
It is hereby further found, determined and declared that at all levels
  of government--federal, state and local--experience has shown that  when
  government  operates in a field usually reserved for private enterprise,
  a public authority is a useful device  to  provide  the  creativity  and
  independence  which  regular  government  agencies cannot offer and that
  therefore it is in the public interest to create such an  authority  and
  to  vest  such powers in the authority as are necessary or convenient to
  implement  the  foregoing  purposes  since   neither   unaided   private
  enterprise  nor  government  alone can adequately perform them; that the
  creation and operation of the authority, as hereafter  provided,  is  in
  all  respects  for  the benefit of the people of the city and the state,
  and is a governmental, state, city and  public  purpose;  and  that  the
  exercise  by  such  authority  of  the  functions, powers, and duties as
  hereinafter provided, constitutes the performance of an essential public
  and governmental function.
* NB (Discontinued-Board of Directors never appointed)
2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 25 - New York City Sports Authority › 2506 - Moneys of the Authority.

*  §  2506.  Moneys  of the authority. 1. Subject to the provisions of
  this title, the members of the authority shall receive, accept,  invest,
  administer,  expend  and  disburse for its corporate purposes all monies
  for the authority from whatever sources derived.
2. The monies of the authority shall be paid to the comptroller as the
  agent of the authority, who shall designate depositories and  who  shall
  not  commingle  such  moneys with any other moneys. Such moneys shall be
  deposited in a separate bank account or accounts.  The  moneys  in  such
  account  or  accounts  shall be paid out on checks by the comptroller on
  requisitions of the chairman of the board of directors of the  authority
  or  of  such  other  person or persons as the authority may authorize to
  make such requisitions after audit by  the  comptroller  in  the  manner
  provided  by  the  New  York  city  charter. All deposits of such moneys
  shall, if required by the comptroller or the authority,  be  secured  by
  obligations  of  the  United  States or of the state or of the city of a
  market value equal at all times to the amount of the  deposit,  and  all
  bank  and  trust companies are authorized to give such security for such
  deposits. The comptroller and his legally authorized representative  are
  authorized  and  empowered from time to time to examine the accounts and
  books  of  the  authority,  including   its   receipts,   disbursements,
  contracts, leases, investments and any other records and papers relating
  to its financial standing.
* NB (Discontinued-Board of Directors never appointed)