2023 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; and
20.  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.