2023 New York Laws › PBA - Public Authorities › Article 9 - General Provisions › Title 5-A - Disposition of Property by Public Authorities › 2896 - Duties of Public Authorities With Respect to the Disposal of Property.

§  2896.  Duties of public authorities with respect to the disposal of
  property. 1. Every authority, as defined in section two of this chapter,
  shall adopt by  resolution  comprehensive  guidelines  which  shall  (a)
  detail   the   public  authority's  operative  policy  and  instructions
  regarding the use, awarding, monitoring and reporting of  contracts  for
  the  disposal  of  property, and (b) designate a contracting officer who
  shall be responsible for the public  authority's  compliance  with,  and
  enforcement  of,  such  guidelines.  Such guidelines shall be consistent
  with, and shall require the public authority's contracting activities to
  comply with this section, the authorities enabling legislation  and  any
  other  applicable  law  for  the  disposal of property, except that such
  guidelines may be stricter than the  provisions  of  this  section,  the
  authorities  enabling  legislation  and any other applicable law for the
  disposal of property if the public authority determines that  additional
  safeguards  are  necessary  to  assure  the integrity of its disposition
  activities.  Guidelines  approved  by  the  public  authority  shall  be
  annually  reviewed  and  approved  by  the  governing body of the public
  authority. On or before the thirty-first day of March in each year,  the
  public  authority  shall  file  with  the  comptroller  a  copy  of  the
  guidelines most recently reviewed and approved by the public  authority,
  including  the  name  of  the  public authority's designated contracting
  officer. At the time of filing such  guidelines  with  the  comptroller,
  every  public  authority  shall  also post such guidelines on the public
  authority's  internet  website.  Guidelines   posted   on   the   public
  authority's  internet  website  shall  be  maintained on such website at
  least until the procurement guidelines for the following year are posted
  on such website.
2. Each public authority shall:
a. maintain adequate inventory controls and accountability systems for
  all property under its control;
b. periodically inventory such property to  determine  which  property
  shall be disposed of;
c.  produce  a  written  report  of  such  property in accordance with
  subdivision three of this section;
d. transfer or dispose of such property as  promptly  as  possible  in
  accordance with section twenty-eight hundred ninety-seven of this title.
3.  a.  Each  public authority shall publish, not less frequently than
  annually, a report listing all real property of  the  public  authority.
  Such  report  shall  include a list and full description of all real and
  personal property disposed of  during  such  period.  The  report  shall
  contain  the  price received by the public authority and the name of the
  purchaser for all such property sold by the public authority during such
  period.
b. The public authority shall deliver copies of  such  report  to  the
  comptroller,  the  director  of  the budget, the commissioner of general
  services, the legislature and the authorities budget office.