* § 1621-d. Purpose and powers of the authority. The purpose of the authority shall be to provide, operate or maintain, or any combination thereof, one or more projects in the city. To carry out said purpose, the authority shall have power:

Terms Used In N.Y. Public Authorities Law 1621-D

  • Bequest: Property gifted by will.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Personal property: All property that is not real property.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.

1. To sue and be sued;

2. To have a seal and alter the same at pleasure;

3. To acquire, hold and dispose of personal property for its corporate purposes, including the power to purchase prospective or tentative awards in connection with the condemnation of real property;

4. To acquire real property subject to the approval of at least four members of the common council in the name of the city by purchase or condemnation or gift, and use necessary real property. All real property acquired by the authority by condemnation shall be acquired in the manner provided in the eminent domain procedure law, and further provided, that the authority shall give the common council of the city written notice of its intent to acquire any land by condemnation, whereupon said common council, within a period of forty-five days after the giving of such notice, by resolution voted upon affirmatively by at least two members of such common council, may determine that such land shall not be so acquired, in which event the authority shall be without further power to so acquire the same by condemnation;

5. To make by-laws for the management and regulation of its affairs, and, subject to agreements with bondholders, for the regulation of the project;

6. With the consent of the city to use agents, employees, and facilities of the city, including the corporation counsel, paying to the city its agreed proportion of the compensation or costs;

7. To appoint an attorney, and to fix his or her compensation;

8. To appoint officers, agents, employees, and consultants, to prescribe their qualifications and to fix their compensation; subject, however, to the provisions of the civil service law, as provided in this section;

9. To designate officers and employees, appointed or used by the authority, as specified in this section, who shall be empowered to issue appearance tickets as provided for in Article one hundred fifty of the criminal procedure law. Persons so designated are hereby authorized to issue and serve such tickets for traffic infractions relating to parking within "project" areas as defined herein, in accordance with law and when authorized by local law of the city to issue and serve such tickets for traffic infractions committed anywhere in such city including at parking spaces controlled by parking meters;

10. To make contracts, leases, as lessor or lessee, and any operating agreement, and to execute all instruments necessary or convenient;

11. To acquire, construct, reconstruct, improve, equip and furnish any project as may be necessary or convenient;

12. To maintain and operate any projects;

13. To accept grants, loans or contributions from the United States, the state of New York, or any agency or instrumentality of either of them, or the city, or any person, by bequest or otherwise, and to expend the proceeds for any purposes of the authority;

14. To fix and collect rentals, fees and other charges for the use of any project and to pledge the same, all subject to and in accordance with such agreements with bondholders as may be made as hereinafter provided;

15. To construct, operate or maintain in the projects all facilities and equipment necessary or convenient in connection therewith; and to contract for the providing, operation or maintenance of any parts thereof or for services to be performed; to rent parts thereof, and grant concessions, all on such terms and conditions as it may determine; provided, however, that neither the authority, the city, or any agency of the authority or city, or any other person, firm or corporation shall, within or on any property comprising a part of any project authorized by this title, sell, dispense or otherwise handle any product used in or for the servicing of any motor vehicle using any project or facilities authorized by this title.

* NB Repealed per § 1621-r (see chapter 597 of 2023 § 2 for specifics)

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