§ 1005-b. New York state canal corporation. 1. The public benefit\ncorporation known as the "New York state canal corporation" (hereinafter\nreferred to as the "canal corporation") created as a subsidiary\ncorporation of the New York state thruway authority pursuant to chapter\nseven hundred sixty-six of the laws of nineteen hundred ninety-two is\nhereby continued and reconstituted as a subsidiary corporation of the\nauthority and shall have only the power to operate, maintain, construct,\nreconstruct, improve, develop, finance, and promote all of the canals,\ncanal lands, feeder canals, reservoirs, canal terminals, canal terminal\nlands and other property under the jurisdiction of the canal corporation\npursuant to article one-A of the canal law (hereinafter referred to as\nthe "canal system"). Reference in any provision of law, general, special\nor local, or in any rule, regulation or public document to the canal\ncorporation or the canal corporation as a subsidiary of the New York\nstate thruway authority shall be deemed to be and construed as a\nreference to the canal corporation continued by this section.\n 2. The management and administration of the canal corporation shall be\nan additional corporate purpose of the authority. To the extent that the\ntrustees deem it feasible and advisable, the authority may transfer to\nthe canal corporation any moneys, real, personal, or mixed property or\nany personnel in order to carry out the purposes of this section,\nprovided that nothing in this section shall be deemed to require the\nauthority to apply any moneys, revenues or property or to take any\naction in a manner that would be inconsistent with the provisions of any\nbond or note resolution or any other contract with the holders of the\nauthority's bonds, notes or other obligations.\n 3. The canal corporation and any of its property, functions, and\nactivities shall have all of the privileges, immunities, tax exemptions\nand other exemptions of the authority and of the authority's property,\nfunctions, and activities. The canal corporation shall be subject to the\nrestrictions and limitations to which the authority may be subject. The\ncanal corporation may delegate to one or more of its members, or its\nofficers, agents and employees, such duties and powers as it may deem\nproper.\n 4. Exclusive jurisdiction is conferred upon the court of claims to\nhear and determine the claims of any person against the canal\ncorporation (a) for its tortious acts and those of its agents, and (b)\nfor breach of a contract, relating to construction, reconstruction,\nimprovement, maintenance or operation, in the same manner and to the\nextent provided by and subject to the provisions of the court of claims\nact with respect to claims against the state, and to make awards and\nrender judgments therefor. All awards and judgments arising from such\nclaims shall be paid out of moneys of the canal corporation.\n 5. The members of the canal corporation shall be the same persons\nholding the offices of trustees of the authority.\n 6. No officer or member of the canal corporation shall receive any\nadditional compensation, either direct or indirect, other than\nreimbursement for actual and necessary expenses incurred in the\nperformance of his or her duties, by reason of his or her serving as a\nmember, director, or trustee of the canal corporation.\n 7. The employees of the canal corporation shall not be deemed to be\nemployees of the authority by reason of their employment by the canal\ncorporation. All officers and employees of the canal corporation shall\nbe subject to the provisions of the civil service law which shall apply\nto the canal corporation and such corporation shall be subject to the\njurisdiction of the New York state department of civil service and the\nNew York state civil service commission. The canal corporation shall\nparticipate in the New York state and local employees' retirement\nsystem. Nothing contained in a chapte
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