New York Public Authorities Code § 1125

Powers of the authority
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* § 1125. Powers of the authority. The authority shall have the power:\n  1. To sue and be sued;\n  2. To have a seal and alter the same at pleasure;\n  3. To borrow money and issue bonds or other obligations and to provide\nfor the rights of the holders thereof;\n  4. To enter into contracts and execute all instruments necessary or\nconvenient or desirable for the purposes of the authority to carry out\nany powers expressly given it in this title;\n  5. To acquire, by purchase, gift, grant, transfer, contract or lease\nor by condemnation pursuant to the eminent domain procedure law, lease\nas lessee, hold, and use any real or personal property or any interest\ntherein, as the authority may deem necessary, convenient or desirable to\ncarry out the purpose of this title; provided however, that the\nauthority may not condemn real property of a municipality without the\nconsent of the governing body of such municipality;\n  6. To purchase, in the name of the authority, any water facility or\nsewerage facility, and any improvements, extensions and betterments,\nsituated wholly within the district, provided, however, that the\nauthority shall have the power to purchase any source of supply, supply\nfacility, water supply system, transmission facility, sewerage system or\nsewerage facility or any part thereof situated wholly or partly without\nthe territorial limits of the district, provided the same shall be\nnecessary in order to supply water within the district; and in\nconnection with the purchase of such properties, the authority may\nassume any obligations of the owner of such properties and, to the\nextent required by the terms of any indentures or other instruments\nunder which such obligations were issued, the authority may assume and\nagree to perform covenants and observe the restrictions contained in\nsuch instruments; and furthermore, the owner of any properties, which\nthe authority is authorized to acquire, is hereby authorized to sell or\notherwise transfer the same to the authority, whereupon the authority\nshall have become charged with the performance of all public duties with\nrespect to such properties with which such owner was charged and such\nowner shall have become discharged from the performance thereof, and as\na means of so acquiring for such purpose, the authority may purchase all\nof the stock of any existing privately owned water corporation or\ncompany and in the case of a sale or other transfer of properties of a\npublic utility corporation pursuant to this provision, upon the purchase\nof the stock of such corporation or company it shall be lawful to\ndissolve such corporation within a reasonable time;\n  7. To construct, improve, maintain, develop, expand or rehabilitate\nwater facilities or sewerage facilities and to pay the costs thereof;\n  8. To operate and manage and to contract for the operation and\nmanagement of properties of the authority;\n  9. To enter into contracts, and carry out the terms thereof, for the\nwholesale provision of water produced by supply facilities constructed,\nowned or operated by the authority, to municipalities and private water\ncompanies and to carry out the terms thereof, for the transmission of\nwater from new or existing supply facilities;\n  10. To enter into contracts with municipalities for the collection,\ntreatment and disposal of sewerage;\n  11. To take all necessary and reasonable actions within the district\nto conserve, preserve and protect the water supply to the district,\nincluding the making of plans and studies, the adoption of watershed\nrules and regulations, the enforcing of compliance with all current and\nfuture rules and regulations of the state sanitary code with regard to\nwater supply and usage, the requiring of cross-connection controls, the\nproviding of educational material and programs to the public, and the\ncooperating with water suppliers outside the district to conserve,\npreserve and protect the entire water reserve as it is af

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