§ 1197-e. Powers of the authority. Except as otherwise limited by this\ntitle, the authority shall have the power to:\n 1. sue and be sued;\n 2. have a seal and alter the same at pleasure;\n 3. borrow money and issue negotiable or non-negotiable notes, bonds,\nor other obligations and to provide for the rights of the holders\nthereof;\n 4. 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. acquire, by purchase, gift, grant, transfer, contract or lease or\nby condemnation pursuant to the eminent domain procedure law, lease as\nlessee, hold and use and to sell, lease as lessor, transfer or otherwise\ndispose of, any real or personal property or any interest therein,\nwithin or without the district, but within the territorial limits of the\ntown of North Hempstead, as the authority may deem necessary, convenient\nor desirable to carry out the purpose of this title; provided, however,\nthat the authority may not condemn real property of a municipality\nwithout the consent of the governing body of such municipality;\n 6. purchase, in the name of the authority, any water supply system,\nincluding plants, works, instrumentalities or parts thereof and\nappurtenances thereto, lands, easements, rights in land and water\nrights, rights-of-way, contract rights, franchises, permits, approaches,\nconnections, dams, wells, pumps, reservoirs, water mains and pipe lines,\npumping stations, treatment facilities, meters, equipment and inventory,\nor any other property incidental to and included in such system or part\nthereof, and any improvements, extensions and betterments, situated\nwholly within the district, provided, however, that the authority shall\nhave the power to purchase any source of supply, or water supply system\nor any part thereof situated wholly or partly without the territorial\nlimits of the district, provided same shall be necessary in order to\nsupply water within the district; and in connection with the purchase of\nsuch properties the authority may assume any obligations of the owner of\nsuch properties and, to the extent required by the terms of any\nindentures or other instruments under which such obligations were\nissued, the authority may assume and agree to perform covenants and\nobserve the restrictions contained in such instruments; and furthermore\nthe owner of any properties, which the authority is authorized to\nacquire, is hereby authorized to sell or otherwise transfer the same to\nthe authority, whereupon the authority shall become charged with the\nperformance of all public duties with respect to such properties with\nwhich such owner was charged and such owner shall become discharged from\nthe performance thereof, as a means of so acquiring for such purpose,\nthe authority may purchase all of the stock of any existing privately\nowned water corporation or company and in the case of a sale or other\ntransfer of properties of a public utility corporation pursuant to this\nprovision, upon the purchase of the stock of such corporation or company\nit shall be lawful to dissolve such corporation within a reasonable\ntime;\n 7. construct, improve or rehabilitate water supply facilities required\nfor the maintenance, development or expansion of water supply sources;\n 8. operate and manage and to contract for the operation and management\nof facilities of the authority;\n 9. enter into contracts, and carry out the terms thereof, for the\nwholesale provision of water produced by supply facilities constructed\nand 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. apply to the appropriate agencies and officials of the federal,\nstate and local governments for such licenses, permits or approvals of\nits plans or projects as it may deem necess
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