* § 1199-eeee. Powers of the authority. Except as otherwise limited by\nthis title, 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 negotiable notes, bonds or other\nobligations and to provide for 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 within\nthe district, lease as lessee, hold, and use and to sell, lease as\nlessor, transfer or otherwise dispose of, any real or personal property\nor any interest therein, within or without the district, as the\nauthority may deem necessary, convenient or desirable to carry out the\npurpose of this title and to pay the costs thereof; 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. To purchase or refuse to purchase, in the name of the authority,\nany water or sewerage facility, including plants, works,\ninstrumentalities or parts thereof and appurtenances thereto, lands,\neasements, rights in land and water rights, rights-of-way, contract\nrights, franchises, permits, approaches, connections, dams, wells,\npumps, reservoirs, water or sewer mains and pipe lines, pumping\nstations, treatment facilities, meters, equipment and inventory, or any\nother property incidental to and included in such system or part\nthereof, and any improvements, extensions and betterments, situated\nwholly within the district and to pay the costs thereof; provided,\nhowever, that the authority shall have the power to purchase any source\nof supply, supply facility, water supply system, or transmission\nfacility or any part thereof situated wholly or partly without the\nterritorial limits of the district, provided the same shall be necessary\nin order to supply water within the district; and in connection with the\npurchase of such properties, the authority may assume any obligations of\nthe owner of such properties and, to the extent required by the terms of\nany indentures 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, and as a means of so acquiring for such\npurpose, the authority may purchase all of the stock of any existing\nprivately owned water corporation or company and in the case of a sale\nor other transfer of properties of a public utility corporation pursuant\nto this provision, upon the purchase of the stock of such corporation or\ncompany it shall be lawful to dissolve such corporation within a\nreasonable time;\n 7. To construct, improve, maintain, develop, expand or rehabilitate\nwater or sewerage facilities and to pay the costs thereof;\n 8. To operate and manage and to contract for the operation and\nmanagement of facilities 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 or other persons for\nthe collection,
‹ Prev All New York sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.