New York Public Authorities Code § 1307

Special powers of the authority
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§ 1307. Special powers of the authority. In order to effectuate the\npurposes of this title: 1. The authority may acquire, by purchase, gift,\ngrant, transfer, contract or lease, or condemnation, any transportation\nfacility, including port or related facilities wholly or partially\nwithin the Capital District transportation district or any part thereof,\nor the use thereof, and may enter into any joint service arrangements as\nhereinafter provided. Any such acquisition or joint service arrangement\nshall be authorized only by resolution of the authority approved by not\nless than a majority of the whole number of members of the authority\nthen in office.\n  2. The authority may on such terms and conditions as the authority may\ndetermine necessary, convenient or desirable itself establish,\nconstruct, effectuate, operate, maintain, renovate, improve, extend or\nrepair any such transportation facility, or may provide for such\nestablishment, construction, effectuation, operation, maintenance,\nrenovation, improvement, extension or repair by contract, lease, or\nother arrangement on such terms as the authority may deem necessary,\nconvenient or desirable with any person, including but not limited to\nany common carrier or freight forwarder, the state, any state agency,\nthe federal government, any other state or agency or instrumentality\nthereof, any public authority of this or any other state or any\npolitical subdivision or municipality of the state. In connection with\nthe operation of any such transportation facility, the authority may\nestablish, construct, effectuate, operate, maintain, renovate, improve,\nextend or repair or may provide by contract, lease or other arrangement\nfor the establishment, construction, effectuation, operation,\nmaintenance, renovation, improvement, extension or repair of any related\nservices and activities it deems necessary, convenient or desirable,\nincluding but not limited to the transportation and storage of freight\nand the United States mail, feeder and connecting transportation,\nparking areas, transportation centers, port, stations and related\nfacilities.\n  3. The authority may establish, levy and collect or cause to be\nestablished, levied and collected and, in the case of a joint service\narrangement, join with others in the establishment, levy and collection\nof such fares, tolls, rentals, rates, charges and other fees as it may\ndeem necessary, convenient or desirable for the use and operation of any\ntransportation facility and related services operated by the authority\nor by a subsidiary corporation of the authority or under contract, lease\nor other arrangement, including joint service arrangements, with the\nauthority. Any such fares, tolls, rentals, rates, charges or other fees\nfor the transportation of passengers shall be established and changed\nonly if approved by resolution of the authority adopted by not less than\na majority of the whole number of members of the authority then in\noffice and only after a public hearing, provided however, that fares,\ntolls, rentals, rates, charges or other fees for the transportation of\npassengers on any transportation facility which are in effect at the\ntime that the then owner of such transportation facility becomes a\nsubsidiary corporation of the authority or at the time that operation of\nsuch transportation facility is commenced by the authority or is\ncommenced under contract, lease or other arrangement including joint\nservice arrangements, with the authority may be continued in effect\nwithout such a hearing.  Such fares, tolls, rentals, rates, charges and\nother fees shall be established as may in the judgment of the authority\nbe necessary to maintain the combined operations of the authority and\nits subsidiary corporations on a self-sustaining basis. The said\noperations shall be deemed to be on a self-sustaining basis as required\nby this title, when the authority is able to pay or cause to be paid\nfrom revenue or 

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