§ 2676-g. Special powers of the authority. In order to effectuate the\npurpose of this title:\n 1. The authority may enter into any joint service arrangements as\nhereinafter provided.\n 2. The authority may, on such terms and conditions as the authority\nmay determine necessary, convenient, or desirable establish, construct,\neffectuate, operate, manage, maintain, renovate, improve, extend, or\nrepair any of the college of Saint Rose facilities, or may provide for\nsuch establishment, construction, effectuation, operation, management,\nmaintenance, renovation, improvement, extension, or repair by contract,\nlease, or other arrangement on such terms as the authority may deem\nnecessary, convenient, or desirable with the federal government, any\nstate or agency or instrumentality thereof, any person, or public\ncorporation. In connection with the operation of any such facilities,\nthe authority may establish, construct, effectuate, operate, manage,\nmaintain, renovate, improve, extend, or repair, or may provide by\ncontract, lease, or other arrangement for the establishment,\nconstruction, effectuation, operation, management, maintenance,\nrenovation, improvement, extension, or repair of any related services\nand activities it deems necessary, convenient, or desirable.\n 3. The authority may establish, fix, revise, levy, and collect or\ncause to be established, fixed, revised, levied, and collected and, in\nthe case of a joint service arrangement, join with others in the\nestablishment, fixing, revision, levy and collection of such rentals,\nrates, charges, concession fees and other fees as it may deem necessary,\nconvenient, or desirable for the use and operation of any of the college\nof Saint Rose facilities, and related services operated or managed by\nthe authority or under contract, lease, or other arrangement, including\njoint service arrangements, with the authority. Such rentals, rates,\ncharges, concession fees, or other fees shall be at least sufficient at\nall times in the judgment of the authority to establish and maintain the\noperations of the authority on a self-sustaining basis. Such operations\nshall be deemed to be on a self-sustaining basis as required by this\ntitle, when the authority is able to pay or fund or cause to be paid or\nfunded from revenues and any other funds actually available to the\nauthority: (a) the principal of, premium, if any, and the interest on\noutstanding bonds of the authority as the same shall become due and\npayable and any capital or debt service reserve therefor and, to the\nextent required by an agreement between the county and the authority,\nthe principal of and interest on any general obligations bonds, notes,\nor other evidence of indebtedness of the county issued for or allocable\nto any project of the authority as the same shall become due and payable\nand any reserves therefor; (b) the cost of administering, maintaining,\nrepairing and operating any project of the authority; (c) the cost of\nconstructing capital improvements thereto pursuant to any agreement\nbetween the county and the authority; (d) any liabilities incurred for\nor allocable to any project of the authority including any liabilities\nof the county assumed by the authority pursuant to any agreement between\nthe county and the authority, as the same become due and payable; (e)\nany requirements of any agreement including those relating to the\nestablishment of reserves for renewal and replacement and for\nuncollected rentals, rates, charges, and fees and covenants respecting\nrates and debt service and earnings coverage ratios; (f) all other\nreasonable and necessary expenses of the authority; and (g) the cost of\nsuch additional projects as may be at the time of the effective date of\nthis title or thereafter authorized, by law and agreed to by the\nauthority.\n 4. The authority may establish and, in the case of joint service\narrangements, join with others in the establishment of such schedules\nand
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