New York Public Authorities Code § 2757

Special powers of the authority
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§ 2757. 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 aviation facilities or pollution control facilities, or may\nprovide for such establishment, construction, effectuation, operation,\nmanagement, maintenance, renovation, improvement, extension or repair by\ncontract, lease, or other arrangement on such terms as the authority may\ndeem necessary, 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 and\nactivities it deems necessary, convenient or desirable.\n  3. The authority may establish, fix, revise, levy and collect or cause\nto be established, fixed, revised, levied and collected and, in the case\nof a joint service arrangement, join with others in the establishment,\nfixing, revision, levy and collection of such fares, rentals, rates,\ncharges, landing and field use fees, concession fees and other fees as\nit may deem necessary, convenient or desirable for the use and operation\nof any aviation facilities, and related services operated or managed by\nthe authority or under contract, pollution control facilities, lease or\nother arrangement, including joint service arrangements, with the\nauthority. Such fares, rentals, rates, charges, landing and field use\nfees, concession fees or other fees shall be at least sufficient at all\ntimes in the judgment of the authority to establish and maintain the\ncombined operations of the authority on a self-sustaining basis. Such\noperations shall be deemed to be on a self-sustaining basis as required\nby this title, when the authority is able to pay or fund or cause to be\npaid or funded from revenues and any other funds actually available to\nthe authority (i) the principal of, premium, if any, and the interest on\nthe outstanding 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 any agreement between the county and the authority,\nthe principal of and interest on any general obligation bonds, notes or\nother evidence of indebtedness of the county issued for or allocable to\nany project of the authority as the same shall become due and payable\nand any reserves therefor, (ii) the cost of administering, maintaining,\nrepairing and operating any project of the authority, (iii) the cost of\nconstructing capital improvements thereto pursuant to any agreement\nbetween the county and the authority, (iv) 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, (v)\nany requirements of any agreement including those relating to the\nestablishment of reserves for renewal and replacement and for\nuncollected fares, rentals, rates, charges and fees and covenants\nrespecting rates and debt service and earnings coverage ratios, (vi) all\nother reasonable and necessary expenses of the authority, and (vii) the\ncost of such additional projects as may be now or hereafter authorized\nby law and agreed to by the authority.\n  4. The authority may establish and, in the case of joint service\narrangements, join w

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