§ 703. Powers of the authority. The authority shall have power:\n 1. To sue and be sued;\n 2. To have a seal and alter the same at pleasure;\n 3. To acquire, hold and dispose of personal property for its corporate\npurposes;\n 4. To acquire, by purchase or condemnation pursuant to the\ncondemnation law, such real property or rights or easements therein, as\nmay be necessary or proper for the construction or operation of the\nbridge, and to sell any such property not needed for its corporate\npurposes;\n 5. To make by-laws for the management and regulation of its affairs;\n 6. To contract for professional services and to employ consulting\nengineers for the design of the bridge and supervision of its\nconstruction, and to employ legal consultants in both the United States\nand Canada; to appoint officers, agents and employees and engineers, and\nfix their compensation;\n 7. To make contracts and to execute all instruments necessary or\nconvenient;\n 8. By contract or contracts or by its own employees to construct and\nto maintain and operate a bridge across the Saint Lawrence river at or\nnear the city of Ogdensburg, in the county of Saint Lawrence, New York,\nand the approach roads which are necessary to connect the bridge with\nthe state highway system in the state of New York at a point and in a\nmanner approved by the state department of transportation and with the\nnearest highway in the province of Ontario and to acquire any property\nor rights of any person, firm or corporation deemed by the authority to\nbe necessary or desirable in connection with the construction or\noperation of the bridge;\n 9. To charge tolls for the use of the bridge at rates sufficient to\nprovide for payment of all expenses of the authority, the conservation,\nmaintenance and operation of the bridge, the payment of the interest on\nand the principal of all bonds issued by the authority under the\nprovisions of this title, and reserves for such purposes, subject to and\nin accordance with such agreements with bondholders as may be made as\nhereinafter provided;\n 10. To exercise in Canada all rights, powers and authority which shall\nbe granted or permitted to the authority by the proper authorities of\nCanada or of the province of Ontario, including the entering upon lands\nand acquiring, condemning, occupying, possessing, and using such real\nestate and other property in Canada as may be needed by the authority in\ncarrying out the powers herein granted;\n 11. Prior to the opening of the bridge for automotive traffic, to\npurchase, maintain and operate all or any ferries across the Saint\nLawrence river within five miles of the location which shall be selected\nfor said bridge, subject to the conditions and limitations contained in\nthis title, and subject to the approval of the proper authorities in the\ngovernment of Canada, subject to the approval of the comptroller of the\nstate of New York and subject to the approval of the form of contract by\nthe attorney general of the state of New York. Nothing contained in\nthis title shall require the authority or its successors to maintain or\noperate any ferry or ferries purchased under the authority of this title\nand upon opening of the bridge for automotive traffic such automotive\nferry or automotive ferry operations shall be terminated, but nothing in\nthis article shall prohibit any party from operating a non-automotive\nferry between Ogdensburg and Prescott. Upon the termination of such\nferry or ferries operations any ferry or ferries so purchased, with the\nappurtenances and property thereto connected and belonging, shall be\nsold in such manner, at such time or times and for such amounts as shall\nbe approved by the director of the budget of the state of New York. The\nauthority and its successors may fix such rates and tolls for the use of\nsuch ferry or ferries as it may deem proper, subject to the same\nconditions provided by this title as to tolls for traffic over the\nbri
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