§ 573. Town of Southampton housing authority. A municipal housing\nauthority, to be known as the town of Southampton housing authority, is\nhereby created and established for the town of Southampton in the county\nof Suffolk for the accomplishment of any or all of the purposes\nspecified in article eighteen of the constitution of the state of New\nYork. It shall constitute a body corporate and politic, and consist of\nfive members. It shall have the powers and duties now or hereafter\nconferred by this chapter upon municipal housing authorities. It shall\nbe organized in the manner prescribed by and subject to the provisions\nof this chapter, and the authority, its members, officers and employees\nand its operations and activities shall in all respects be governed by\nthe provisions of this chapter. Such authority shall have perpetual\nduration, provided, however, that if at the expiration of ten years\nsubsequent to the time this section takes effect, there shall be\noutstanding no bonds or other obligations of such authority theretofore\nissued for any of the purposes authorized in this chapter, then its\ncorporate existence shall thereupon terminate and such authority shall\nthereupon be deemed to be and shall be dissolved. For purposes of\narticle fifteen-A of the executive law only, the authority shall be\ndeemed to be a state agency as that term is used in such article, and\nits contracts for design, construction services and materials shall be\ndeemed to be state contracts within the meaning of that term as set\nforth in such article.\n
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