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§ 68. Disposal  of  records.  1. Notwithstanding the provisions of any
general, special or local law, the Utica transit authority or officer or
employee thereof is hereby  empowered  to  destroy,  sell  or  otherwise
dispose  of  any  book,  paper, map photograph, microphotograph or other
record regardless of its physical form or characteristic, which has been
made, acquired, or received or is now in its custody and which the Utica
transit authority determines no longer  has  sufficient  administrative,
legal,  fiscal,  research  or  historical value to warrant its continued
retention  and  preservation,  provided  the  Utica  transit   authority
authorizes such destruction, sale or other disposition.
  2.  The  provisions  of  this section shall not apply to the following
records of the Utica transit authority unless copies for  retention  are
reproduced as provided in section sixty-nine of this article:

(a) The official copy of the minutes of the Utica transit authority including appendices and attachments thereto.

(b) The official copy of any annual report of the Utica transit authority to the commissioner.

(c) Records which have not been retained for such period of time as may be required:

(1) by the federal government or any of its agencies;

(2) by rules and regulations of the state comptroller;

(3) by rules and regulations of the commissioner.