1050 – Short Title.

§ 1050. Short title. This title may be cited as the “Erie County Water Authority Act.”

1051 – Definitions.

§ 1051. Definitions. As used or referred to in this title, unless a different meaning clearly appears from the context, 1. The term “district” shall mean the Erie county water authority district created by section one thousand fifty-two of this title; 2. The term “authority” shall mean the corporation created by section one thousand fifty-three […]

1052 – Erie County Water Authority District.

§ 1052. Erie county water authority district. There is hereby created a district to be known as the “Erie county water authority district” which shall embrace so much of the territory included within the territorial limits of the county of Erie, as may be outside the territorial limits of the city of Buffalo, except the […]

1053 – Erie County Water Authority.

§ 1053. Erie county water authority. 1. A corporation known as “Erie county water authority” is hereby created for the purposes and charged with the duties and having the powers provided in this title. The authority shall be a body corporate and politic constituting a public benefit corporation. It shall consist of three members, all […]

1054 – Powers of the Authority.

§ 1054. Powers of the authority. The authority shall have power: 1. To sue and be sued; 2. To have a seal and alter the same at pleasure; 3. To acquire, in the name of the authority, lease, hold and dispose of personal property or any interest therein for its corporate purposes, including the power […]

1054-A – Deposit Required Where Temporary Possession Is Granted in Condemnation Proceeding.

§ 1054-a. Deposit required where temporary possession is granted in condemnation proceeding. Whenever the authority, in any condemnation proceeding for the acquisition of any property, shall make application for temporary possession pursuant to the provisions of section twenty-four of the condemnation law, the sum to be fixed by the court for deposit, as a condition […]

1055 – Moneys of the Authority.

§ 1055. Moneys of the authority. All moneys of the authority from whatever source derived shall be paid to the treasurer of the authority and shall be deposited forthwith in a bank or banks in the state of New York designated by the authority. The moneys in such accounts shall be paid out on check […]

1056 – Bonds of the Authority.

§ 1056. Bonds of the authority. 1. The authority shall have the power and is hereby authorized from time to time to issue its negotiable bonds in conformity with applicable provisions of the uniform commercial code for any of its corporate purposes, including incidental expenses in connection therewith, and to secure the payment of the […]

1057 – Notes of the Authority.

§ 1057. Notes of the authority. The authority shall have power and is hereby authorized to issue negotiable bond anticipation notes in conformity with applicable provisions of the uniform commercial code and may renew the same from time to time but the maximum maturity of any such note, including renewals thereof, shall not exceed five […]

1058 – Duty of Authority to Maintain and Operate.

§ 1058. Duty of authority to maintain and operate. It shall be the duty of the authority, subject to any limitation on the amount of revenues to be expended for such purpose, to maintain and operate and where necessary to reconstruct its properties.

1059 – Transfer of Officers and Employees.

§ 1059. Transfer of officers and employees. Any public officer or employee under civil service, selected by the authority may, with the consent of the commission, board or department by which he or she has been employed, be transferred to the authority and shall be eligible for such transfer and appointment without examination to comparable […]

1060 – Agreements of the State.

§ 1060. Agreements of the state. The state of New York does pledge to and agree with the holders of the bonds that the state will not limit or alter the rights hereby vested in the authority to acquire, construct, maintain, operate, reconstruct and improve the properties, to establish and collect the revenues, rates, rentals, […]

1061 – State, County and Municipalities Not Liable on Bonds.

§ 1061. State, county and municipalities not liable on bonds. The bonds and other obligations of the authority shall not be a debt of the state of New York or of the county or of any municipality in the county, and neither the state nor the county nor any municipality in the county shall be […]

1062 – Bonds Legal Investments for Fiduciaries.

§ 1062. Bonds legal investments for fiduciaries. The bonds are hereby made securities in which all public officers and bodies of this state and all municipalities and municipal subdivisions, all insurance companies and associations and other persons carrying on an insurance business, all banks, bankers, trust companies, savings banks and savings associations, including savings and […]

1063 – Exemption From Taxes.

§ 1063. Exemption from taxes. 1. It is hereby determined that the creation of the authority and the carrying out of its corporate purposes is in all respects for the benefit of the people of the county of Erie and its environs, and is a public purpose, and the authority shall be regarded as performing […]

1064 – Tax Contract by the State.

§ 1064. Tax contract by the state. The state of New York covenants with the purchasers and with all subsequent holders and transferees of bonds or notes issued by the authority pursuant to this title, in consideration of the acceptance of and payment for the bonds or notes that the bonds and notes of the […]

1065 – Control by Other Boards or Commissions.

§ 1065. Control by other boards or commissions. No certificate of convenience and necessity, license, consent or other authorization shall be required to be obtained by the authority or by a water-works corporation from any board, commission or other agency of the state in order that the authority may acquire, lease, own and operate, maintain, […]

1066 – Remedies of Bondholders.

§ 1066. Remedies of bondholders. 1. In the event that the authority shall default in the payment of principal of or interest on any issue of the bonds after the same shall become due, whether at maturity or upon call for redemption, and such default shall continue for a period of thirty days, or in […]

1067 – Actions.

§ 1067. Actions. 1. In any case founded upon tort a notice of claim shall be required as a condition precedent to the commencement of an action or special proceeding against the authority or any officer, appointee, agent or employee thereof, and the provisions of section fifty-e of the general municipal law shall govern the […]

1068 – Officers and Employees Not to Be Interested in Transactions.

§ 1068. Officers and employees not to be interested in transactions. It shall be a misdemeanor for any of the members of the authority, or any officer, agent, servant or employee thereof, employed or appointed by them to be in any way or manner interested directly or indirectly in the furnishing of work, materials, supplies […]