1622-B – Definitions.
§ 1622-b. Definitions. As used or referred to in this title, unless a different meaning clearly appears from the context: 1. The term “authority” shall mean the corporation created by section sixteen hundred twenty-two-c of this title; 2. The term “village” shall mean the village of Nyack; 3. The term “bonds” and “notes” shall mean […]
1622-C – Village of Nyack Parking Authority.
§ 1622-c. Village of Nyack parking authority. A board to be known as “Village of Nyack parking authority” is hereby created. Such board shall be a body corporate and politic, constituting a public benefit corporation, and its existence shall commence upon the appointment of the members as herein provided. It shall consist of a chairman […]
1622-D – Purpose and Powers of the Authority.
§ 1622-d. Purpose and powers of the authority. The purpose of the authority shall be to provide, operate or maintain or any combination thereof one or more projects in the village. To carry out said purpose, the authority shall have power: 1. To sue and be sued; 2. To have a seal and alter the […]
1622-E – Civil Service Status of Officers and Employees.
§ 1622-e. Civil service status of officers and employees. Officers and employees of any board, commission or department of the village may be transferred to the authority in accordance with the provisions of the civil service law and shall be eligible for such transfer and appointment without examination to offices and positions under the authority. […]
1622-F – Conveyance of Property by the Village to the Authority; Acquisition of Property by the Village or by the Authority.
§ 1622-f. Conveyance of property by the village to the authority; acquisition of property by the village or by the authority. 1. The village may, by resolution or resolutions of the village board or by instruments authorized by such resolutions, convey, with or without consideration, to the authority real and personal property owned by the […]
1622-G – Construction and Purchase Contracts.
§ 1622-g. Construction and purchase contracts. 1. The authority shall let contracts for construction in the same manner, so far as practicable, as is provided by law for contracts for the village, except that where the estimated expense of a contract does not exceed twenty-four hundred dollars such contract may be entered into without public […]
1622-H – Moneys of the Authority.
§ 1622-h. Moneys of the authority. All moneys of the authority shall be paid to the village treasurer of the village as agent of the authority, who shall not commingle such moneys with any other moneys. Such moneys shall be deposited in a separate bank account or accounts. The moneys in such accounts shall be […]
1622-I – Bonds of the Authority.
§ 1622-i. 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 the aggregate principal amount not to exceed ten million dollars outstanding at one time, for any of its corporate purposes and to pay such expenses, costs and payments […]
1622-J – Notes of the Authority.
§ 1622-j. Notes of the authority. The authority shall have power from time to time to issue notes and from time to time to issue renewal notes (herein referred to as notes), in an amount not exceeding at any time one million dollars, for any purpose or purposes for which bonds may be issued, whenever […]
1621-O – Tax Contract by the State.
§ 1621-o. 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 or notes of the […]