1599-N*3 – Tax Contract by the State.
* § 1599-n. 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 […]
1599-O*3 – Remedies of Bondholders.
* § 1599-o. 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 […]
1599-P*3 – Actions Against the Authority.
* § 1599-p. Actions against the authority. 1. In every action against the authority for damages, for injuries to real or personal property, or for the destruction thereof, or for personal injuries or death, the complaint shall contain an allegation that at least ninety days have elapsed since the demand, claim or claims upon which […]
1599-Q*3 – Termination of the Authority.
* § 1599-q. Termination of the authority. Whenever all of the bonds issued by the authority shall have been redeemed or cancelled, the authority shall cease to exist and all rights, titles, and interest and all obligations and liabilities thereof vested in or possessed by the authority shall thereupon vest in and be possessed by […]
1599-R*3 – Title Not Affected if in Part Unconstitutional or Ineffective.
* § 1599-r. Title not affected if in part unconstitutional or ineffective. If any section, clause or provision of this title shall be unconstitutional or be ineffective in whole or in part, to the extent that it is not unconstitutional or ineffective, it shall be valid and effective and no other section, clause or provision […]
1599-S*3 – Inconsistent Provisions in Other Acts Superseded.
* § 1599-s. Inconsistent provisions in other acts superseded. In so far as the provisions of this title are inconsistent with the provisions of any other act, general or special, or of any local law of the city, the provisions of this title shall be controlling. * NB Authority ceased to exist 07/01/1974 * NB […]
1599-D*3 – Civil Service Status of Officers and Employees.
* § 1599-d. Civil service status of officers and employees. Officers and employees of any board, commission or department of the city 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 […]
1599-E*3 – Conveyance of Property by the City to the Authority; Acquisition of Property by the City or by the Authority.
* § 1599-e. Conveyance of property by the city to the authority; acquisition of property by the city or by the authority. 1. The city may, by resolution or resolutions of the common council or by instruments authorized by such resolutions, convey, with or without consideration, and upon appropriate conditions as to outstanding city bonds […]
1599-F*3 – Contruction Contracts.
* § 1599-f. Construction contracts. The authority shall let contracts for construction in the same manner, so far as practicable, as is provided by law for contracts of the city, except that where the estimated expense of a contract does not exceed one thousand dollars, such contracts may be entered into without public letting. Nothing […]
1599-G*3 – Moneys of the Authority.
* § 1599-g. Moneys of the authority. All moneys of the authority shall be paid to the treasurer of the city 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 money in such accounts shall be […]