2036 – Effect of Inconsistent Provisions.
§ 2036. Effect of inconsistent provisions. 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 any city, the provisions of this title shall be controlling. Nothing contained in this title shall be held to alter or abridge […]
2037 – Limitation on Power of the Authority.
* § 2037. Limitation on power of the authority. Notwithstanding any other provision of this title, the authority, on and after the effective date of this section, shall not exercise any of the powers granted pursuant to subdivisions three, four, six, seven, eight, nine, ten, thirteen, fourteen and fifteen of section two thousand eighteen, or […]
2026 – Bonds and Notes Legal Investments for Fiduciaries.
§ 2026. Bonds and notes legal investments for fiduciaries. The bonds, or notes, 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 […]
2027 – Exemption From Taxes.
§ 2027. 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 Onondaga and its environments, and is a public purpose, and the authority shall be regarded as performing […]
2028 – Tax Contract by the State.
§ 2028. 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 […]
2029 – Officers and Employees Not to Be Interested in Transactions.
§ 2029. 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 […]
2030 – Contracts.
§ 2030. Contracts. All contracts, or orders, for work, material or supplies performed or furnished in connection with construction shall be awarded by the authority pursuant to resolution. Such contracts, or orders, for work, material or supplies needed for any particular purpose involving an expenditure of more than two thousand five hundred dollars shall be […]
2031 – Remedies of Bondholders.
§ 2031. 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 […]
2032 – Actions.
§ 2032. Actions. 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 or employee thereof, and the provisions of section fifty-e of the general municipal law shall govern the giving of […]
2033 – Audit of Authority; Annual Report.
§ 2033. Audit of authority; annual report. In conformity with the provisions of section five of article ten of the constitution, the accounts of the authority shall be subject to the supervision of the state comptroller and such state comptroller and his legally authorized representatives are hereby authorized and empowered from time to time to […]