1299 – Short Title.
§ 1299. Short title. This title may be cited as the “Niagara Frontier Transportation Act.”
§ 1299. Short title. This title may be cited as the “Niagara Frontier Transportation Act.”
§ 1299-a. Definitions. As used or referred to in this title, unless a different meaning clearly appears from the context: 1. “Authority” shall mean the corporation created by section twelve hundred ninety-nine-c of this title. 2. “Authority facilities” shall mean the authority’s railroad, omnibus, marine and aviation facilities and operations pursuant to joint service arrangements. […]
§ 1299-b. Niagara Frontier transportation district. There is hereby created and established a transportation district to be known as the Niagara Frontier transportation district which shall embrace the counties of Erie and Niagara.
1299-c. Niagara Frontier transportation authority. 1. (a) There is hereby created the “Niagara Frontier transportation authority.” The authority shall be a body corporate and politic constituting a public benefit corporation. The authority shall consist of a chairman, ten voting members and shall have one non-voting member as described in paragraph (b) of this subdivision appointed […]
§ 1299-d. Purposes of the authority. 1. The purposes of the authority shall be the continuance, further development and improvement of transportation and other services related thereto within the Niagara Frontier transportation district, including but not limited to such transportation by railroad, omnibus, marine and air, in accordance with the provisions of this title. It […]
§ 1299-e. General powers of the authority. Except as otherwise limited by this title, the authority shall have power: 1. To sue and be sued; 2. To have a seal and alter the same at pleasure; 3. To borrow money and issue negotiable notes, bonds or other obligations and to provide for the rights of […]
§ 1299-eee. Transit adjudication bureau. 1. Establishment. There is hereby created in the authority a transit adjudication bureau. The head of such bureau shall be the director, who shall be appointed by the chairman of the authority. The director may delegate the powers and duties conferred upon the director by this section to such qualified […]
§ 1299-f. Special powers of the authority. In order to effectuate the purposes of this title: 1. The authority may acquire, by purchase, gift, grant, transfer, contract or lease, any transportation facility, wholly or partially within the Niagara Frontier transportation district or any part thereof, or the use thereof, and may enter into any joint […]
§ 1299-g. Acquisition and disposition of real property. 1. In addition to the powers provided in section twelve hundred ninety-nine-f of this title to acquire transportation facilities, equipment and real property, the authority may acquire, by condemnation pursuant to the condemnation law, any real property it may deem necessary, convenient or desirable to effectuate the […]
* § 1299-gg. Acquisition and disposition of real property by department of transportation. If funds are made available by the authority for the payment of the cost and expense of the acquisition thereof, the department of transportation of the state of New York, when requested by the authority, may acquire such real property in the […]
§ 1299-h. Co-operation and assistance of other agencies. –1. To avoid duplication of effort and in the interests of economy, the authority may make use of existing studies, surveys, plans, data and other materials in the possession of any state agency or any municipality or political subdivision of the state. Each such agency, municipality or […]
§ 1299-i. Notes and bonds of the authority. 1. (a) The authority shall have power and is hereby authorized from time to time to issue its negotiable bonds and notes in conformity with applicable provisions of the uniform commercial code in such principal amount as, in the opinion of the authority, shall be necessary to […]
§ 1299-j. Reserve funds and appropriations. 1. The authority may create and establish one or more reserve funds to be known as debt service reserve funds and may pay into such debt service reserve funds (a) any monies appropriated and made available by the state for the purposes of such funds, (b) any proceeds of […]
§ 1299-k. Agreement of the state. –The state does hereby pledge to and agree with the holders of any notes or bonds issued under this title, that the state will not limit or alter the rights hereby vested in the authority to acquire, establish, construct, effectuate, operate, maintain, renovate, improve, extend or repair any authority […]
§ 1299-l. Right of state to require redemption of bonds. Notwithstanding and in addition to any provisions for the redemption of bonds which may be contained in any contract with the holders of the bonds, the state may, upon furnishing sufficient funds therefor, require the authority to redeem, prior to maturity, as a whole, any […]
§ 1299-m. Remedies of noteholders and bondholders. 1. In the event that the authority shall default in the payment of principal of or interest on any issue of notes or 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 […]
§ 1299-n. Notes and bonds as legal investment. The notes and bonds of the authority are hereby made securities in which all public officers and bodies of the state and all municipalities and political subdivisions, all insurance companies and associations and other persons carrying on an insurance business, all banks, bankers, trust companies, savings banks […]
§ 1299-o. Exemption from taxation. It is hereby found, determined and declared that the creation of the authority and the carrying out of its purposes is in all respects for the benefit of the people of the state of New York and for the improvement of their health, welfare and prosperity and is a public […]
§ 1299-p. Actions against the authority. 1. As a condition to the consent of the state to such suits against the authority, 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 […]
§ 1299-q. Station operation and maintenance. The operation, maintenance and use of passenger stations shall be public purposes of the counties of Erie and Niagara. The total cost to the authority and each of its subsidiary corporations of operation, maintenance and use of each passenger station within the district serviced by one or more railroad […]