§ 1196-a. Policy and purposes. It is hereby declared to be the policy of this state to enable local governments to provide expeditiously, efficiently and effectively, safe and adequate supplies of water and sewerage service for domestic and industrial use, both of which are essential to the public health and to the social and economic […]
§ 1196-b. Definitions. As used or referred to in this title, unless a different meaning clearly appears from the context: 1. “Authority” shall mean a water authority or sewerage authority or water and sewerage authority organized pursuant to the provisions of this title. 2. “Bonds” shall mean bonds, notes or other evidences of indebtedness issued […]
§ 1196-c. Organization of authorities. 1. When an authority has been established by special act of the legislature for the benefit of a single sponsoring municipality, upon such establishment the governing body of such municipality shall file within one year after the effective date of such special act, in the office of the secretary of […]
§ 1196-d. General powers of an authority. Except as otherwise limited by this title, an 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 or non-negotiable notes, bonds, or other obligations and to provide for the […]
§ 1196-e. Transfer of officers and employees. Any public officer or employee under civil service, selected by an 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 […]
§ 1196-f. Bonds and notes of an authority. 1. An authority shall have the power and is hereby authorized from time to time to issue bonds, in conformity with applicable provisions of the uniform commercial code, in such principal amounts as it may determine to be necessary to pay the cost of any water project […]
§ 1196-g. 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 […]
§ 1196-h. State and municipalities not liable on authority bonds. Neither the state nor any municipality shall be liable on the bonds of an authority and such bonds shall not be a debt of the state or of any municipality.
§ 1196-i. Moneys of an authority. All moneys of an authority from whatever source derived shall be paid to the treasurer of an authority and shall be deposited forthwith in a bank or banks in the state designated by the authority. The moneys in such accounts shall be paid out on checks of the treasurer […]
§ 1196-j. Bonds legal investment for fiduciaries. The bonds of an authority are hereby made securities in which all public officials and bodies of the state and all municipalities, 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 […]
§ 1196-k. Agreement with the state. The state does hereby pledge to and agree with the holders of any bonds issued by an authority pursuant to this title that the state will not alter or limit the rights hereby vested in the authority to fulfill the terms of any agreement made with or for the […]
§ 1196-l. Exemption from taxes, assessments and certain fees; payments in lieu of taxes. 1. It is hereby determined that the creation of an authority and the carrying out of its corporate purposes is in all respects for the benefit of the people of the state and is a public purpose, and an authority shall […]
§ 1196-m. Actions against an authority. 1. Except in an action for wrongful death, no action or proceeding shall be prosecuted or maintained against an authority for personal injury or damage to real or personal property alleged to have been sustained by reason of the negligence or wrongful act of the authority or any member, […]
§ 1196-n. Interest in contracts prohibited. It shall be a misdemeanor for any member or any officer, agent, servant or employee of an authority to be in any way or manner interested, directly or indirectly, in the furnishing of work, materials, supplies or labor, or in any contract therefor which the authority is empowered by […]
§ 1196-o. Equal employment opportunity. Authorities shall ensure that, where possible, all employees or applicants for employment are afforded equal employment opportunity without discrimination.
§ 1196-p. Construction and purchase contracts. An authority shall let contracts for construction or purchase of supplies, materials, or equipment pursuant to section one hundred three of the general municipal law. Nothing in this section shall be construed to limit the power of an authority to do any construction directly by the officers, agents and […]
§ 1196-q. Separability clause. If any section, clause or provision in this title shall be held by a competent court to be unconstitutional or 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 shall on […]
§ 1196-r. Effect of inconsistent provisions. Insofar as the provisions of this title are inconsistent with the provisions of any other law, general, special or local or of any charter or any local ordinance or resolution of any municipality, the provisions of this title shall be controlling, provided that nothing contained in this section shall […]
