1940 – Short Title.
§ 1940. Short title. This title shall be known and may be cited as the “Upper Mohawk Valley memorial auditorium authority act.”
§ 1940. Short title. This title shall be known and may be cited as the “Upper Mohawk Valley memorial auditorium authority act.”
§ 1941. Definitions. As used or referred to in this title, unless a different meaning clearly appears from the context: 1. “Auditorium” means the auditorium commonly known as the Utica memorial auditorium located in the city of Utica, as well as surrounding lands, including all structures appurtenant thereto, located in the vicinity of Oriskany street […]
§ 1942. Upper Mohawk Valley memorial auditorium authority. 1. A public corporation, to be known as the “Upper Mohawk Valley memorial auditorium authority” is hereby created for the public purposes and charged with the duties and having the powers provided in this title. The authority shall be a body corporate and politic constituting a public […]
§ 1943. Powers of the authority. Except as otherwise limited by this title, the authority shall have the power: 1. To sue and be sued. 2. To have a seal and alter the same at pleasure. 3. To borrow money and issue bonds, notes or other obligations for its corporate purposes and to provide for […]
§ 1944. Appropriations for purposes of the authority; transfer of property to the authority; acquisition of property by municipality for authority; contracts with municipality. 1. In addition to any powers granted to it by law, any municipality may, from time to time, appropriate by resolution sums of money for purposes of the authority to defray […]
§ 1945. Bonds of the authority. 1. The authority shall have the power and is hereby authorized from time to time to issue bonds, notes or other obligations to pay the costs of the auditorium or for any other corporate purpose, including the establishment of reserves to secure the bonds, the payment of principal of, […]
§ 1946. Remedies of bondholders. Subject to any resolution or resolutions adopted pursuant to this title: 1. In the event that the authority shall default in the payment of principal or of interest on any issue of bonds after the same shall become due, whether at maturity or upon call for redemption, and such default […]
§ 1947. State or municipality not liable on authority bonds. Neither the state nor any municipality shall be liable on the bonds of the authority and such bonds shall not be a debt of either the state, or any municipality, and each such bond shall contain, on the face thereof, a statement to such effect.
§ 1948. Moneys of the authority. All moneys of the authority from whatever source derived shall be paid to the treasurer of the authority and shall be deposited forthwith in a bank or trust company in the state designated by the governing body. The moneys in such accounts shall be paid out on check of […]
§ 1949. Bonds legal investments for fiduciaries. The bonds of the 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 […]
§ 1949-a. Agreement with state. The state does hereby pledge to and agree with the holders of any bonds issued by the authority pursuant to this title and with those persons or public corporations who may enter into contracts with the authority pursuant to the provisions of this title that the state will not alter, […]
§ 1949-b. Tax exemption and tax contract by the state. 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 state of New York and is a public purpose. Accordingly, the authority shall be […]
§ 1949-c. Actions against the authority. 1. Except for wrongful death actions, no action or special proceeding shall be prosecuted or maintained against the 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 of any member, […]
§ 1949-d. Contracts. All contracts for construction shall be let by the authority in conformity with the applicable provisions of section one hundred thirty-five of the state finance law and shall be let in accordance with the provisions of state law pertaining to prevailing wages, labor standards and working hours. The authority may, in its […]
§ 1949-e. Code of ethics. 1. Definition. As used in this section the term “authority employee” shall mean any member, officer or employee of the authority. 2. Rule with respect to conflicts of interest. No authority employee should have any interest, financial or otherwise, direct or indirect, or engage in any business or transaction or […]
§ 1949-f. Equal employment opportunity. The authority shall ensure that all employees or applicants for employment are afforded equal employment opportunity without discrimination.
§ 1949-g. Transfer of officers and employees. 1. In accordance with the provisions of section seventy of the civil service law, any officer or employee of the city, may, at the request of the authority and with the consent of the mayor of the city, be transferred to the authority and shall be eligible for […]
§ 1949-h. Audit and 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 comptroller and an annual audit shall be performed by an independent certified accountant. The authority shall annually submit to the governor and […]
§ 1949-i. Limited liability. Neither the members of the governing body of the authority, nor any officer or employee acting in their behalf shall be subject to any personal liability resulting from the construction, maintenance or operation of any of the properties of the authority or from carrying out any of the powers expressly given […]
§ 1949-j. Separability. If any clause, sentence, paragraph, section, or part of this title shall be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair or invalidate the remainder thereof, but shall be confined in its operation to the clause, sentence, paragraph, section, or part thereof involved in […]