§ 2560. Definitions. The following terms, whenever used or referred to in this title, unless the context indicates otherwise, shall have the following meanings: 1. “Corporation.” The New York convention center operating corporation. 2. “Convention center.” The convention and exhibition center referred to in paragraph (l) of subdivision nine of section five hundred fifty-three of […]
§ 2561. Legislative findings and declarations. It is hereby found and declared that existing facilities in the city for conventions, trade exhibitions and public shows including services for the operation and maintenance thereof are inadequate; that construction and operation of a convention center to adequately accommodate these activities would generate new business and employment opportunities, […]
§ 2562. Creation of the corporation. 1. To effectuate the purposes and provisions of this title, there is hereby created the “New York convention center operating corporation”, which shall be a body corporate and politic constituting a public benefit corporation. The corporation’s board of directors shall consist of twenty-one persons to be appointed with the […]
§ 2563. General powers of the corporation. In the exercise of the powers conferred and the performance of the duties imposed upon it by section twenty-five hundred sixty-four of this title, and subject to the limitations contained in other sections of this title, the corporation shall have the following general powers: 1. To sue and […]
§ 2564. Special powers and duties of the corporation. The corporation shall have the power and duty: 1. To maintain and operate the convention center including the expansion project; to rent parts thereof, and grant concessions, all on such terms and conditions as it may determine are fair and reasonable, subject, in the case of […]
§ 2565. Cooperation by the state. For the purposes of assisting the corporation in effectuating the purposes and provisions of this title, with respect to the convention center, the state may, with or without consideration: 1. Acting by and through the commissioner of general services, dedicate, sell, convey, lease, grant or otherwise transfer any right, […]
§ 2566. Appropriations. 1. To assure the continued operation and solvency of the corporation for the carrying out of the public purposes of this act, there may be, notwithstanding any provision of law to the contrary, annually apportioned and paid to the corporation such sum, if any, as shall be appropriated in the first instance […]
§ 2567. State not liable on obligations. The obligations of the corporation shall not be debts of the state, and the state shall not be liable thereon, and such obligations shall not be payable out of any funds other than those of the corporation.
§ 2568. Exemption from taxation. It is hereby found, determined and declared that the creation of the corporation and the carrying out of its purposes is in all respects for the benefit of the people of the state and is a public purpose, and that the corporation will be performing an essential governmental function in […]
§ 2569. Moneys of the corporation. All moneys of the corporation, from whatever source derived, shall be paid to the commissioner of taxation and finance as agent of the corporation, who shall not commingle such moneys with any other moneys. Such moneys shall be deposited in a separate bank account to be known as the […]
§ 2570. Actions. A notice of claim, served in accordance with the provisions of section fifty-e of the general municipal law, shall be a condition precedent to the commencement of an action against the corporation, its directors, officers, employees or agents. No such action shall be commenced more than one year and ninety days after […]
§ 2571. Limitation of liability; indemnification. 1. The directors and officers of the corporation, and any person acting in its behalf while acting within the scope of their authority, shall not be subject to any personal liability resulting from carrying out any of the powers given in this title. 2. The provisions of section seventeen […]
§ 2572. Separability. If any section, clause or provision of this title or the application thereof shall be adjudged invalid, such judgment shall not affect or invalidate any other section, clause or provision of this title.
