2006 New York Code - Purpose And Powers Of The Authority.

 
    §  1599-dd.  Purpose  and  powers of the authority. The purpose of the
  authority shall be to  construct,  operate  and  maintain  one  or  more
  projects  in the village. To carry out said purpose, the authority shall
  have power:
    (a) To sue and be sued;
    (b) To have a seal and alter the same at pleasure;
    (c) To  acquire,  hold  and  dispose  of  personal  property  for  its
  corporate  purposes,  including  the  power  to  purchase prospective or
  tentative awards in connection with the condemnation of real property;
    (d) To acquire by purchase, grant, lease,  gift,  or  condemnation  or
  otherwise,  and  use  real  property  necessary  or  convenient  for its
  corporate  purposes  and  to  sell,  convey,  mortgage,  lease,  pledge,
  exchange,  or  otherwise  dispose of such property in such manner as the
  authority may determine; provided that the location of the site  of  any
  project  shall be subject to the prior approval of the village of Spring
  Valley board of trustees and planning board. The scope  of  construction
  shall  be subject to approval of the village board of trustees. All real
  property acquired by the authority by condemnation shall be acquired  in
  the manner provided in the condemnation law or in the manner provided by
  law for the condemnation of land by the village;
    (e)  To make by-laws for the management and regulation of its affairs,
  and, subject to agreements with bondholders, for the regulation  of  the
  project;
    (f)  With  the  consent  of  the  village to use agents, employees and
  facilities of the village, paying to the village its  agreed  proportion
  of the compensation or costs;
    (g)  To  appoint  officers,  agents  and employees, to prescribe their
  qualifications and to fix their compensation; subject, however,  to  the
  provisions of the civil service law, as hereinafter provided;
    (h)  To  appoint  an attorney, who may be the village attorney, and to
  fix his compensation;
    (i) To make contracts and  leases,  and  to  execute  all  instruments
  necessary or convenient;
    (j) To construct, to develop, maintain and operate the projects and to
  contract  in  relation  thereto with the village and with other persons,
  and to sell, lease or otherwise dispose of any project or  part  thereof
  to  any person, provided that such person shall undertake to operate and
  maintain any project or part thereof  subject  to  such  conditions  and
  limitations  as the authority may determine to be in the public interest
  and consistent with its public purpose;
    (k) To reconstruct, improve, maintain and operate the projects;
    (l) To accept grants, loans or contributions from the  United  States,
  the  state  of  New  York, or any agency or instrumentality of either of
  them, or the village, or an individual, by bequest or otherwise, and  to
  expend the proceeds for any purposes of the authority;
    (m)  To fix and collect rentals, fees and other charges for the use of
  the projects or any of them subject  to  and  in  accordance  with  such
  agreements with bondholders as may be made as hereinafter provided;
    (n)  To  construct, operate or maintain in the projects all facilities
  necessary or convenient in connection therewith; and to contract for the
  construction, operation or maintenance  of  any  parts  thereof  or  for
  services  to be performed; to rent parts thereof, and grant concessions,
  all on such terms and conditions as it may determine.