1599-DD - 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.