573 - Town of Southampton Housing Authority.

§  573.  Town  of  Southampton  housing authority. A municipal housing  authority, to be known as the town of Southampton housing authority,  is  hereby created and established for the town of Southampton in the county  of  Suffolk  for  the  accomplishment  of  any  or  all  of the purposes  specified in article eighteen of the constitution of the  state  of  New  York.  It  shall constitute a body corporate and politic, and consist of  five members. It shall have the  powers  and  duties  now  or  hereafter  conferred  by  this chapter upon municipal housing authorities. It shall  be organized in the manner prescribed by and subject to  the  provisions  of  this chapter, and the authority, its members, officers and employees  and its operations and activities shall in all respects be  governed  by  the  provisions  of  this  chapter.  Such authority shall have perpetual  duration, provided, however, that if at  the  expiration  of  ten  years  subsequent  to  the  time  this  section  takes  effect,  there shall be  outstanding no bonds or other obligations of such authority  theretofore  issued  for  any  of  the  purposes authorized in this chapter, then its  corporate existence shall thereupon terminate and such  authority  shall  thereupon  be  deemed  to  be  and  shall  be dissolved. For purposes of  article fifteen-A of the executive law  only,  the  authority  shall  be  deemed  to  be  a state agency as that term is used in such article, and  its contracts for design, construction services and materials  shall  be  deemed  to  be  state  contracts  within the meaning of that term as set  forth in such article.