New York Public Authorities Law Title 11 - CITY OF YONKERS PARKING AUTHORITY

• 1596-a - Short Title.
  This title may be cited as the "City of Yonkers parking authority act".
• 1596-b - Definitions.
  As used or referred to in this title, unless a different meaning clearly appears from the context: 1. The term "authority" shall mean the corporation...
• 1596-c - City of Yonkers Parking Authority.
  A board to be known as "City of Yonkers parking authority" is hereby created. Such board shall be a body corporate and politic, constituting a...
• 1596-d - Purpose and Powers of the Authority.
  The purpose of the authority shall be to construct, operate and maintain one or more projects in the city. To carry out said purpose, the...
• 1596-e - Civil Service Status of Officers and Employees.
  Officers and employees of any board, commission or department of the city may be transferred to the authority in accordance with the provisions of the...
• 1596-f - Conveyance of Property by the City to the Authority; Acquisition of Property by the City or by the Authority.
  1. The city may, by resolution or resolutions of the common council or by instruments authorized by such resolutions, convey, with or without consideration, to...
• 1596-g - Construction Contracts.
  The authority shall let contracts for construction in the same manner, so far as practicable, as is provided by law for contracts of the city,...
• 1596-h - Moneys of the Authority.
  All moneys of the authority shall be paid to the comptroller of the city as agent of the authority, who shall not commingle such moneys...
• 1596-i - Bonds of the Authority.
  1. The authority shall have the power and is hereby authorized from time to time to issue its negotiable bonds in conformity with applicable provisions...
• 1596-j - Notes of the Authority.
  The authority shall have power from time to time to issue its negotiable notes in conformity with applicable provisions of the uniform commercial code and...
• 1596-k - Agreements of the State.
  1. The state of New York does pledge to and agree with the holders of the bonds that the state will not limit or alter...
• 1596-l - State and City Not Liable on Bonds.
  The bonds and other obligations of the authority shall not be a debt of the state of New York or of the city, and neither...
• 1596-m - Bonds Legal Investments for Public Officers and Fiduciaries.
  The bonds are hereby made securities in which all public officers, and bodies of this state and all municipalities and municipal subdivisions, all insurance companies...
• 1596-Mm - Exemptions From Taxation.
  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...
• 1596-n - Tax Contract by the State.
  The state of New York covenants with the purchasers and with all subsequent holders and transferees of bonds issued by the authority pursuant to this...
• 1596-o - Remedies of Bondholders.
  1. In the event that the authority shall default in the payment of principal of or interest on any issue of the bonds after the...
• 1596-p - Actions Against the Authority.
  1. In every action against the authority for damages, for injuries to real or personal property, or for the destruction thereof, or for personal injuries...
• 1596-q - Termination of the Authority.
  Whenever all of the bonds issued by the authority shall have been redeemed or canceled, and all its liabilities met or discharged, and the termination...
• 1596-r - Title Not Affected If in Part Unconstitutional or Ineffective.
  If any section, clause or provision of this title shall be unconstitutional or be ineffective in whole or in part, to the extent that it...
• 1596-s - Inconsistent Provisions in Other Acts Superseded.
  In so far as the provisions of this title are inconsistent with the provisions of any other act, general or special, or of any local...

Last modified: February 3, 2019