New York Public Authorities Law Title 3-A - CITY OF ROME PARKING AUTHORITY

• 1470 - Short Title.
  * This title may be cited as the "City of Rome parking authority act". * NB City of Rome Parking Authority ceased to exist 12/31/2000...
• 1470-a - 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...
• 1470-b - City of Rome Parking Authority.
  * A board to be known as "City of Rome parking authority" is hereby created. Such board shall be a body corporate and politic constituting...
• 1470-c - 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,...
• 1470-d - 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...
• 1470-e - 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,...
• 1470-f - 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...
• 1470-g - Moneys of the Authority.
  * All moneys of the authority shall be paid to the treasurer of the city as agent of the authority, who shall not commingle such...
• 1470-h - Bonds of the Authority.
  * 1. The authority shall have the power and is hereby authorized from time to time to issue its negotiable bonds for any purpose mentioned...
• 1470-i - Notes of the Authority.
  * The authority shall have power from time to time to issue notes and from time to time to issue renewal notes (herein referred to...
• 1470-j - 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...
• 1470-k - 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...
• 1470-l - 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...
• 1470-m - Tax Exemptions.
  * 1. It is hereby determined that the creation of the authority and the carrying out of its corporate purposes is in all respects for...
• 1470-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...
• 1470-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...
• 1470-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...
• 1470-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...
• 1470-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...
• 1470-s - Inconsistent Provisions in Other Acts Superseded.
  * Insofar as the provisions of this title are inconsistent with the provisions of any other act, general or special, or of any local law...

Last modified: February 3, 2019