New York Public Authorities Law Title 7 - TUCKAHOE PARKING AUTHORITY

• 1545 - Short Title.
  * This title may be cited as the "Tuckahoe parking authority act." * NB Dissolved December 1977
• 1546 - 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...
• 1547 - Tuckahoe Parking Authority.
  * A board to be known as "Tuckahoe parking authority" is hereby created. Such board shall be a body corporate, constituting a public benefit corporation,...
• 1548 - 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,...
• 1549 - Civil Service Status of Officers and Employees.
  * Officers and employees of any board, commission or department of the village may be transferred to the authority in accordance with the provisions of...
• 1550 - Conveyance of Property by the Village to the Authority; Acquisition of Property by the Village or by the Authority.
  * 1. The village may, by resolution or resolutions of the board of trustees or by instruments authorized by such resolutions, convey, with or without...
• 1551 - 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...
• 1552 - Moneys of the Authority.
  * All moneys of the authority shall be paid to the treasurer of the village as agent of the authority, who shall not commingle such...
• 1553 - 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...
• 1554 - 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...
• 1555 - Agreements of the Village.
  * 1. The village of Tuckahoe is authorized to pledge to and agree with the holders of the bonds that the village will not limit...
• 1556 - State and Village 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 village, and...
• 1557 - Bonds Legal Investments for Public Officers.
  * The bonds are hereby made securities in which all public officers and bodies of this state and all municipalities and municipal subdivisions, all insurance...
• 1558 - 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...
• 1559 - Tax Contract by the State.
  * The state of New York covenants with the purchasers and with all subsequent holders and transferees of bonds or notes issued by the authority...
• 1560 - 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...
• 1561 - 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...
• 1562 - Termination of the Authority.
  * Whenever all of the bonds issued by the authority shall have been redeemed or cancelled, the authority shall cease to exist and all rights,...
• 1563 - 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...
• 1564 - 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...

Last modified: February 3, 2019