New York Public Authorities Law Title 13-C - TOWN OF ISLIP RESOURCE RECOVERY AGENCY

• 2046-a - Short Title.
  This title may be cited as the "Islip resource recovery agency act".
• 2046-b - Definitions.
  As used or referred to in this title, unless a different meaning clearly appears from the context: 1. "Agency" shall mean the public benefit corporation...
• 2046-c - The Islip Resource Recovery Agency.
  1. A corporation known as the "Islip resource recovery agency" is hereby created for the purposes and charged with the duties and having the powers...
• 2046-d - State and Town Not Liable on Bonds or Notes.
  Neither the state, the town nor any other municipality or other public corporation shall be liable on the bonds and notes of the agency and...
• 2046-e - Transfer of Property.
  The town is authorized and empowered to give, grant, sell, convey, loan, license the use of or lease, to the agency, any property or facility...
• 2046-f - Powers.
  The agency shall have the power: 1. To sue and be sued; 2. To have a seal and alter the same at pleasure; 3. To...
• 2046-g - Bonds and Notes.
  1. The agency shall have the power and is hereby authorized from time to time to issue bonds and notes, in conformity with applicable provisions...
• 2046-h - Remedies of Bondholders and Noteholders.
  Subject to resolutions adopted pursuant to paragraph (j) of subdivision three of section two thousand forty-six-g of this title: 1. In the event that the...
• 2046-i - Actions Against Agency.
  1. In every action against the agency for damages, for injuries to real or personal property or for the destruction thereof, or for personal injuries...
• 2046-j - Moneys of the Agency.
  All moneys of the agency from whatever source derived shall be paid to the treasurer of the agency and shall be deposited forthwith in a...
• 2046-k - Transfer of Officers and Employees.
  Any officer or employee of the town selected by the agency may, with the consent of the town, be transferred to the agency. The salary...
• 2046-l - Agreements of the State.
  The state does pledge to and agree with the holders of the bonds or notes that the state will not limit or alter the rights...
• 2046-m - Bonds and Notes As Legal Investments.
  The bonds and notes are hereby made securities in which all public officers and bodies of this state and all municipalities, all insurance companies and...
• 2046-n - Tax Exemption.
  1. It is hereby determined that the creation of the agency and the carrying out of its corporate purposes is in all respects for the...
• 2046-o - Tax Contract.
  The state covenants with the purchasers and with all subsequent holders and transferees of bonds or notes issued by the agency pursuant to this title,...
• 2046-p - Disinterested Officers.
  It shall be a misdemeanor for any director, officer, agent or employee of the agency to be in any way or manner interested, directly or...
• 2046-q - Audit and Annual Report.
  In conformity with the provisions of section five of article ten of the constitution, the accounts of the agency shall be subject to the supervision...
• 2046-r - Limited Liability.
  Neither the directors of the agency, nor the town or any other municipality, nor any person, or persons acting in behalf of the agency, while...
• 2046-s - Contracts.
  All contracts or orders, for work, material or supplies performed or furnished in connection with construction, shall be awarded by the agency pursuant to resolution...
• 2046-t - Agreements With the Town.
  1. The town is hereby authorized to pledge to and agree with the holders of the bonds and notes that: (a) The town will not...
• 2046-u - Title Not Affected If in Part Unconstitutional or Ineffective.
  If any provision of any section of this title or the application thereof to any person or circumstance shall be adjudged invalid by a court...

Last modified: February 3, 2019