New York Public Authorities Law Title 28-BB - ALBANY CONVENTION CENTER AUTHORITY

• 2675-a - Short Title.
  This title shall be known and may be cited as the "Albany convention center authority act".
• 2675-b - Statement of Legislative Findings.
  It is hereby found, determined and declared that there is an immediate need to institute a comprehensive, coordinated program of convention activities in the city...
• 2675-c - Definitions.
  As used or referred to in this title, unless a different meaning appears from the context: 1. "Authority" shall mean the public benefit corporation created...
• 2675-d - Albany Convention Center Authority.
  1. A corporation known as the Albany convention center authority is hereby created for the public purpose and charged with the duties and having the...
• 2675-e - General Purposes and Powers of the Authority.
  The general purposes of the authority shall be to design, develop, plan, finance, create, site, construct, renovate, administer, operate, manage, and maintain the convention facility...
• 2675-f - Preliminary Study of the Authority.
  Prior to commencing any purchase, lease or transfer of any real property, in whole or part, the authority shall formulate a plan for the creation...
• 2675-g - Public Hearings of the Authority.
  1. The authority shall hold public hearings prior to: (a) the adoption of the preliminary report pursuant to section twenty-six hundred seventy-five-f of this title;...
• 2675-h - Contracts.
  1. Construction contracts let by the authority shall be in conformity with the applicable provisions of section one hundred thirty-five of the state finance law....
• 2675-i - Monies of the Authorities.
  2675-i. Monies of the authority. 1. All monies of the authority from whatever source derived, except as otherwise authorized or provided in this title, shall...
• 2675-Ii - State Aid Revenues.
  1. With respect to each issue of outstanding hotel revenue bonds, the chairperson of the authority shall certify at least semi-annually, or in the case...
• 2675-j - Bonds of the Authorities.
  2675-j. Bonds of the authority. 1. The authority shall have the power and is hereby authorized from time to time to issue hotel revenue bonds....
• 2675-k - Agreements of the State.
  The state of New York does hereby pledge to and agree with the holders of the bonds that the state will not limit or impair...
• 2675-l - State, County 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, the county of Albany or the...
• 2675-m - Bonds; Legal Investment of Fiduciaries.
  2675-m. Bonds; legal investment for fiduciaries. The bonds are hereby made securities in which all public officers and bodies of this state and all municipalities...
• 2675-n - Tax Exemption and Tax Contract by the State.
  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...
• 2675-o - Remedies for Bond Holders.
  1. In the event that the authority shall default in the payment of principal or interest on any issue of bonds after the same shall...
• 2675-p - Actions Against Authority.
  1. Except in an action for wrongful death, no action for special proceeding shall be prosecuted or maintained against the authority, its members, officers or...
• 2675-q - Annual Reports.
  The accounts of the authority shall be subject to the supervision of the state comptroller and an annual audit shall be performed by an independent...
• 2675-r - Severability.
  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