* § 153-b. Further additional powers of the authority. The authority
shall have the power, in addition to the powers granted in other
sections of this title:

1. To construct an extension of Meadowbrook state parkway from the
Southern state parkway to the Northern state parkway with incidental
roads, structures, facilities and bridges and to maintain, reconstruct
and operate such extension;

2. To reconstruct, widen and otherwise improve and thereafter
maintain, reconstruct and operate (a) Southern state parkway, together
with incidental parkway facilities now existing or hereafter
constructed, on and along said parkway, from and including a connection
with the Belt parkway to Wantagh avenue and to acquire real property and
rights therein for future widening of Southern state parkway between
Wantagh avenue and the easterly boundary of Nassau county, (b)
Meadowbrook state parkway from Merrick road to the Southern state
parkway, and (c) Wantagh state parkway from Merrick road to the Southern
state parkway;

3. To construct, reconstruct, improve and thereafter maintain and
operate facilities such as gasoline, comfort, repair and storage
stations and other similar facilities along the route of the extension
of Meadowbrook state parkway referred to in paragraph one of this
section and the parts of the parkways referred to in paragraph two of
this section, to contract for such construction, and to lease the right
to construct and use such facilities on such terms and for such
consideration as it shall determine, provided, however, that no lease be
made for a period of more than ten years from the date when it is made;

4. To construct and maintain over, under, along or across the
extension of Meadowbrook state parkway referred to in paragraph one of
this section and the parts of the parkways referred to in paragraph two
of this section, telephone, telegraph or electric wires and cables, gas
mains, water mains, and other mechanical equipment not inconsistent with
park or parkway purposes; to contract for such construction and to lease
the right to construct and/or use the same on such terms and for such
consideration as it shall determine, provided, however, that no lease
shall be made for a period of more than ten years from the date when it
is made. The authority shall also have power to grant, with respect to
any real property under its jurisdiction, on such terms and conditions
and under such regulations and restrictions as the authority shall deem
just and proper, licenses or easements to any governmental agency of the
state of New York or to any municipal corporation, public district or
governmental agency thereof, or to the United States of America or any
governmental agency thereof for any public purposes and in addition
thereto may grant licenses or easements to individuals, partnerships and
corporations for drainage facilities, sewers, water and gas mains,
electric and telephone conduits, and railroad facilities. The authority
shall also have power to sell, exchange or otherwise dispose of any real
property or interest therein acquired at the cost and expense of the
authority pursuant to the exercise of the powers granted by section one
hundred fifty-eight-b of this title which is not necessary for its
corporate purposes or whenever the board shall determine that it is in
the interest of the authority to do so. The proceeds of any such sale
shall be paid to the authority and applied to its corporate purpose.

5. To charge tolls for the use of the part of Southern state parkway
improved by the authority subject to and in accordance with any
agreements with bondholders made as hereinafter provided. The toll shall
be ten cents unless the revenues from such tolls and the income from the
facilities authorized by the foregoing provisions of this section are
insufficient to meet all obligations of such agreements and to pay the
costs of operating and maintaining the parkways and facilities operated
and maintained by the authority pursuant to the foregoing provisions of
this section. The revenue from such tolls and the income from such
facilities shall be used only to meet such obligations and to pay the
cost of constructing, reconstructing, operating and maintaining such
parkways and facilities;

6. To pledge the tolls from the Southern state parkway and any other
revenues from the parkways operated and maintained by the authority
pursuant to this section;

7. From time to time to issue bonds in the aggregate principal amount
of forty million dollars for any or all of the following purposes and
purposes incidental thereto: (a) purposes authorized by section one
hundred fifty-three-b; (b) reconstructing, widening and otherwise
improving Meadowbrook parkway from Merrick road to Jones Beach state
park, Wantagh parkway from Merrick road to Jones Beach state park and
Loop parkway; (c) constructing additional parking facilities on Jones
Beach at a total cost of not exceeding one million two hundred fifty
thousand dollars; and (d) the payment of all costs and expenses
incidental to the issuance of such bonds, including interest during
construction. Such bonds shall mature not later than forty years from
January first, nineteen hundred fifty-four, and the authority shall not
have power to refund the issuance of such bonds. The authority shall
have power to employ financial advisors in connection with the issuance
of such bonds. No revenues or moneys of the authority, other than the
tolls and other revenues from the Southern state parkway and the
proceeds from the sale of the bonds, shall be pledged for or shall be
applicable to the payment of such bonds. All the provisions of this
title relating to bonds which are not inconsistent with the provisions
of this section, shall apply to the bonds authorized by this section
except section one hundred fifty-eight and subdivisions two and three of
section one hundred fifty-eight-a. The authority also shall have power
from time to time in anticipation of the issuance of bonds pursuant to
this section to borrow money on bank loans and to evidence such loans by
notes or otherwise. Such loans and notes shall be subject to the same
provisions of this title as relates to bonds issued pursuant to this
section;

8. Bonds issued pursuant to this section shall be sold at public sale,
upon sealed bids publicly opened and read, to the bidder who shall offer
the lowest interest cost to the authority, or if the authority shall so
determine, at the highest price. The notice of sale shall be published
at least once, not less than seven nor more than thirty days before the
date of sale, in a financial newspaper published and circulated in the
city of New York. Such notice shall contain a statement of the time and
place where all bids received in pursuance of such notice will be
publicly opened and read. Such bonds shall be sold for a price not less
than ninety-eight per centum of the par value thereof, plus accrued
interest. The provisions of this subdivision shall not apply to notes of
the authority issued pursuant to subdivision seven of this section;

9. Notwithstanding and in addition to any provisions for the
redemption of bonds issued pursuant to this section which may be
contained in any contract with the holders of such bonds, the state of
New York may, upon furnishing sufficient funds therefor, require the
authority to redeem, prior to maturity, as a whole, any issue of such
bonds on any interest payment date not less than five years after the
date of the bonds of such issue at one hundred five per centum of their
face value and accrued interest or at such lower redemption price as may
be provided in the bonds in case of the redemption thereof as a whole on
the redemption date. Notice of such redemption shall be published at
least twice in at least two newspapers published and circulated
respectively in the county of Nassau and city of New York, the first
publication to be at least thirty days before the date of redemption;

10. The authority shall have the right to possess and use for its
corporate purposes the extension of Meadowbrook state parkway referred
to in paragraph one of this section and the parts of the parkways
referred to in paragraph two of this section, together with necessary
facilities now existing or hereafter constructed on or along said
parkways. Policing of the parkways and other facilities of the authority
shall continue to be the responsibility of the force of park patrolmen
under the direction of the commission. Such possession and use by the
authority shall continue until its liabilities for such parkways and
facilities have been met and the bonds authorized by this section have
been paid in full or such liabilities having otherwise been discharged.
Thereafter such parkways and facilities shall pass to the state and
become subject to the jurisdiction of the commission;

11. All contracts involving payments of more than five thousand
dollars, except for professional or financial advisory services or in
connection with the issuance of bonds or notes, shall be let to the
lowest responsible bidder by sealed proposals publicly opened after
public notice published at least once in the official newspapers of
Nassau county, at least ten days prior to the day on which sealed
proposals are to be opened; provided, however, the authority may reject
any and all proposals and may advertise for new proposals as above
provided if in its opinion the best interests of the authority will
thereby be promoted.

* NB (Authority abolished June 30, 1978)