* § 1599-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, the authority shall
have power:

1. To sue and be sued;

2. To have a seal and alter the same at pleasure;

3. To acquire, hold and dispose of personal property for its corporate
purposes, including the power to purchase prospective or tentative
awards in connection with the condemnation of real property;

4. To acquire in the name of the city by purchase or condemnation, and
use necessary real property. All real property acquired by the authority
by condemnation shall be acquired in the manner provided in the
condemnation law or in the manner provided by law for the condemnation
of land by the city;

5. To make by-laws for the management and regulation of its affairs,
and, subject to agreements with bondholders, for the regulation of the
project;

6. With the consent of the city to use agents, employees and
facilities of the city, paying to the city its agreed proportion of the
compensation or costs;

7. To appoint officers, agents and employees, to prescribe their
qualifications and to fix their compensation; subject, however, to the
provisions of the civil service law, as hereinafter provided;

8. To appoint an attorney, the Corporation Counsel and to fix his
compensation;

9. To make contracts and leases, and to execute all instruments
necessary or convenient;

10. To construct such buildings, structures and facilities as may be
necessary;

11. To reconstruct, improve, maintain and operate the projects;

12. To accept grants, loans or contributions from the United States,
the state of New York, or any agency or instrumentality of either of
them, or the city, or an individual, by bequest or otherwise, and to
expend the proceeds for any purposes of the authority;

13. To fix and collect rentals, fees and other charges for the use of
the projects or any of them subject to and in accordance with such
agreements with bondholders as may be made as hereinafter provided;

14. To construct, operate or maintain in the projects all facilities
necessary or convenient in connection therewith; and to contract for the
construction, operation or maintenance of any parts thereof or for
services to be performed; to rent parts thereof, including the air space
and air rights over such premises or portions thereof and and
sub-surface areas or portions thereof; provided further that the
location of sites of the projects shall be subject to the prior advice
of the planning commission of the city.

* NB Authority ceased to exist 07/01/1974

* NB There are 4 § 1599-c's