* § 1599-d. Purpose and powers of the authority. The purpose of the
authority shall be to provide, construct, operate and maintain, or any
combination thereof, one or more projects in the city. To carry out said
purpose, the authority shall have the 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 acquisition of real property by the
exercise of the power of eminant domain;

4. To acquire in the name of the authority by purchase, eminant domain
or gift, and use necessary real property. All real property acquired by
the authority by eminant domain shall be acquired in the manner provided
in the eminent domain procedure law or in the manner provided by law for
the acquisition of land through eminant domain by the city;

5. To determine its fiscal year, and 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 employees and such clerical,
engineering and other professional assistants and consultants as it may
deem necessary for the purposes of this title 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, and to fix his compensation;

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

10. To acquire, construct, reconstruct, improve, equip and furnish any
project as may be necessary and convenient;

11. To maintain and operate the projects;

12. To apply for and to accept gifts or grants or contributions or
loans of funds or property or financial or other aid in any form from
the United States, the state of New York, or any agency or
instrumentality thereof, or the city, or an individual, by bequest or
otherwise, or from any other source, and to expend the proceeds for any
purposes specified in this title, and to comply, subject to the
provisions of this title, with the terms and conditions thereof;

13. To fix and collect rentals, fees and other charges for the use of
the projects or any of them and to pledge the same, all 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, and grant concessions,
all on such terms and conditions as it may determine;

15. To do whatever may be necessary to give effect to the purposes of
this title, and in general to have and exercise all other powers
necessary or incidental to the purposes of this title.

* NB Authority ceased to exist 08/05/2002

* NB There are 4 § 1599-d's