§ 458-a. Mount Kisco housing authority. 1. A municipal housing
authority, to be known as the Mount Kisco housing authority is hereby
recreated, re-established and continued from February twenty-second,
nineteen hundred fifty-nine for the village of Mount Kisco in the county
of Westchester for the accomplishment of any or all of the purposes
specified in article eighteen of the constitution of the state of New
York and is hereby constituted and declared to be a body corporate and
politic, consisting of five members, with all the powers, rights and
duties now or hereafter conferred by the public housing law upon
municipal housing authorities. It shall be subject to the provisions of
the public housing law, and the authority, its members, officers and
employees and its operations and activities shall in all respects be
governed by the provisions of the public housing law. Such authority
shall have perpetual duration; provided, however, that if at the
expiration of five years subsequent to April thirtieth, nineteen hundred
sixty-three, there shall be outstanding no bonds, notes or other
obligations of such authority theretofore issued for any of the purposes
authorized in the public housing law, then its corporate existence shall
thereupon terminate and such authority shall thereupon be deemed to be
and shall be dissolved.

2. Notwithstanding any general, special or local law, the village of
Mount Kisco, Westchester county, is hereby authorized and empowered to
transfer and convey to the Mount Kisco housing authority, and such
authority is hereby authorized and empowered to acquire all the right,
title, interest and assets, including contractual rights and
obligations, held by the village with respect to a public housing
project in said village, identified and numbered as NY-38-1, and for
that purpose such village and authority are hereby authorized and
empowered to make, execute and deliver any instrument and perform any
act necessary or convenient, and upon such transfer, conveyance and
delivery all the rights, duties, liabilities and responsibilities of the
village relative to such housing project, including any contract with
the federal public housing administration, shall be assumed by and
devolve upon the Mount Kisco housing authority.

3. All proceedings and acts of the Mount Kisco housing authority and
the village of Mount Kisco, Westchester county, and all contracts,
agreements, obligations and undertaking heretofore entered into by such
Mount Kisco housing authority or village relating to the public housing
project in the village identified and known as Public Housing
Administration Project number NY-38-1 are hereby legalized, validated,
ratified and confirmed in all respects, notwithstanding any defect or
irregularity therein or want of statutory authority.