§ 463. Rochester Housing Authority. 1. A municipal housing authority
to be known as the Rochester Housing Authority, is hereby created and
established for the city of Rochester in the county of Monroe for the
accomplishment of any or all of the purposes specified in article
eighteen of the constitution of the state of New York. It shall
constitute a body corporate and politic, be perpetual in duration and
consist of five members. It shall have the powers and duties now or
hereafter conferred by this chapter upon municipal housing authorities.
It shall be organized in the manner prescribed by and subject to the
provisions of this chapter, and the authority, its members, officers and
employees and its operations and activities shall in all respects be
governed by the provisions of this chapter.

2. Notwithstanding any general, special or local law or existing
contracts between the city of Rochester and the state of New York, the
city of Rochester is hereby authorized and empowered to sell, grant and
convey at private sale to the Rochester Housing Authority and such
housing authority is hereby authorized to acquire all of the real and
personal property, structures, fixtures, facilities and appurtenances of
or used in connection with the public housing project in the city of
Rochester, known as Hanover Houses and designated as no. NYS-53 together
with all other assets, including but not limited to, cash in banks,
securities and accounts receivable. Said transfer and conveyance shall
be subject to all existing contracts, leases, special agreements,
compensation awards and pending tort claims affecting the project.

3. Upon transfer, conveyance and delivery as provided in subdivision
two of this title, all the rights, duties, liabilities, and
responsibilities of the city of Rochester relative to NYS-53, including
the loan and subsidy contract with the state of New York, dated
September seventh, nineteen hundred forty-nine, as thereafter amended,
and as prescribed by this chapter shall succeed to, be assumed by and
shall devolve upon the Rochester Housing Authority, but nothing herein
shall be deemed to release the city of Rochester from any existing
liability under such loan and subsidy contract.

4. The commissioner of housing, the city of Rochester and the
Rochester Housing and Rehabilitation Authority are hereby authorized and
empowered to make and execute any and all contracts, deeds, conveyances,
transfers, assignments and other instruments and to perform any and all
acts necessary or convenient to carry out the purpose of the provisions
of this title.