§ 573. Town of Southampton housing authority. A municipal housing
authority, to be known as the town of Southampton housing authority, is
hereby created and established for the town of Southampton in the county
of Suffolk 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, 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. Such authority shall have perpetual
duration, provided, however, that if at the expiration of ten years
subsequent to the time this section takes effect, there shall be
outstanding no bonds or other obligations of such authority theretofore
issued for any of the purposes authorized in this chapter, then its
corporate existence shall thereupon terminate and such authority shall
thereupon be deemed to be and shall be dissolved. For purposes of
article fifteen-A of the executive law only, the authority shall be
deemed to be a state agency as that term is used in such article, and
its contracts for design, construction services and materials shall be
deemed to be state contracts within the meaning of that term as set
forth in such article.