N.Y. Port of Albany 192/25 § 4: No title

§ 4. Such commission shall have power and authority over the survey,

development, control and operation of port facilities and such

facilities, operations or things as may be incidental or appurtenant

thereto, within such port district, and the co-ordination of the same

with existing or future agencies of transportation, with a view to the

increase and efficiency of all such facilities and the furtherance of

commerce and industries in the district; but nothing contained in this

section shall be held to prevent any railroad corporation from building

and developing its own facilities and road upon its own property in the

district at its own expense. All such construction by a railroad

corporation, however, shall conform to the general comprehensive plan of

the commission, for port development. It shall make a thorough

investigation of port conditions in the district and such other places

as it may deem proper and shall prepare a comprehensive plan for the

development of port facilities in such district. It shall be provided

with an office which shall be located by such commission within the port

district and it shall have power to equip the same with suitable

furniture and supplies for the performance of the work of the

commission. It shall (1) make an annual report of its proceedings and

deliver a copy of the same to the state superintendent of public works,

the state engineer and surveyor, the mayor, and the common council of

each municipality within the port district, the resident United States

army engineer, the chief of engineers of the United States army and the

secretary of commerce of the United States;

(2) submit to the governor, the chairman of the senate finance

committee, the chairman of the assembly ways and means committee and the

state comptroller, within ninety days after the end of its fiscal year a

complete and detailed report setting forth: (1) its operations,

accomplishments and plans; (2) its receipts and expenditures during such

fiscal year and its estimated receipts and expenditures for the current

fiscal year in accordance with the categories or classifications

established by the commission for its own operating and capital outlay

purposes; (3) its assets and liabilities at the end of its fiscal year

including the status of reserve, depreciation, special or other funds;

and (4) a schedule of its bonds and notes outstanding at the end of its

fiscal year, together with a statement of the amounts redeemed and

incurred during such fiscal year;

(3) submit to the governor, the chairman of the senate finance

committee, the chairman of the assembly ways and means committee and the

state comptroller within thirty days after receipt thereof by the

commission, a copy of the report of every external examination of its

books and accounts other than copies of the reports of such examinations

made by the state comptroller.