N.Y. Public Authorities Law § 2611: Powers of the authority

§ 2611. Powers of the authority. Except as otherwise may be limited by

this title, the authority shall have power:

1. To sue and be sued;

2. To have a seal and alter the same at pleasure;

3. To acquire, lease, hold and dispose of real and personal property

or any interest therein for its corporate purposes;

4. To make and alter by-laws for its organization and internal

management, and rules and regulations governing the exercise of its

powers and the fulfillment of its purposes under this title. Such rules

and regulations must be filed with the secretary of state and the town

clerk of North Elba and the town clerks of the towns of Johnsburg,

Shandaken and Middletown;

5. To enter into contracts for employment of such officers and

employees as it may require for the performance of its duties, and to

fix and determine their qualifications, duties and compensation and to

retain or employ such personnel as may be required for its corporate

purposes and private consultants on a contract basis or otherwise for

rendering professional or technical services and advice;

6. To schedule and book events at participating olympic facilities,

and the facilities of Belleayre Mountain ski center and other properties

owned or controlled by the authority with public and private

individuals, organizations, groups and other entities desiring to use

such facilities for conducting events and activities appropriate to the

purposes of the authority;

7. To enter into contracts, leases and subleases and to execute all

instruments necessary or convenient for the conduct of authority

business, including agreements with the park district and any state

agency which administers, owns or supervises any olympic facility or

Belleayre Mountain ski center, as provided in sections twenty-six

hundred twelve and twenty-six hundred fourteen of this title. This shall

include the power to enter into contracts or other agreements to join

reciprocal ski pass programs with other ski areas, where the members of

such reciprocal pass program are required to defend and/or indemnify one

or more other members of such program for claims or causes of action

arising out of, or relating to, such contract or agreement. This power

shall be limited by the amount of the authority's discretionary funds,

any lawful appropriation, or other funding, up to a limit of two hundred

fifty thousand dollars per such claim or cause of action;

8. To undertake or cause to be undertaken plans, surveys, analyses and

studies necessary, convenient or desirable for the effectuation of the

purposes and powers of the authority and to prepare recommendations in

regard thereto;

9. To enter into contracts to operate, maintain and manage olympic

facilities and the Belleayre Mountain ski center;

10. To fix and collect fees, rents and other charges for the use of

olympic facilities and to authorize any other person on its behalf to

collect same;

11. To conduct or contract for the conduct of all necessary or

convenient services relevant to the publicizing, advertising, marketing

and promoting of participating olympic facilities and events scheduled

at such facilities, including, without limitation, the sale of media

rights;

12. To operate, or contract for the operation of, concession services

at any participating olympic facility or the Belleayre Mountain ski

center;

13. To contract for and to accept any gifts or grants, subsidies, or

loans of funds or property or financial or other aid in any form from

the federal or state government or any agency or instrumentality

thereof, or from any other source, public or private, and to comply,

subject to the provisions of this title, with the terms and conditions

thereof; provided however, the authority shall not contract for the

payment of debt evidenced by bonds or notes or other evidence of

indebtedness issued by any public corporation for capital improvements

either directly or through a lease purchase agreement with any public

corporation without the prior approval of the public authorities control

board;

14. To develop and construct, or participate in the development and

construction of, a facility or facilities, whether or not to be owned by

the authority, and to operate, maintain and manage any such facilities,

for the training and housing of amateur athletes in connection with the

United States olympic training center program and the authority's

conduct of national and international sports events;

15. To procure insurance against any loss or liability in connection

with the use, management, maintenance and operation of the participating

olympic facilities and/or Belleayre Mountain ski center, in such amounts

and from such insurers, subject to public bidding as it deems desirable;

and

16. To do all things necessary, convenient or desirable to carry out

its purposes and for the exercise of the powers granted in this title.