N.Y. Public Authorities Law § 3653: Administration of the authority

§ 3653. Administration of the authority. 1. The authority shall be

administered by seven directors appointed by the governor. Of the seven

directors, one each shall be appointed on the written recommendation of

the majority leader of the state senate, the speaker of the state

assembly and the state comptroller, respectively. Two of the members

appointed directly by the governor and the members appointed on the

recommendation of the majority leader of the state senate, the

recommendation of the speaker of the state assembly and the

recommendation of the state comptroller shall be residents of the county

of Nassau. Each director shall be appointed for a term of four years,

provided however, that two of the directors first appointed by the

governor shall serve for a term ending December thirty-first, two

thousand four, and the five other directors first appointed shall serve

for the following terms: the directors appointed on recommendation of

the majority leader of the state senate, the speaker of the state

assembly and the state comptroller shall serve for a term ending

December thirty-first, two thousand five and the two remaining directors

first appointed directly by the governor shall serve for a term ending

on December thirty-first, two thousand six. Each director shall hold

office until his or her successor has been appointed and qualified.

Thereafter each director shall serve a term of four years, except that

any director appointed to fill a vacancy shall serve only until the

expiration of his or her predecessor's term.

2. The governor shall designate a chairperson and a vice-chairperson

from among the directors. The chairperson shall preside over all

meetings of the directors and shall have such other duties as the

directors may prescribe. The vice-chairperson shall preside over all

meetings of the directors in the absence of the chairperson and shall

have such other duties as the directors may prescribe.

3. The directors of the authority shall serve without salary, but each

director shall be reimbursed for actual necessary expenses incurred in

the performance of such director's official duties as a director of the

authority.

4. Notwithstanding any inconsistent provision of any general, special

or local law, ordinance, resolution or charter, no officer, member or

employee of the state of New York, any city, county, town or village,

any governmental entity operating any public school or college, any

school district or any other public agency or instrumentality which

exercises governmental powers under the laws of the state, shall forfeit

his or her office or employment by reason of his or her acceptance of

appointment as a director, officer or employee of the authority, nor

shall service as such director, officer or employee of the authority be

deemed incompatible or in conflict with such office or employment.

5. Four directors shall constitute a quorum for the transaction of any

business or the exercise of any power of the authority. No action shall

be taken by the authority except pursuant to a favorable vote of at

least four directors participating in a meeting at which such action is

taken.

6. The authority shall appoint a treasurer and may appoint officers

and agents as it may require and prescribe their duties.

7. At least annually, commencing no more than one year after the date

on which authority bonds are first issued, the authority shall report to

the county executive, county legislature, the county comptroller, the

director of the budget, the speaker of the assembly, the temporary

president of the senate and the state comptroller on the costs financed

by the authority and the amount of such financing for each such cost

over the past year.