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New York · Through 2026-09-11

N.Y. Public Authorities Law § 903: General purpose and powers of authority

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Where this section sits in the code
  1. Public Authorities Law
  2. Article 4. Market Authorities
  3. Title 5. Long Island Market Authority

§ 903. General purpose and powers of authority. The purpose of the

authority shall be to acquire, construct, reconstruct, improve, equip,

operate and maintain adequate regional wholesale market facilities

within the service area for the buying and selling of agricultural

commodities and commercial fishing products and to conduct such other

business activities as reasonably incidental thereto and in furtherance

of the convenient, efficient, profitable and successful operation of

such regional wholesale market facilities.

To enable the authority to carry out such purposes, the authority

shall have power:

1. To sue and be sued;

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

3. To borrow money and issue bonds for any of its purposes or its

projects, or to refund the same, and to provide for the rights of the

holders thereof;

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

subject to agreements with its bondholders, to make and alter rules and

regulations governing the exercise of its powers and the fulfillment of

its purposes under this title;

5. To acquire by purchase, grant, lease, gift, or otherwise and to

hold and use property necessary, convenient or desirable to carry out

its corporate purposes, and to sell, convey, mortgage, lease, pledge,

exchange or otherwise dispose of any such property in such manner as the

authority shall determine consistent with and subject to local zoning

ordinances and laws;

6. To condemn real property within Suffolk county which shall be

necessary for its corporate purposes, in the manner provided in the

eminent domain procedure law, consistent with and subject to local

zoning ordinances and laws, provided, further, that the approval of the

county executive must be granted before such power is exercised;

7. To acquire, construct, lease, expand, improve, maintain, equip,

furnish, operate one or more projects consistent with and subject to the

local zoning ordinances and laws, and, if necessary, to pay or finance

the cost thereof;

8. To accept gifts, grants, loans or contributions of funds or

property or financial or other aid in any form from, and enter into

contracts or other transactions with, the federal government, the state

or any public corporation or any other source, and to use any such

gifts, grants, loans or contributions for any of its corporate purposes;

9. To grant options to renew any lease with respect to any project or

projects and to grant options to buy any project at such price as the

authority may deem desirable;

10. To designate the depositories of its money;

11. To establish its fiscal year;

12. To enter into contracts and to execute all instruments necessary

or convenient or desirable for the purposes of the authority to carry

out any powers expressly given to it in this title;

13. To appoint such officers, employees and agents as the authority

may require for the performance of its duties and to fix and determine

their qualifications, duties, and compensation subject to the provisions

of the civil service law and any applicable collective bargaining

agreement, and to retain or employ counsel, auditors, engineers and

private consultants on a contract basis or otherwise for rendering

professional, management or technical services and advice;

14. To use employees, agents, consultants and facilities of the

county, paying the county its agreed proportion of the compensation or

costs pursuant to an agreement with the county;

15. To make and adopt plans, surveys and studies necessary, convenient

or desirable to the effectuation of the purposes and powers of the

authority and to prepare recommendations in regard thereto;

16. Except as limited by state law or regulation, to fix and collect

rates, rentals, fees and other charges for the services rendered by or

for use of the facilities or in the exercise of the powers of the

authority;

17. To enter upon such lands or premises as in the judgement of the

authority may be necessary, convenient or desirable for the purpose of

making surveys, soundings, borings and examinations to accomplish any

purpose authorized by this title, the authority being liable for actual

damage done;

18. To insure or otherwise to provide for the insurance of the

authority's property or operations;

19. For the purposes of article fifteen-A of the executive law only,

the authority shall be deemed a state agency as that term is used in

such article, and its contracts for procurement, design, construction,

services and materials shall be deemed state contracts within the

meaning of that term as set forth in such article; and

20. To do all things necessary, convenient or desirable, including

ancillary and incidental activities, to carry out its purposes and for

the exercise of the powers granted in this title.

Collected 2026-09-14T19:32:45Z. Source file · JSON

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