§ 59. Disposal of records. 1. Notwithstanding the provisions of any general, special or local law, any municipal housing authority or officer or employee thereof is hereby empowered to destroy, sell or otherwise dispose of any book, paper, map, photograph, microphotograph or other record regardless of its physical form or characteristic, which has been made, acquired, or received or is now in its custody and which the authority determines no longer has sufficient administrative, legal, fiscal, research or historical value to warrant its continued retention and preservation, provided the authority authorizes such destruction, sale, or other disposition. 2. The provisions of this section shall not apply to the following records of municipal housing authorities unless copies for retention are reproduced as provided in section sixty of this chapter:

(a) The official copy of the minutes of any municipal housing authority including appendices and attachments thereto.

(b) The official copy of any annual report of any municipal housing authority to the commissioner.

(c) Records which have not been retained for such period of time as may be required:

(1) by the federal government or any of its agencies;

(2) by rules and regulations of the state comptroller;

(3) by rules and regulations of the commissioner.