PocketLaw | New York Laws | Auburn Industrial Development Authority

Auburn Industrial Development Authority

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Short Title.

Definitions.

Auburn Industrial Development Authority.

Video Recordings of Open Meetings and Public Hearings.

Purpose and Powers of the Authority.

Additional Prerequisites to the Provision of Financial Assistance.

Civil Service Status of Officers and Employees.

Conflicts of Interest.

Conveyance of Property by the City to the Authority and Conveyance and Leasing of Said Property by the Authority.

Compensation, Procurement and Investment.

Construction and Purchase Contracts.

Moneys of the Authority.

Uniform Tax Exemption Policy.

Bonds of the Authority.

Notes of the Authority.

Agreements of the City and State.

State and City Not Liable on Bonds.

Bonds as Legal Investments.

Tax Exemptions.

Special Provisions Applicable to State Sales and Compensating Use Taxes and Certain Types of Facilities.

Financial Records.

Tax Contract by the State.

Equal Opportunity.

Remedies of Bondholders.

Actions Against the Authority.

Limitation of Liability.

Termination of the Authority.

Title Not Affected if in Part Unconstitutional or Ineffective.

Inconsistent Provisions in Other Acts Superseded.