N.Y. Public Authorities Law 1427 – White Plains parking authority
§ 1427. White Plains parking authority. 1. A board to be known as "White Plains parking authority" is hereby created. Such board shall be a body corporate and politic, constituting a public benefit corporation. It shall consist of a chairman and six other members, who shall be appointed by the mayor of the city. On or before the first day of July, nineteen hundred eighty, the mayor shall appoint four members, two for terms of office expiring on the thirtieth day of June, nineteen hundred eighty-two, and two for terms of office expiring on the thirtieth day of June, nineteen hundred eighty-three. The two members appointed for terms of office expiring on the thirtieth day of June, nineteen hundred eighty-two, shall be deemed to have been appointed to fill two existing vacancies in such board occurring by the expiration of the terms of office of two members heretofore appointed for terms expiring on the thirtieth day of June, nineteen hundred seventy-nine. Each of three members whose term of office expires on the thirtieth day of June, nineteen hundred eighty-one, shall continue to serve until such date or until the appointment and qualification of his successor. The terms of office of all successor members shall be three years, so that the term of office of one-third of such members, as nearly as possible, shall expire on the thirtieth day of June in each year. Each member shall continue to serve until the appointment and qualification of his successor. Vacancies in such board occurring otherwise than by the expiration of term shall be filled for the unexpired term. The members of the board shall choose from their number a vice-chairman. The mayor may remove any member of the board for inefficiency, neglect of duty or misconduct in office, giving him a copy of the charges against him and an opportunity of being heard in person, or by counsel, in his defense upon not less than ten days' notice. The members of the board shall be entitled to no compensation for their services but shall be entitled to reimbursement for their actual and necessary expenses incurred in the performance of their official duties. The powers of the authority shall be vested in and exercised by a majority of the members of the board then in office. Such board may delegate to one or more of its members or to its officers, agents and employees such powers and duties as it may deem proper.
Terms Used In N.Y. Public Authorities Law 1427
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
2. It is hereby determined and declared that the authority and the carrying out of its powers, purposes, and duties are in all respects for the benefit of the people of the city of White Plains and the state of New York, for the improvement of their health, welfare and prosperity and that said purposes are public purposes and that the authority is and will be performing an essential governmental function in the exercise of the powers conferred upon it by this title.