New York Statutes

§ 2659 — Acquisition of land

New York·Law PBA Public Authorities·Title 28-B Schenectady Metroplex Development Authority·Art. 8 Miscellaneous Authorities
§ 2659. Acquisition of land. The authority, upon the terms and\nconditions approved by resolution of the authority, shall have the power\nto acquire real property located within the service district by\npurchase, lease or condemnation to accomplish its lawful purposes. It\nshall also have the power to sell, lease or otherwise dispose of real\nproperty and shall retain and have the power to use the proceeds of such\nsale, rentals or other monies derived from the disposition thereof for\nits lawful purposes. A resolution of the authority to condemn real\nproperty shall require a two-thirds majority of the board for approval.\n Claims for the value of the real property condemned and for legal\ndamages caused by any such condemnation shall be adjusted and determined\nby the chairman with t

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