* ยง 2461. Legislative findings. It is hereby found, determined and
declared that there is an immediate need to promote the further
development of recreational opportunities in the state by facilitating
the acquisition, construction and rehabilitation of sports complexes,
stadiums, arenas and related facilities for the holding of professional
and amateur athletic events; to provide a means to attract and locate
major professional team franchises in the state. It is further declared
it is desirable that a state sports authority be created for the purpose
of providing and maintaining such sports facilities and the creation and
maintenance of facilities incidental or useful in the operation of
sports facilities. It is hereby further declared that the corporate
purposes and powers conferred under this title and the expenditure of
public moneys pursuant thereto constitute a serving of a valid public
purpose.
* NB (Disbanded March, 1980)
Structure New York Laws
Article 8 - Miscellaneous Authorities
Title 19 - New York State Sports Authority
2463 - New York State Sports Authority.
2464 - General Powers of the Authority.
2465 - Plans for Sports Facilities.
2466 - The Acquisition of Real Property.
2467 - Bond and Note Authorization.
2468 - Bonds and Notes of the Authority.
2469 - Security for Bonds or Notes; Construction and Acquisition of Sports Facilities.
2470 - Resources of Authority.
2473 - State Aid Guarantee; Withholding Thereof.
2474 - Extraordinary Conditions Provision.
2475 - Remedies of Bondholders and Noteholders.
2476 - State and Municipalities Not Liable on Bonds and Notes.
2477 - Agreement of the State.
2479 - Exemption From Taxation of Bonds and Notes.
2480 - Bonds and Notes as Legal Investments for Public Officers and Fiduciaries.
2482 - Limitation of Liability.
2483 - Assistance by State Officers, Departments, Boards and Commissions.
2485 - Court Proceedings; Preferences; Venue.