*  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.