New York Laws
Title 28-B - Schenectady Metroplex Development Authority
2659 - Acquisition of Land.

ยง 2659. Acquisition of land. The authority, upon the terms and
conditions approved by resolution of the authority, shall have the power
to acquire real property located within the service district by
purchase, lease or condemnation to accomplish its lawful purposes. It
shall also have the power to sell, lease or otherwise dispose of real
property and shall retain and have the power to use the proceeds of such
sale, rentals or other monies derived from the disposition thereof for
its lawful purposes. A resolution of the authority to condemn real
property shall require a two-thirds majority of the board for approval.

Claims for the value of the real property condemned and for legal
damages caused by any such condemnation shall be adjusted and determined
by the chairman with the approval of the board, or by the supreme court
of Schenectady county as provided in section twenty-six hundred seventy
of this title. When a claim has been filed with the supreme court, the
claimant shall cause a copy of such claim to be served upon the
authority and the authority shall have the right to be represented and
heard before said court. All awards and judgments arising from such
claims shall be paid out of moneys of the authority.