New York Laws
Title 2 - Central New York Regional Market Authority
829 - Bonds of the Authority.

(a) pledging all or any part of the gross or net revenues of the
authority to secure the payment of the bonds;
(b) the rentals and license fees to be charged for use of the market
facilities and the amounts to be raised in each year by rentals and
license fees and the use and disposition of such rentals and other
revenues;
(c) the setting aside of reserves or sinking funds and the regulation
and disposition thereof;
(d) limitations on the right of the authority and its successors to
restrict and regulate the use of the market facilities;
(e) limitations on the purpose to which the proceeds of sale of any
issue of bonds then or thereafter to be issued may be applied;
(f) limitations on the issuance of other or additional bonds;
(g) the procedure, if any, by which the terms of any contract with
bondholders may be amended or abrogated, the amount of bonds the holders
of which must give consent thereto, and the manner in which such consent
may be given.
5. Neither the members of the board nor any person executing the bonds
shall be liable personally on the bonds or be subject to any personal
liability by reason of the issuance thereof.
6. The authority shall have power out of any funds available therefor
to purchase any bonds issued by it at a price not more than the
principal amount thereof and accrued interest. All bonds so purchased
shall be cancelled.
7. The authority shall have power, subject to the rights and with the
consent of the holders of any outstanding bonds issued under the
provisions of this title, to issue and sell or exchange its negotiable
bonds to refund or to refinance all or any part of such outstanding
bonds. All bonds issued by virtue of this section shall be authorized by
resolution of the board and shall be issued upon such terms, not
inconsistent with the provisions of this title, as the board may
determine. Such bonds may be authorized in combination with and as part
of an issue of bonds authorized to refund or to refinance and to be sold
to provide funds for any purpose for which the authority is now
authorized to issue bonds.