1045-G - General powers of the water board.

§  1045-g.  General  powers  of  the  water board. Except as otherwise  limited by this title, the water board shall have power:    1. To sue and be sued;    2. To have a seal and alter the same at pleasure;    3. To make  and  amend  by-laws  for  its  organization  and  internal  management,  and  rules  and  regulations  governing the exercise of its  powers and duties and the fulfillment of its purposes under this title;    4. To establish, fix, revise,  charge  and  collect  and  enforce  the  payment  of all fees, rates, rents and other service charges for the use  of, or services furnished by the sewerage system, water system, or both,  as the case may be, so as to receive revenues which, together with other  revenues available to the board, if any, shall be at least sufficient at  all times  so  that  such  system  or  systems  shall  be  placed  on  a  self-sustaining   basis   in   accordance   with  section  one  thousand  forty-five-j of this title; provided, however that the water board shall  not establish a limit of less than four years commencing from  the  date  of  the  bill  for  services  to  challenge any fee, rate, rent or other  service charges for the use of or services furnished by the water and/or  sewerage systems; any such challenge shall specifically  set  forth  the  basis for such claim;    5. To enter into contracts and to execute all instruments necessary or  convenient or desirable for the purposes of the water board to carry out  any  powers  expressly  given  it in this title, provided nothing herein  contained shall authorize the water board to borrow money  or  otherwise  contract indebtedness;    6.  To  enter  into  an  agreement  pursuant  to  section one thousand  forty-five-i of this title with the authority and the city to provide  a  means whereby the authority shall finance the cost of constructing water  projects,  as  described in the agreement, and the water board may agree  to assume title to the water or sewerage system, or both, and  to  raise  revenues  from users through fees, rates, rents or other service charges  necessary or appropriate to secure such financing and to pay the cost of  the operation, management and repair of such water or sewerage system;    7. To acquire, purchase, lease as lessee, hold and use  any  property,  real,  personal or mixed, or any interest therein necessary or desirable  to carry out the purposes of this title and, subject to any  limitations  in  any  agreement  with  the  city entered into pursuant to section one  thousand forty-five-h of this title, to sell, lease as lessor,  transfer  or otherwise dispose of any such property or interest therein;    8.  To  appoint  such officers and employees as it may require for the  performance  of  its  duties,   and   to   fix   and   determine   their  qualifications,  duties,  and compensation, subject to the provisions of  the civil service law and the rules of the civil service  commission  of  the  city,  and  to  retain  or  employ counsel, auditors, engineers and  private consultants on a  contract  basis  or  otherwise  for  rendering  professional or technical services and advice;    9.  To  acquire  from  the  city  title  to the sewerage system, water  system, or both the sewerage and water systems, as the case may  be,  of  such city;    10.  To  make  plans,  surveys  and  studies  necessary, convenient or  desirable to the effectuation of the purposes and powers  of  the  water  board and to prepare recommendations in regard thereto;    11.  To  make  use of existing studies, surveys, plans, data and other  material in the possession of the city in order to avoid duplication  of  effort, and such city is hereby authorized to make the same available to  the  water  board  and  otherwise to assist it in the performance of its  functions;12. With the consent of the mayor of  the  city  to  use  officers  or  employees of the city and to pay a proper portion of the compensation or  costs for the services of such officers or employees;    13.  To  conduct investigations and hearings in the furtherance of its  general purposes, and in aid  thereof  to  have  access  to  any  books,  records  or  papers  relevant thereto; and if any person whose testimony  shall be required for the proper performance of the duties of the  water  board  shall  fail  or  refuse  to  aid or assist the water board in the  conduct of any investigation or hearing,  or  to  produce  any  relevant  books,  records  or other papers, the water board is authorized to apply  for process of subpoena, to issue out of any court of  general  original  jurisdiction whose process can reach such person, upon due cause shown;    14.  To  apply  for  and  to  accept  any  gifts or grants of funds or  property or financial  or  other  aid  in  any  form  from  the  federal  government  or  any agency or instrumentality thereof, or from the state  or any state agency, the city or from any other sources, for any or  all  of  the  purposes specified in this title, and to comply, subject to the  provisions of this title, with the terms and conditions thereof;    15. To invest moneys not required for immediate use  or  disbursement,  subject to such restrictions as may be imposed by any agreement with the  authority,  in  such  obligations  or  deposits with such banks or trust  companies as it may determine and  designate,  provided  that  any  such  deposit  with  a  bank  or trust company shall be continuously and fully  secured by direct obligations of the  city,  the  state  or  the  United  States of America, or obligations the principal of and interest on which  are guaranteed by the state or the United States of America, of a market  value equal at all times to the amount of the deposit;    16.  To  establish  and  maintain  such  reserves,  special  funds and  accounts, to be held in trust or otherwise, as may be  required  by  any  agreement with the authority and the city; and    17.  To  do all things necessary, convenient or desirable to carry out  its purposes and for the exercise of the powers granted in this title.