Creates the Sea Gate water and sewer authority and the Sea Gate police department

BILL NUMBER:S4168

Title of bill

An act to amend the public authorities law, in relation to creating the Sea Gate water and sewer authority; and in relation to creating the Sea Gate police department

Purpose or general idea of bill

Requires the creation of the Sea Gate Water and Sewer Authority. The PBC would collect water and sewer fees to offset yearly operating expenses and repay bond and loan amounts. Requires the establishment of the Sea Gate Police Department in the Sea Gate community of Brooklyn. This new department would perform all the duties of the existing police department and provide additional revenue to the PBC to offset yearly operating expenses.

Summary of specific provisions

Section 1. Article 5 of the public authorities law is amended by adding a new title to 5-A to read as follows:

Section 1114. Short Title 1114-a. Definitions. 1114-b. Sea Gate water and sewer district. 1114-c. Sea Gate water and sewer authority. 1114-d. Powers of the Authority. 1114-e. Advances on behalf of the authority; transfer of property to authority; acquisition of property by Sea Gate community for authority. 1114-f. Governmental capacity of the authority and municipalities. 1114-g Transfer of Officers and employees. 1114-h. Bonds of authority. 1114-i. Remedies of bondholders. 1114-j. State and Sea Gate community not liable on authority bonds. 1114-k. Moneys of the authority. 1114-1. Bonds legal investments for fiduciaries. 1114-m Agreement of the states. 1114-n. Exemption from taxes, assessments and certain fees. 1114-o. Actions against authority. 1114-p. Contracts. 1114-q. Interest in contracts prohibition. 1114-r. Audit and annual report. 1114-s. Limited liability. 1114-t. Environmental applications, proceedings, approvals and permits. 1114-u. Sea Gate Community may levy tax within district. 1114-v. Authority and water board to take affirmative action. 1114-w. Separability. 1114-x Effect of inconsistent provisions.

Justification

A public-benefit corporation is a public corporation chartered by a state designed to perform some public benefit. A public authority is a type of public-benefit corporation that takes on a more bureaucratic role, such as the maintenance of public infrastructure, that often has broad powers to regulate or maintain public property.

The new PBC entity would allow for the creation of a new budget and the ability to issue bonds and/or a capital budget for the community projects. Community projects such as the Water System Renovation and

Sewer System Renovation would deem necessary the creation of the enforcement body to be known as the Sea Gate Police Department.

Prior legislative history

A5020

Fiscal implications for state and local governments

The new PBC entity would project estimated costs of five million dollars per year for operating expenses and an estimated fifty to seventy million dollar budget over the course of five-to seven years for the Water and Sewer projects.

Effective date

This act shall take effect immediately.