LD 1957
pg. 6
Page 5 of 15 PUBLIC Law Chapter 599 Page 7 of 15
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LR 2604
Item 2

 
required legal services, the authority may employ or retain its own
counsel and legal staff.

 
§13083-J.__Use of operating revenues

 
1.__Principal use of revenue.__Operating revenue must be used
principally to reinvest in the properties held by the authority.

 
2.__Permitted liability limited.__All expenses incurred in
carrying out this article must be paid solely from funds provided
under the authority of this article, and liability or obligation
may not be incurred under this article beyond the extent to which
money has been provided under the authority of this article.

 
3.__Equal opportunity employers.__Contractors and
subcontractors on authority construction and reconstruction
projects must be equal opportunity employers and, for contracts
in excess of $250,000, shall pursue in good faith affirmative
action programs as defined in section 782.__The authority may by
rule provide for the enforcement of this requirement.

 
§13083-K.__Property of authority

 
The authority shall hold and acquire property as follows.

 
1.__Lease or sale.__Properties may be leased or sold to
accomplish the readjustment or reuse of the base facilities as
determined appropriate by the authority.__Resources acquired as a
result of the lease or sale of these properties become operating
revenues or assets of the authority.

 
2.__Entry upon lands.__The authority and its authorized agents
and employees may enter upon lands, waters and premises in the
State for the purpose of making surveys, soundings, drillings and
examinations the authority determines necessary or convenient for
the purposes of this article.__The entry is not a trespass, but
the authority is liable for damages its entry creates.

 
3.__Authority for transfers of interest in land to the
authority.__Notwithstanding any contrary provisions of law, upon
the authority's request, on reasonable and fair terms and
conditions and without the necessity for advertisement, order of
court or action or formality other than the regular and formal
action of the authorities concerned, counties, municipalities,
public agencies or instrumentalities of the State, public service
corporations and special districts may lease, lend, grant or
convey to the authority real or personal property or rights in
that property that may be necessary or convenient for the
effectuation of the authorized purposes of the authority,


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