73 S T A T. ]
P U B U C LAW 8 6 - 3 0 2 - S E P T. 21, 1959
"3.6. Powers and duties of transportation agency; long-range plan, (a) The transportation agency shall have all the powers of negotiation and conditional agreement herein provided as to interim plans, for the purpose of preparing a long-range plan for submission to the governors and legislatures of the states of New York and New Jersey, for approval by concurrent legislation, and for any amendments of or supplements to any such long-range plan. " (b) Such long-range plan shall be designed to provide a more permanent arrangement or series of arrangements for the preservation, coordination, consolidation, integration, and improvement of transit facilities and services, whether now in existence or to be provided under the terms of any interim or long-range plan. " (c) Such long-range plan shall also provide for methods of financing its implementation, to the extent necessary; and, in case of doubt as to which of several available methods should be adopted, the plan shall set forth the alternatives in detail, so that the method or methods to be employed may be determined by concurrent legislation; but it shall not be necessary for the same method to be employed within both of the states. No such plan shall provide for financing by means of any tax on real and personal property. " (d) Such long-range plan shall also contain such proposals for the modification, amendment, or supplement of this compact as may be necessary to implement said plan properly. "(e) Such long-range plan shall also contain suitable provisions with respect to the providing and operating of transit facilities or services for the evacuation or transfer of persons within or through the two states by way of implementation of a civil defense operational survival plan, to the extent deemed necessary and feasible. " (f) Upon the approval of such long-range plan by concurrent legislation, such plan shall thereupon have full force and effect according to its terms as so approved, and all persons and agencies who are called upon to act in performance thereof shall thereupon be authorized and empowered to carry out the terms thereof and to have all of the powers, rights, and duties provided for therein or in the concurrent legislation. "3.7. Powers and duties of transportation agency; general, (a) The transportation agency shall have power to adopt a corporate seal, to sue and be sued, and to enter into contracts. "(b) The transportation agency shall have power to receive and accept grants or loans of property, money, and services offered or made available to it by any person, government, or agency whatever, which it may use to meet capital or operating expenses and for any other use within the scope of its functions, and to negotiate for the same upon such terms as may be necessary or advisable; provided, however, that no loan shall be accepted unless a plan providing for the method of its repayment shall have been approved by concurrent legislation. "(c) The transportation agency shall have power to hire, lease, acquire, and dispose of property to the extent necessary to carry out its functions and duties as the same may be constituted from time to time. " (d) The transportation agency shall have power to survey and study the origin and destination of passenger travel in the two states by all means of transportation, and the capacity, adaptability, and best utility of each of such means of transportation, making use of all studies, surveys, plans, and other material now or hereafter made by any other person or agency; and to provide for, acquire, and accept detailed operating, engineering, administrative, and financial plans and specifications for the development or implementation of any interim or long-range plan.
679
�
