Section 68 - Disposal of records1. Notwithstanding the provisions of any general, special or local law, the Utica transit authority or officer or employee thereof is hereby empowered to destroy, sell or otherwise dispose of any book, paper, map photograph, microphotograph or other record regardless of its physical form or characteristic, which has been made, acquired, or received or is now in its custody and which the Utica transit authority determines no longer has sufficient administrative, legal, fiscal, research or historical value to warrant its continued retention and preservation, provided the Utica transit authority authorizes such destruction, sale or other disposition.2. The provisions of this section shall not apply to the following records of the Utica transit authority unless copies for retention are reproduced as provided in section sixty-nine of this article: (a) The official copy of the minutes of the Utica transit authority including appendices and attachments thereto.(b) The official copy of any annual report of the Utica transit authority to the commissioner.(c) Records which have not been retained for such period of time as may be required:(1) by the federal government or any of its agencies;(2) by rules and regulations of the state comptroller;(3) by rules and regulations of the commissioner.