N.Y. Education Law § 257: Acceptance of conditional gift

§ 257. Acceptance of conditional gift. By majority vote at any

election or at a meeting of the electors, duly held, any municipality or

district or by three-fourths vote of its council any city, or any

library or any designated branch thereof if so authorized by such vote

of a municipality, district or council, or any combination of such

voting bodies, may accept gifts, grants, devises or bequests for library

purposes or for kindred affiliated educational, social and civic

agencies on condition that a specified annual appropriation shall

thereafter be made for the maintenance of a library or branches thereof,

or of such kindred affiliated agencies, by the municipality or district

or combination so authorizing such acceptance, or upon such other

conditions as may be stipulated in the terms of the gift. Such

acceptance when approved by the regents of the university under seal and

recorded in its book of charters shall be a binding contract, and such

municipality or district shall levy and collect yearly in the manner

prescribed for other taxes the amount stipulated and shall maintain any

so accepted gift, grant, devise or bequest intact and make good any

impairment thereof, and shall comply with all other conditions set forth

in the stated terms of the gift.