N.Y. General Municipal Law § 98-b: Municipal assistance to public authorities furnishing transportation services

§ 98-b. Municipal assistance to public authorities furnishing

transportation services. Every city, village, town or county not wholly

contained within a city the whole or any part of which is directly

served by a transportation facility operated by a public authority shall

be empowered to make unconditional grants of money or property to such

public authority for the purpose of assisting it in meeting its capital

or operating expenses, provided such money does not consist of borrowed

funds and such property has not been acquired by the use of borrowed

funds. Such purpose is hereby declared to be a city, county, town and

village purpose. The term "transportation facility," as used herein,

shall include rapid transit, commuter railroad, omnibus, marine, airport

and aviation facilities. The provisions of this section are intended as

enabling legislation only and shall not be interpreted as implying that

absent their enactment a municipality would lack the power to authorize

any such grant; but they shall not be interpreted as an authorization to

public authorities generally to accept such grants.

The acceptance of any such grant by a public authority shall not

operate to make such authority an agency of the municipality making the

grant.