N.Y. Public Authorities Law § 1149-e: Advances on behalf of the authority; transfer of property to the authority; acquisition of property by county for authority

§ 1149-e. Advances on behalf of the authority; transfer of property to

the authority; acquisition of property by county for authority. 1. In

addition to any powers granted to it by law, the county from time to

time may appropriate sums of money, after approval by the board of

supervisors, to or on behalf of the authority to defray project costs or

any other costs and expenses of the authority. Subject to the rights of

bondholders, the county at the time of the appropriation shall determine

if the moneys so appropriated shall be subject to repayment by the

authority to the county and, in such event, the manner and time or times

for such repayment.

2. The county or any other municipality may give, grant, sell, convey,

loan, license the use of or lease to the authority any property or

facility which is useful to the authority in order to carry out its

powers under this title. Any such transfer of property shall be upon

such terms and conditions, subject to the rights of the holders of any

bonds, as the authority and the county or other municipality may agree.

3. The county may acquire by purchase or by exercise of the power of

eminent domain real property in the name of the county for any corporate

purpose of the authority.

4. Notwithstanding the provisions of any other law, general, special

or local to the contrary, real property acquired by the authority or the

county from the state may be used for any corporate purpose of the

authority.