N.Y. Public Authorities Law § 2053-w: Solid waste reserve fund

§ 2053-w. Solid waste reserve fund. The county legislature may

establish a special fund, to be known as the solid waste reserve fund of

the county. There shall be credited to such reserve fund all amounts

paid to the county and specifically designated by the payor for deposit

in such reserve fund, together with such county moneys as may be

appropriated thereto from time to time. Moneys in such reserve fund may

be appropriated only for the purpose of paying amounts due from the

county under the terms of any contract entered into pursuant to this

title, for which an insufficient or no provision has otherwise been

made, except that upon the adoption of a resolution by at least a

two-thirds vote of the voting strength of the county legislature, all or

any portion of the moneys in such reserve fund may be transferred to any

other reserve fund established by the county pursuant to the general

municipal law. To the extent not inconsistent with the provisions of

this section, the management of such reserve fund and the investment of

moneys therein shall be subject to the provisions of section six-h of

the general municipal law.