N.Y. Public Authorities Law § 2580: Acquisition of real property for the authority

§ 2580. Acquisition of real property for the authority. 1.

Notwithstanding the provisions of any general, special or local law or

charter, the county is hereby empowered to purchase or lease from the

authority for a term not exceeding ninety-nine years, a sports facility,

or enter into any other agreement relating to a sports facility, upon

such terms and conditions as may be agreed upon by the county and the

authority.

2. The county may enter into agreements with the authority for the

management or operation, in whole or in part, of a sports facility owned

or acquired by the county.

3. The county may enter into agreements with the authority for the

operation or maintenance, in whole or in part, of a facility for the

purpose of minor league baseball, presently known as Frontier Field.

4. The county may enter into agreements with the authority to pay for

planning, design and feasibility studies undertaken, or caused to be

undertaken, by the authority.

5. Since the authority's continued discharge of its public and

governmental purposes is of benefit to the county, the county may pay,

within the appropriations available therefor, if any, the expenses of

the establishment and continued operation of the authority.

6. Notwithstanding any other provision of law, the county shall have

the power to contract indebtedness and to issue its obligations pursuant

to the local finance law for the purpose of financing any payment

authorized to be made pursuant to subdivision two, three, four or five

of this section. Any such payment shall constitute an object or purpose

for which the period of probable usefulness is hereby determined to be

five years.