N.Y. Real Property Tax Law § 1152: Power of tax district to protect liens

§ 1152. Power of tax district to protect liens. 1. When authorized by

resolution of the governing body, any enforcing officer may on behalf of

a tax district having a tax lien on any parcel of real property,

lawfully protect such liens by entering into an agreement pursuant to

section eleven hundred fifty of this title with another tax district

holding liens on such property, or by bidding for and purchasing such

parcel at any judicial sale of such parcel held pursuant to this

article. Any tax district so bidding at a judicial sale shall not be

required to make any deposit, but shall within ten calendar days after

such sale, pay the amount due another tax district or other holder of

tax lien on such parcel.

2. For the purpose of providing the funds so required, any tax

district, by resolution adopted by its governing body, may specifically

appropriate any funds generally provided for the purpose in its budget

of that fiscal year or may appropriate any funds not otherwise

appropriated or may finance such expenditure pursuant to the local

finance law.