2006 New York Code - Development Of Common Facilities.

 
    §  119-h. Development of common facilities. Common drainage facilities
  may be acquired and developed by all of the  contracting  municipalities
  acting  jointly  or  by  the individual action of one of the contracting
  municipalities, acting for all of  the  contracting  municipalities,  as
  such  municipalities  may  provide  in  the  contract. Regardless of the
  method agreed upon, title to all real or personal property  acquired  or
  constructed shall be held jointly in the names of all of the contracting
  municipalities  subject  to  such  provisions  for  disposition  as  the
  contract between such municipalities may contain.