2006 New York Code - Funds And Revenues Pledged To Redemption Of City Debt.

 
    § 5-203 Funds and revenues pledged to redemption of city debt. Between
  the  city  and  the  holders  of its corporate stock redeemable from the
  several sinking funds of the  city  established  prior  to  July  first,
  nineteen  hundred  eighty-one  there is hereby declared to be a contract
  that the funds and revenues of the city, raised pursuant to section  two
  hundred  seventy-six of the charter and the rapid transit law as amended
  shall be applied to such sinking funds until all of such debt redeemable
  therefrom is fully redeemed and paid.