2006 New York Code - (enacted Without Section Heading).

 
    §  173-e.  The acceptance of a terminable permit, or the acceptance of
  an amendment to  any  existing  license,  grant,  franchise,  permit  or
  consent  incorporating  therein  the terms of a terminable permit, shall
  constitute a consent by  the  street  surface  railroad  corporation  or
  corporations, or other person, firm or corporation so accepting the same
  to  the  purchase by the city, town or village of all or any part of the
  street surface railroad property, plant and equipment actually used  and
  useful  for  the  public and situated within the corporate limits of the
  city, town or village, as provided for in this article.