2012 New York Consolidated Laws
PBA - Public Authorities
Article 5 - PUBLIC UTILITY AUTHORITIES
Title 8-D - (1199 - 1199-X) Rensselaer County Water and Sewer Authority
1199-E - Advances on behalf of the authority; transfer of property to authority; acquisition of property by county for authority.

 
    § 1199-e. Advances on behalf of the authority; transfer of property to
  authority;  acquisition  of  property  by  county  for  authority. 1. In
  addition to any powers granted to it by law, the  county  from  time  to
  time  may  appropriate sums of money to or on behalf of the authority to
  defray project costs or any other costs and expenses of  the  authority.
  Subject  to  the  rights of bondholders, the county may determine if the
  moneys so appropriated shall be subject to repayment by the authority to
  the county and, in such event, the manner and time  or  times  for  such
  repayment.
    2. The county or any other municipality may give, grant, sell, convey,
  loan,  license  the  use  of  or  lease to the authority any property or
  facility which is useful to the authority in  order  to  carry  out  its
  powers  under  this  title.  Any such transfer of property shall be upon
  such terms and conditions, subject to the rights of the holders  of  any
  bonds, as the authority and the county or other municipality may agree.
    3.  The  county may acquire by purchase or by exercise of the power of
  eminent domain real property in the name of the county for any corporate
  purpose of the authority.
    4. Notwithstanding the provisions of any other law,  general,  special
  or local to the contrary, real property acquired by the authority or the
  county  from  the  state  may  be  used for any corporate purpose of the
  authority.