2012 New York Consolidated Laws
PBA - Public Authorities
Article 5 - PUBLIC UTILITY AUTHORITIES
Title 8-F - (1199-AAA - 1199-XXX) SARATOGA COUNTY WATER AUTHORITY
1199-FFF - Advances on behalf of the authority; transfer of property to the authority; acquisition of property by the county for authority.

 
    §  1199-fff. Advances on behalf of the authority; transfer of property
  to the authority; acquisition of property by the 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  moneys   so
  appropriated  shall  be  subject  to  repayment  by the authority to the
  county in such manner and at such time or times as set by the county 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.