New York Laws
Title 8-D - 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.