New York Laws
Title 16 - Village of Mount Kisco Parking Authority
1599-KKK - Agreements of the Village.

(b) The authority is hereby authorized, in its discretion, for and on
behalf of itself and the village of Mount Kisco to covenant and agree
with the holders of the bonds, with such exceptions and limitations as
it may deem in the public interest, that no public parking areas except
those acquired and operated by the authority will be constructed or
operated in the village by the village, or by any public benefit or
other corporation the members or some of which are elected or are
appointed by village officials, until either
(1) the bonds, together with interest thereon, interest on any unpaid
installments of interest and all costs and expenses in connection with
any action or proceeding by or on behalf of the bondholders are fully
met and discharged or
(2) principal or interest of any of the bonds shall be overdue and
unpaid for a period of three years or more.
* NB Authority ceased to exist 06/01/1976
* NB There are 2 § 1599-kkk's