(b) (1) A plan may be approved by the county legislature by a majority
vote of the members. If the plan is not voted on within ninety  days  of
its  submission  to  the  legislature,  it  shall  be  deemed  approved;
provided, however, that the legislature may agree  to  extend  the  time
period in which it must vote on the plan.
  (2)  If  the  plan  is  not  approved,  the  authority  may thereafter
reformulate and resubmit for approval such plan  at  any  time.  If  the
reformulated  plan  is  not  voted  on  within  forty-five  days  of its
submission to the legislature, it shall be  deemed  approved;  provided,
however,  that  the  legislature  may agree to extend the time period in
which it must vote on the reformulated plan.
  (c) The  authority  may  from  time  to  time  submit  to  the  county
amendments   or   modifications  to  the  plan.  If  the  amendments  or
modifications are not voted on within forty-five days of its  submission
to the legislature, it shall be deemed approved; provided, however, that
the  legislature  may  agree  to extend the time period in which it must
vote on the amended or modified plan.
  4. The disapproval of a plan  by  the  county  legislature  shall  not
affect:  (a)  the  right  of  the  authority  to issue bonds or notes to
finance a capital project which was initiated prior to such  disapproval
in  conformity  with  a  previously  approved plan; (b) the right of the
authority  to  issue  its  bonds,  notes,  lease,  sublease   or   other
contractual obligations in payment for a project initiated prior to such
disapproval in conformity with a previously approved plan; (c) the right
of  the  authority  to issue bonds or notes to refund or otherwise repay
any of its outstanding bonds  or  notes  or  to  fulfill  any  of  their
obligations  to  the holders of any of their outstanding bonds or notes;
or (d) the right of the authority to  issue  its  bonds,  notes,  lease,
sublease  or  other contractual obligations to refund or otherwise repay
any of its  outstanding  bonds  or  notes  or  to  fulfill  any  of  its
obligations to the holders of any of its outstanding bonds or notes.
Structure New York Laws
Article 8 - Miscellaneous Authorities
Title 32 - Albany County Airport Authority
2777 - Statement of Legislative Findings and Purpose.
2779 - Albany County Airport Authority.
2781 - Transfer of Officers and Employees.
2782 - General Powers of the Authority.
2783 - Special Powers of the Authority.
2784 - County Approval of Capital Projects.
2785 - Bonds of the Authority.
2786 - Remedies of Bondholders.
2787 - State and County Not Liable on Authority Bonds.
2788 - Monies of the Authority.
2789 - Bonds Legal Investment for Fiduciaries.
2792 - Exemption From Taxes, Assessments and Certain Fees.
2793 - Actions Against Authority.
2796 - Agreements Relating to Payment in Lieu of Taxes.
2797 - Audit and Annual Report.
2799 - Transfer of Applications, Proceedings, Approvals and Permits.