NY Pub Auth L § 2780 (2021)
2021 New York Laws PBA - Public Authorities Article 8 - Miscellaneous Authorities Title 32 - Albany County Airport Authority 2780 - Advances on Behalf of the Authority; Transfer of Property to Authority; Acquisition of Property by County for Authority.

§  2780.  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 may, from time   to time, appropriate by resolution sums of money to defray project costs   or any other costs and expenses of  the  authority  including  operating   expenses.Subject to the rights of bond holders, the county may determine if the   monies 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. Notwithstanding any inconsistent provision of any general,  special   or  local  law, ordinance, resolution or charter, any public corporation   may, by a majority vote of its governing body and the  approval  of  its   chief  executive  officer,  give, grant, sell, convey, loan, license the   use of or lease to the authority any property or  facilities,  including   aviation  facilities  and pollution control facilities, which are useful   in connection with the exercise by the authority  of  its  powers  under   this  title.  Any  such  gift, grant, sale, conveyance, loan, license or   lease shall be upon such terms and conditions,  and  for  such  term  or   terms  of  years,  subject to the rights of the holders of any bonds, as   the authority and such public corporation  may  agree.  Any  such  gift,   grant,  sale, conveyance, lease, loan or license shall not be subject to   referendum, permissive or  mandatory.  In  the  event  that  any  public   corporation gives, grants, sells, conveys, loans, licenses or leases any   aviation  facilities  or  pollution control facilities to the authority,   such public corporation  may  contract  with  the  authority  to  lease,   borrow, license, operate, maintain, manage and provide services for such   facilities  upon such terms and conditions and for such term or terms of   years, subject to the rights of holders of bonds, as the  authority  and   such  public corporation may agree. The authority, in furtherance of any   purchase, conveyance or lease of  any  property  or  facility  from  any   public  corporation,  may  assume  the  primary  responsibility  for the   payment of the principal and interest on any bonds or  notes  issued  by   such  public  corporation for such property or facility. For purposes of   section 136.00 of the local finance law, any agreement by the  authority   to  assume  the  primary responsibility for the payment of the principal   and interest on any bonds or notes issued by any such public corporation   shall, so long as such agreement shall continue to  be  honored  by  the   authority,  cause such bonds or notes to be deemed to have been refunded   and any such public corporation may deduct from its  gross  indebtedness   any outstanding indebtedness contracted for such property or facility to   be acquired by the authority.3.  The  county  may  acquire  by  purchase,  grant,  lease,  gift  or   condemnation pursuant to the eminent domain procedure law 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, real property acquired by the authority or the county from the   state may be used for any corporate purpose of the  authority  provided,   however,  no  non-hazardous solid waste, toxic, or hazardous waste site,   center, consolidated collection or transfer area, shall  be  located  or   maintained  at the airport, or on lands adjacent to the airport that are   used in support of airport operations as contained  in  any  present  or   future  airport layout plan approved by the New York state department of   transportation  or  the   federal   aviation   administration   and   no   non-hazardous  solid  waste,  toxic,  or  hazardous  waste site, center,   consolidated collection or transfer area, shall be located or maintained   on any other lands made available by the county in  support  of  airport   operations  by  way  of any agreement between the county and the airport    operator. The storage of materials, which by federal definition  may  be   classified  as  hazardous  materials,  but  are  acquired by the airport   operator,  its  agent,  or  assignee,  solely  in  support  of   airport   operations  or  airport  facility  maintenance  shall be exempt from the   provisions of this subdivision. The inventory, storage and use  of  such   materials  shall  be in accordance with all applicable federal and state   regulations.