NY Pub Auth L § 1199-FF-2 (2021)
2021 New York Laws PBA - Public Authorities Article 5 - Public Utility Authorities Title 8-E* - Orange County Water Authority 1199-FF*2 - Appropriations for Purposes of the Authority; Transfer of Property to Authority; Acquisition of Property by the County for Authority; Contracts With C

* § 1199-ff. Appropriations for purposes of the authority; transfer of   property  to  authority;  acquisition  of  property  by  the  county for   authority; contracts with county. 1. In addition to any  powers  granted   to it by law, the county legislature may, from time to time, appropriate   by  resolution  sums  of  money  for purposes of the authority to defray   project costs or any other costs and expenses of the authority or to pay   amounts payable or anticipated to be payable to the  authority  pursuant   to  any  contract  authorized  by  this  title. Subject to the rights of   bondholders, the county legislature  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. In the event there shall remain at the end of any fiscal year   of  the  county  an  unexpended  balance of any such appropriation, such   unexpended balance shall remain on deposit in the fund  or  account  and   such appropriation shall not lapse.2. The county or any other municipality may give, grant, sell, convey,   loan,  license the use of or lease to the authority any properties which   are useful to the authority in order to carry out its powers under  this   title.  Any  such  transfer  of property shall be for such term and 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,   including  provision  for  the   authority   to   assume   the   primary   responsibility  for  the  payment  of  any  bonds or notes issued by the   county or such other municipality for such properties.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.5.  The  county,  one or more of the municipalities within the county,   the district, and the authority shall have the power to  contract,  from   time  to time, between or among themselves, in relation to the purchase,   sale and transmission of water, which contracts may include any  or  all   of  the  following provisions: (a) requiring the purchase by the county,   any such municipality or the district of specified amounts of water; (b)   requiring the authority to reserve capacity in  its  water  facility  to   assure  the  availability  to  the  county, any such municipality or the   district of a specified amount of water;  (c)  providing  for  specified   minimum  periodic  payments  whether  or not water is actually taken and   used, subject to such limitations, exceptions  and  provisions  therein;   (d)  requiring  the county, any such municipality or the district to pay   to the authority such amounts  as  shall  be  necessary  to  assure  the   continued  operation  of  the  authority;  and  (e)  requiring  any such   municipality to pay to the county such amount as shall be  necessary  to   assure  that  the  periodic payments by the county to the authority will   not result in an undue burden upon the residents of the county. All such   payments shall be determined and paid in such manner and at  such  times   as may be provided in such contracts.6.  Any  gift, grant, sale, conveyance, loan or contract authorized by   this section may be made or entered into by the  county  and  any  other   municipality  without  a  public hearing being first held therein and no   such gift, grant, sale, conveyance, loan or contract shall be subject to   referendum, permissive or otherwise.* NB There are 2 § 1199-ff's