NY Pub Auth L § 1599-FFF (2021)
2021 New York Laws PBA - Public Authorities Article 7 - Parking Authorities Title 16 - Village of Mount Kisco Parking Authority 1599-FFF - Conveyance of Property by the Village to the Authority; Acquisition of Property by the Village or by the Authority.

* §  1599-fff. Conveyance of property by the village to the authority; acquisition of property by the village or  by  the  authority.  (a)  The village may, by resolution or resolutions of the board of trustees or by instruments  authorized  by  such  resolutions,  convey, with or without consideration, to the authority real and personal property owned by  the village  for  use  by  the  authority as a project or projects or a part thereof. In case of real property so conveyed, the title  thereto  shall remain in the village but the authority shall have the use and occupancy thereof  for  so  long as its corporate existence shall continue. In the case of personal property so conveyed,  the  title  shall  pass  to  the authority.  (b)  The village may acquire in the name of the village by purchase or condemnation real property in the village for any of the projects or for the widening of existing roads, streets, avenues or highways, or for new roads, streets, avenues or highways, within a radius of one mile to  any of  the  projects,  or  partly  for  such  purposes and partly for other village purposes, by purchase or condemnation in the manner provided  by law  for  the  acquisition  of  real  property  by the village. For like purposes, the  village  may  close  such  streets,  roads,  avenues,  or highways  as may be necessary or convenient, except as to state highways and arterial ways which may not be closed without  the  consent  of  the state commissioner of transportation.  (c)  Contracts  may  be  entered  into  between  the  village  and the authority providing for the property to be conveyed by  the  village  to the authority, the additional property to be acquired by the village and so  conveyed,  the streets, roads, avenues, and highways to be closed by the village and the amounts, terms and conditions of payment to be  made by  the  authority.  Such  contracts  may  also contain covenants by the village as to the road, street, avenue and highway  improvements  to  be made  by  the  village.  Any  such contracts between the village and the authority may be pledged by the authority to secure its  bonds  and  may not  be  modified  thereafter  except  as  provided  by the terms of the pledge. The board of trustees may authorize such contracts  between  the village  and the authority and no other authorization on the part of the village for such contracts shall be necessary. Any such contracts may be so authorized and entered into by the village and in such manner as  the board of trustees may determine, and the payments required to be made by the  village  may be made and financed notwithstanding that no provision therefor shall have first  been  made  in  the  capital  budget  of  the village. All contractual or other obligations of the village incurred in carrying  out  the  provisions  of  this  title shall be included in and provided for by each capital budget of the village thereafter  made,  if and to the extent that they may appropriately be included therein.  (d)  Subject  to  the  provisions of subsection (d) of section fifteen hundred ninety-nine-ccc hereof, the authority may  itself  acquire  real property  for  a  project  in  the  name  of the village at the cost and expense of the authority by purchase or  condemnation  pursuant  to  the condemnation law or pursuant to the laws relating to the condemnation of land  by  the village. The authority shall have the use and occupancy of such real property so long as its corporate existence shall continue.  (e) In case the authority shall have the use and occupancy of any real property which it shall determine is no longer required  for  a  project then,  if such real property was acquired at the cost and expense of the village, the authority  shall  have  power  to  surrender  its  use  and occupancy thereof to the village, or, if such real property was acquired at  the cost and expense of the authority, then the authority shall have power to sell, lease or otherwise  dispose  of  said  real  property  at public  or  private sale, and shall retain and have the power to use the  proceeds of sale, rentals, or other moneys derived from the  disposition thereof for its purposes.   * NB Authority ceased to exist 06/01/1976   * NB There are 2 § 1599-fff's