NY Pub Auth L § 1944 (2021)
2021 New York Laws PBA - Public Authorities Article 8 - Miscellaneous Authorities Title 10-B - Upper Mohawk Valley Memorial Auditorium Authority 1944 - Appropriations for Purposes of the Authority; Transfer of Property to the Authority; Acquisition of Property by Municipality for Authority; Contracts

§  1944.  Appropriations  for  purposes  of the authority; transfer of   property to the authority; acquisition of property by  municipality  for   authority;  contracts  with municipality.   1. In addition to any powers   granted to  it  by  law,  any  municipality  may,  from  time  to  time,   appropriate by resolution sums of money for purposes of the authority to   defray auditorium 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 agreement authorized  by  this  title.  Subject  to  the   rights  of bondholders, such municipality may determine if the moneys so   appropriated shall be subject to repayment by the authority and, in such   event, the manner and time or times for such repayment.2. Any municipality may give, grant, sell, convey, loan or license the   use of or lease to the authority any property, real, personal or  mixed,   which  is 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 bondholders, as   the  authority  and such municipality may agree, including provision for   the authority to assume the primary responsibility for  the  payment  of   any bonds or notes issued by such municipality for such property.3.  Notwithstanding  the provisions of any other law, general, special   or local to the contrary, real property acquired by the authority or any   municipality from the state may be used for any corporate purpose of the   authority.4. One or more municipality and/or the authority shall have the  power   to contract, from time to time, between or among themselves, in relation   to  the  auditorium  which  contracts  may  include  any  or  all of the   following provisions: (i) requiring the use by any municipality  of  the   auditorium;  (ii)  limiting  the  right, including a prohibition, of any   municipality to construct a facility  which  will  serve  the  same,  or   substantially  the same, function as the auditorium; (iii) requiring the   authority to reserve time in the auditorium to assure  the  availability   to any municipality of a specified use of the auditorium; (iv) providing   for  specified  minimum  periodic  payments  by  a  municipality  to the   authority, whether or  not  the  auditorium  is  actually  used  by  the   municipality,  subject  to  such  limitations, exceptions and provisions   therein, and (v) requiring any municipality to pay to the authority such   amounts as shall be necessary to assure the continued operation  of  the   authority. All such payments shall be determined and paid in such manner   and at such times as may be provided in such contracts.5.  Any  gift,  grant,  sale,  conveyance,  loan,  contract  or  lease   authorized  by  this  section  may  be  made  or  entered  into  by  any   municipality  and/or  the authority without a public hearing being first   held therein and no such gift, grant, sale, conveyance,  loan,  contract   or lease shall be subject to referendum, permissive or otherwise.6.  Notwithstanding  the  provisions  of  any law, general, special or   local,  or  charter  provision  to  the  contrary,  the  city,  by   the   affirmative  vote  of  not  less  than  a  majority of the entire voting   strength of the board of estimate of said city, may sell or transfer, by   deed, lease or other arrangement, to the authority the  auditorium.  Any   such  agreement  of  sale  or  transfer  shall  be  upon  such terms and   conditions as the governing body of said  city  and  the  authority  may   agree.