2023 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.