2023 New York Laws › PBA - Public Authorities › Article 8 - Miscellaneous Authorities › Title 34 - Syracuse Regional Airport Authority › 2799-EEE - Advances on Behalf of Authority, Transfer of Property to Authority, Acquisit Ion of Property by City or Authority.

§  2799-eee.  Advances on behalf of authority, transfer of property to
  authority, acquisition of property by city or authority. 1. In  addition
  to  any  powers  granted  to  it  by  law,  the city or any other public
  corporation  may,  from  time  to  time,  appropriate  by  ordinance  or
  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  bondholders,  the  city or such other public corporation may
  determine if the moneys so appropriated shall be subject to repayment by
  the authority to the city or such other public corporation 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, real  property,  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 real property or 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  city  may  acquire  by  purchase,  grant,  lease,   gift   or
  condemnation  pursuant to the eminent domain procedure law real property
  in the name of the city 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 city from the
  state may be used for any corporate purpose of the authority.