New York Statutes

§ 1199-FF*2 — Appropriations for purposes of the authority; transfer of property to authority; acquisition of property by the county for authority; con...

New York·Law PBA Public Authorities·Title 8-E* Orange County Water Authority·Art. 5 Public Utility Authorities

* § 1199-ff. Appropriations for purposes of the authority; transfer of\nproperty to authority; acquisition of property by the county for\nauthority; contracts with county.

1.In addition to any powers granted\nto it by law, the county legislature may, from time to time, appropriate\nby resolution sums of money for purposes of the authority to defray\nproject costs or any other costs and expenses of the authority or to pay\namounts payable or anticipated to be payable to the authority pursuant\nto any contract authorized by this title. Subject to the rights of\nbondholders, the county legislature may determine if the moneys so\nappropriated shall be subject to repayment by the authority to the\ncounty and, in such event, the manner and time or times for such\nrepayment. In the event there

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