New York Statutes

§ 1230-K — Appropriations for purposes of the water board or the authority; transfer of property to the water board or authority; acquisition of pro...

New York·Law PBA Public Authorities·Title 10-B Niagara Falls Public Water Authority·Art. 5 Public Utility Authorities

§ 1230-k. Appropriations for purposes of the water board or the\nauthority; transfer of property to the water board or authority;\nacquisition of property by the city or municipality for the authority;\ncontracts with the city or any municipality.

1.In addition to any\npowers granted to it by law, the city or any municipality may, from time\nto time, appropriate by resolution sums of money for purposes of either\nthe water board or the authority to defray project costs or any other\ncosts and expenses of either the water board or the authority or to pay\namounts payable or anticipated to be payable to either the water board\nor the authority pursuant to any agreement authorized by this title.\nSubject to the rights of bondholders, the city, or such municipality may\ndetermine if the mon

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