§ 1439 — Agreements between villages in Nassau county and the county of Nassau, towns, special and school districts therein; and between villages ...

§ 1439. Agreements between villages in Nassau county and the county of\nNassau, towns, special and school districts therein; and between\nvillages in Westchester county and the county of Westchester, towns,\nspecial and school districts therein; and between villages in Suffolk\ncounty and the county of Suffolk, towns, special and school districts\ntherein, for the collection of taxes. 1. Notwithstanding the provisions\nof any general, special or local law, any village in the county of\nNassau, the county of Westchester and the county of Suffolk may, by\nresolution of its board of trustees, enter into an agreement with the\ncounty or any town, school district or special district therein with\nrespect to any parcel of real property upon which each of the parties\nhas tax liens. The resolutions of the governing bodies of the parties to\nthe agreement authorizing such parties to enter into the agreement may\nalso provide for the satisfaction and discharge of such tax liens of\nrecord although the amount realized from the sale or other disposition\nof the property pursuant to the agreement is insufficient to pay the\nfull amount of the tax liens of the parties to the agreement.\n 2. Such agreement may provide for the sale or other disposition of\nsuch parcel free and clear of all unpaid tax liens held by the parties\nthereto which liens accrued on or before the date of such sale or\ndisposition. Such agreement may also provide for:\n a. The disposition of such property even though for less than the full\namount of the tax liens of the parties.\n b. The distribution of the proceeds from the sale or such other\ndisposition of the property and arrangements for such distribution when\nthe proceeds are insufficient to discharge all such tax liens.\n Such an agreement may also be made between such village and any person\nhaving any tax lien on or any other right, title, interest or equity of\nredemption in such property.\n 3. When authorized by resolution of its board of trustees, any village\nin the county of Nassau, in Westchester county and in the county of\nSuffolk having a tax lien may protect such tax lien by bidding for and\npurchasing the real property affected by such tax lien at a judicial\nsale of such real property in any action for the foreclosure of a lien\nfor unpaid village, county, town, school or special district taxes or\nassessments for benefit or local improvements.\n 4. In order to carry out an agreement authorized by this section or\nbid for and purchase such property at a judicial sale as authorized by\nthis section, the board of trustees of such a village may:\n a. Provide funds in its budget for such purposes.\n b. Appropriate for such purposes any funds not otherwise appropriated.\n c. Provide funds for such purposes pursuant to the local finance law.\n 5. The term "tax lien," as used in this section, shall include liens\nfor taxes, and assessments for benefit or local improvements, whether or\nnot\n a. Such taxes or assessments have been relevied as a part of any\nannual tax;\n b. Any of such liens have been sold and certificates of sale issued\ntherefor;\n c. Deeds or conveyances have been issued by a treasurer or similar\nfiscal officer based upon such certificates of sale; or\n d. Deeds or conveyances have been issued pursuant to a judgment\nforeclosing any such lien.\n