N.Y. Public Authorities Law Section 2055
Acquisition of land for the project

The authority may acquire lands for the project. It shall have the power to sell, lease or otherwise dispose of said real property and shall retain and have the power to use the proceeds of sale, rentals or other moneys derived from the disposition thereof for its purposes. Notwithstanding any law to the contrary, the county may, by legal instrument authorized by a resolution, lease real property, owned by the county, to the authority, with or without consideration, for so long as the authority’s existence shall continue. * NB Authority dissolved September 1, 1977

Source: Section 2055 — Acquisition of land for the project, https://www.­nysenate.­gov/legislation/laws/PBA/2055 (updated Sep. 22, 2014; accessed Jul. 6, 2024).

Jul. 6, 2024

Last modified:
Sep. 22, 2014

§ 2055’s source at nysenate​.gov

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