N.Y. Railroad Law Section 198
Contracts for the adjustment of payments due certain cities


The board of estimate and apportionment, or if such board do not exist, the local authorities which have power to make appropriation of moneys to be raised by taxation, in any city having a population of three hundred thousand or more, shall have the power in their discretion, to enter into a contract or contracts on behalf of the city with any railroad corporation or corporations owning or operating street surface railroads or other railroads in such city, for the purpose of adjusting any or all differences now existing between such corporation or corporations and such city with respect to car license fees, percentages upon gross earnings, rentals and any other payments, other than taxes upon real and personal property, and capital stock, payable or claimed to be payable to the city under existing acts of the legislature, municipal ordinances, grants by, or contracts with, the municipal authorities or otherwise; and any such contract may provide for the payment of an annual amount to be ascertained as in such contract provided in lieu of any or all payments of any of the classes hereinbefore mentioned, other than taxes. Any such contract which shall be with a corporation operating lines of railroad by lease may provide for an annual payment, to be ascertained as in such contract provided, which shall be in lieu of any or all of the payments of any or all of said classes, other than taxes upon real and personal property and capital stock, which would otherwise be payable in respect of the leased lines so long as the lease or leases thereof shall continue. The annual payments provided for in any contract made under the authority of this section shall, so long as such contract is in force, supersede the payments which would otherwise be payable by the corporation or corporations making such contract and in lieu of which the annual payments provided for in such contract are substituted. Any contract made hereunder may, with the approval of the municipal authorities by whom the contract was made or their successors in office, be modified from time to time by the parties thereto for the purpose of meeting changed conditions. No contract shall be made or modified hereunder without the written consent and approval of the mayor and of the comptroller or other chief financial officer of the city.

Source: Section 198 — Contracts for the adjustment of payments due certain cities, https://www.­nysenate.­gov/legislation/laws/RRD/198 (updated Sep. 22, 2014; accessed Jun. 15, 2024).

170
Street surface railroads
171
Consent of property owners and local authorities
172
Consent of local authorities
173
Condition upon which consent shall be given
173‑A
The term “terminable permit” as used in this article shall mean and embrace every grant from a city, town or village of power, right or p...
173‑B
Every city, town and village of this state, in addition to such powers as it may have relating to the granting of rights, privileges, fra...
173‑C
Every city, town and village of this state shall have power, subject to the provisions of sections one hundred and seventy-three-a to one...
173‑D
Whenever any street surface railroad is or may be operated along or upon any of the streets, roads, highways, avenues, parks or public pl...
173‑E
The acceptance of a terminable permit, or the acceptance of an amendment to any existing license, grant, franchise, permit or consent inc...
173‑F
Every terminable permit, and every amendment to any existing license, grant, franchise, permit or consent incorporating therein the terms...
173‑G
Approval of permit or amendment by commissioner of transportation
173‑H
Existing license, grant, franchise, permit or consent reinstated on invalidity of amendment
174
Proceedings if property owners do not consent
175
Percentage of gross receipts to be paid in cities or villages
176
Extension of route over rivers
177
Use of tracks of other roads
178
Repair of streets
178‑A
Headlights
179
Within what time road to be built
180
Motive power
181
Rate of fare
182
Collection of fare
183
Construction of road in street where other road is built
184
Abandonment of part of route
185
Effect of dissolution of charter as to consents
186
Corporate rights saved in case of failure to complete road
187
Extensions and franchises confirmed
188
Certain consents of local authorities confirmed
189
Time extended for payment of percentage based on gross receipts
191
Road not to be constructed upon ground occupied by public buildings or in public parks
192
Center-bearing rails prohibited
192‑A
Relocation of tracks
193
Right to cross bridge substituted for a bridge crossed for five years
194
Protection of employees
195
Platforms on new cars, how constructed
196
Protection to employees in the counties of Albany and Rensselaer
197
Protection of employees in the counties of Kings and Queens
198
Contracts for the adjustment of payments due certain cities
201
Construction of park railroads in cities having a population of one million five hundred thousand or upwards
202
Consents of property owners
203
Expense of construction and operation
204
Agreements for payment of cost of construction by instalments
205
Disposition of income
206
Motive power
207
Railroads in parks in New York city, by whom constructed
209
Change of motive power authorized
210
New streets across other than steam surface railroads

Accessed:
Jun. 15, 2024

Last modified:
Sep. 22, 2014

§ 198’s source at nysenate​.gov

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