State Codes and Statutes

Statutes > New-york > Pba > Article-5 > Title-11 > 1279-b

§  1279-b.  Transition--election  to  withdraw  from  the metropolitan  commuter transportation district. 1. The counties  of  Dutchess,  Orange  and  Rockland  shall  have  an  option to withdraw from the metropolitan  commuter transportation district and have such withdrawal take effect on  either: (a) January first, nineteen hundred eighty-seven.  If  any  such  county  plans  to  withdraw from the district on January first, nineteen  hundred eighty-seven, it shall (i) no later than seventy-five days after  the  effective  date  of  this  section,  furnish  the  commissioner  of  transportation,  and  chairman  of  the authority and the other counties  which have an option to withdraw, a resolution  adopted  by  the  county  legislature  providing  notice  of intent to withdraw, (ii) on or before  October first, nineteen hundred eighty-six, furnish to the  commissioner  of  transportation,  the  chairman  of  the authority and other counties  which have an option to withdraw, a resolution  adopted  by  the  county  legislature providing for a public transportation plan. For the purposes  of  this  section, a "public transportation plan" shall mean a plan that  maintains adequate and continuous public  transportation  services  from  the  withdrawing  county  to  the  city  of  New  York  or  any terminus  previously  served,  provides  a  reasonable  level  of  rail  passenger  service, provides a schedule for implementing such service, protects the  public  investment  in  the  rail  transportation  system  and any other  criteria deemed necessary by the commissioner of  transportation.  Prior  to  withdrawal  pursuant  to  this  paragraph  or  paragraph (b) of this  subdivision, a county must receive approval of its public transportation  plan pursuant to paragraph (c) of this subdivision, (iii) on  or  before  December   fifteenth,   nineteen   hundred   eighty-six,   furnish   the  commissioner  of  transportation,  a  copy  of  an  agreement  with  the  authority  or an operator of rail passenger service for the provision of  rail passenger service to and from such county and the city of New  York  or any terminus previously served.    If  a  county  planning to withdraw on January first, nineteen hundred  eighty-seven is unable  to  withdraw  because  it  could  not  meet  the  requirements  of  this  paragraph,  it may elect to withdraw pursuant to  paragraph (b) of this subdivision hereafter.    (b) January first, nineteen hundred  eighty-eight  or  January  first,  nineteen  hundred  eighty-nine.  If any such county plans to withdraw on  either January first, nineteen hundred eighty-eight  or  January  first,  nineteen  hundred  eighty-nine,  it  shall (i) no later than ninety days  after the first of January of the year immediately preceding the year in  which such county plans to  withdraw  from  the  district,  furnish  the  commissioner  of  transportation,  the chairman of the authority and the  other counties which have an option to withdraw, a resolution adopted by  the county legislature providing notice of intent to withdraw  from  the  district,  (ii) no later than one hundred twenty days after the first of  January of the year immediately preceding the year in which such  county  plans  to  withdraw  from  the  district  furnish to the commissioner of  transportation, the chairman of the authority  and  the  counties  which  have   an  option  to  withdraw  a  resolution  adopted  by  the  county  legislature providing a public transportation plan as described in  this  section,  (iii)  on  or  before  October  first  of the year immediately  preceding the year in which such  county  plans  to  withdraw  from  the  district,  furnish  to  the commissioner a copy of an agreement with the  authority or an operator of rail passenger service for the provision  of  rail  passenger service to and from such county and the city of New York  or any terminus previously served.    (c)  No  later  than  thirty  days  after  receipt   of   the   public  transportation   plan  the  commissioner  of  transportation  shall,  in  writing, either approve such plan as conforming  with  the  requirementsheretofore  described  or  disapprove  such plan as failing to meet such  requirements and the reasons therefor. Disapproval of a plan  shall  not  prohibit  a  county  from  resubmitting a public transportation plan and  such  resubmitted  plan  shall  be approved or disapproved no later than  fifteen days after receipt by the commissioner  of  transportation.  The  public  transportation  plan  shall  be  subject to any state or federal  public hearing requirements which the authority would be subject  to  if  the authority made the changes proposed by such plan.    (d)  Any  such  county  which plans to withdraw from the district must  meet the requirements of this section prior to  the  effective  date  of  withdrawal,  and  no  withdrawal  for the purposes of this section shall  take effect unless such county furnishes the resolutions  and  agreement  prior to the effective date of withdrawal.    2. The authority and any subsidiary corporation of the authority shall  enter  into  an  agreement  or  agreements  with  a county that plans to  withdraw from the district to transfer and assign  to  such  county  all  authority  and subsidiary railroad facilities and operations, rights and  obligations, and contract rights and  obligations,  including  operating  contract  rights  and obligations, which are owned, operated, maintained  or used directly or by contract or which are otherwise involved  in  the  provision  of  railroad  services to such counties. Such agreement shall  provide, in the event a facility,  operation,  right  or  obligation  is  necessary and material to the provision of rail passenger service in the  district  or  is  not  assignable  under  applicable  bond  covenants or  contracts or the parties agree that it should not be assigned, that  the  authority   or   subsidiary  thereof  shall  continue  to  hold  and  be  responsible for such facility, operation, right or obligation  and  that  such county shall reimburse to the authority that portion of the cost to  the   authority  or  subsidiary  of  its  retention  of  such  facility,  operation, right or obligation that is allocable to such county. If  the  parties agree that the authority or subsidiary thereof shall operate the  railroad  facilities  in  a  county  after  the  effective  date of such  county's withdrawal, the agreement also shall provide for the terms  and  conditions of the operation of such service.    3.  Within  forty-five days of the effective date of this section, the  authority and any subsidiary corporation of the authority shall  provide  to  the  counties  of Dutchess, Orange and Rockland a written statement,  including cost estimates and the useful life, if  any,  of  all  of  its  facilities, operations, rights and obligations relating to the provision  of rail service in such counties.    4.  The  authority  and any subsidiary corporation of the authority is  authorized to enter into an agreement or agreements with a  county  that  plans  to withdraw from the district, pursuant to which the authority or  subsidiary thereof will provide  technical  assistance  to  such  county  prior  to, during and after the withdrawal, with respect to the transfer  of ownership, operation, maintenance  and  use  of  railroad  facilities  within such county. Such agreement may provide that the county reimburse  the  authority  or  its subsidiary for the cost to the authority and its  subsidiary for the provision of such technical assistance.    5. The authority shall have no obligation to undertake or continue any  project or part thereof in a current  or  future  capital  program  plan  which  pertains  to  railroad  facilities within or services to a county  that withdraws from the district on or after such date of withdrawal nor  shall the authority enter into  any  contract  for  a  project  or  part  thereof  which would increase liabilities pursuant to subdivision six of  this section in a county after such county notifies the authority of its  intent to withdraw as provided  in  subdivision  one  of  this  section,  provided, however, that if the authority has executed a contract for theeffectuation  of  a project or part thereof in a capital program plan in  such county, it shall be assigned to  such  county  in  accordance  with  subdivision  two of this section, unless the parties agree that it shall  not  be assigned and that the authority or its subsidiary shall continue  to be responsible therefor, in which event the  county  shall  reimburse  the  authority  or  its  subsidiary in accordance with the provisions of  subdivision two of this section.    6. Any county which withdraws from the district shall reimburse to the  authority or its subsidiary, within the time period  agreed  to  by  the  parties, any capital expenditures heretofore undertaken by the authority  or  its subsidiary for railroad facilities only within such county which  were  financed  by  commuter  railroad  revenue  bonds  issued  by   the  metropolitan transportation authority pursuant to section twelve hundred  sixty-nine of this article and are assigned to such county in accordance  with the provisions of subdivision two of this section.    7.  The  obligations  of  a county that withdraws from the district to  reimburse the authority and any subsidiary corporation of the  authority  for  the  costs  of operation, maintenance and use of passenger stations  pursuant to section twelve hundred seventy-seven of this article,  shall  continue  for  any  such  costs incurred up to the effective date of the  county's withdrawal from the district and for costs incurred  thereafter  that  result  from acts preceding such withdrawal, and the applicability  of the payment provisions and procedures of such section twelve  hundred  seventy-seven  to  such county shall continue thereafter with respect to  the aforesaid costs.    8. In the event of a county's failure to make payment  of  any  monies  determined  by  the  authority  to  be owed and due it or any subsidiary  corporation of the authority pursuant to  the  terms  of  any  agreement  entered  into  pursuant  to this section, the authority is authorized to  recover such payments in the same manner as in  section  twelve  hundred  seventy-seven  of  this article and the state comptroller shall withhold  and pay monies to the authority in accordance with  the  procedures  set  forth in that section.    9.  The term of office of any resident of a county that withdraws from  the district under this section,  as  a  member  of  the  board  of  the  authority,  the  Metro-North  rail  commuter  council  or the management  advisory board, which is based upon  residence  in  such  county,  shall  terminate  upon  the  county's withdrawal and the office shall be deemed  vacant and filled in the manner provided by law.    10. The provisions of this section and all  agreements  undertaken  in  accordance herewith shall be subject to the rights of the holders of any  outstanding bonds or notes issued by the authority.

State Codes and Statutes

Statutes > New-york > Pba > Article-5 > Title-11 > 1279-b

§  1279-b.  Transition--election  to  withdraw  from  the metropolitan  commuter transportation district. 1. The counties  of  Dutchess,  Orange  and  Rockland  shall  have  an  option to withdraw from the metropolitan  commuter transportation district and have such withdrawal take effect on  either: (a) January first, nineteen hundred eighty-seven.  If  any  such  county  plans  to  withdraw from the district on January first, nineteen  hundred eighty-seven, it shall (i) no later than seventy-five days after  the  effective  date  of  this  section,  furnish  the  commissioner  of  transportation,  and  chairman  of  the authority and the other counties  which have an option to withdraw, a resolution  adopted  by  the  county  legislature  providing  notice  of intent to withdraw, (ii) on or before  October first, nineteen hundred eighty-six, furnish to the  commissioner  of  transportation,  the  chairman  of  the authority and other counties  which have an option to withdraw, a resolution  adopted  by  the  county  legislature providing for a public transportation plan. For the purposes  of  this  section, a "public transportation plan" shall mean a plan that  maintains adequate and continuous public  transportation  services  from  the  withdrawing  county  to  the  city  of  New  York  or  any terminus  previously  served,  provides  a  reasonable  level  of  rail  passenger  service, provides a schedule for implementing such service, protects the  public  investment  in  the  rail  transportation  system  and any other  criteria deemed necessary by the commissioner of  transportation.  Prior  to  withdrawal  pursuant  to  this  paragraph  or  paragraph (b) of this  subdivision, a county must receive approval of its public transportation  plan pursuant to paragraph (c) of this subdivision, (iii) on  or  before  December   fifteenth,   nineteen   hundred   eighty-six,   furnish   the  commissioner  of  transportation,  a  copy  of  an  agreement  with  the  authority  or an operator of rail passenger service for the provision of  rail passenger service to and from such county and the city of New  York  or any terminus previously served.    If  a  county  planning to withdraw on January first, nineteen hundred  eighty-seven is unable  to  withdraw  because  it  could  not  meet  the  requirements  of  this  paragraph,  it may elect to withdraw pursuant to  paragraph (b) of this subdivision hereafter.    (b) January first, nineteen hundred  eighty-eight  or  January  first,  nineteen  hundred  eighty-nine.  If any such county plans to withdraw on  either January first, nineteen hundred eighty-eight  or  January  first,  nineteen  hundred  eighty-nine,  it  shall (i) no later than ninety days  after the first of January of the year immediately preceding the year in  which such county plans to  withdraw  from  the  district,  furnish  the  commissioner  of  transportation,  the chairman of the authority and the  other counties which have an option to withdraw, a resolution adopted by  the county legislature providing notice of intent to withdraw  from  the  district,  (ii) no later than one hundred twenty days after the first of  January of the year immediately preceding the year in which such  county  plans  to  withdraw  from  the  district  furnish to the commissioner of  transportation, the chairman of the authority  and  the  counties  which  have   an  option  to  withdraw  a  resolution  adopted  by  the  county  legislature providing a public transportation plan as described in  this  section,  (iii)  on  or  before  October  first  of the year immediately  preceding the year in which such  county  plans  to  withdraw  from  the  district,  furnish  to  the commissioner a copy of an agreement with the  authority or an operator of rail passenger service for the provision  of  rail  passenger service to and from such county and the city of New York  or any terminus previously served.    (c)  No  later  than  thirty  days  after  receipt   of   the   public  transportation   plan  the  commissioner  of  transportation  shall,  in  writing, either approve such plan as conforming  with  the  requirementsheretofore  described  or  disapprove  such plan as failing to meet such  requirements and the reasons therefor. Disapproval of a plan  shall  not  prohibit  a  county  from  resubmitting a public transportation plan and  such  resubmitted  plan  shall  be approved or disapproved no later than  fifteen days after receipt by the commissioner  of  transportation.  The  public  transportation  plan  shall  be  subject to any state or federal  public hearing requirements which the authority would be subject  to  if  the authority made the changes proposed by such plan.    (d)  Any  such  county  which plans to withdraw from the district must  meet the requirements of this section prior to  the  effective  date  of  withdrawal,  and  no  withdrawal  for the purposes of this section shall  take effect unless such county furnishes the resolutions  and  agreement  prior to the effective date of withdrawal.    2. The authority and any subsidiary corporation of the authority shall  enter  into  an  agreement  or  agreements  with  a county that plans to  withdraw from the district to transfer and assign  to  such  county  all  authority  and subsidiary railroad facilities and operations, rights and  obligations, and contract rights and  obligations,  including  operating  contract  rights  and obligations, which are owned, operated, maintained  or used directly or by contract or which are otherwise involved  in  the  provision  of  railroad  services to such counties. Such agreement shall  provide, in the event a facility,  operation,  right  or  obligation  is  necessary and material to the provision of rail passenger service in the  district  or  is  not  assignable  under  applicable  bond  covenants or  contracts or the parties agree that it should not be assigned, that  the  authority   or   subsidiary  thereof  shall  continue  to  hold  and  be  responsible for such facility, operation, right or obligation  and  that  such county shall reimburse to the authority that portion of the cost to  the   authority  or  subsidiary  of  its  retention  of  such  facility,  operation, right or obligation that is allocable to such county. If  the  parties agree that the authority or subsidiary thereof shall operate the  railroad  facilities  in  a  county  after  the  effective  date of such  county's withdrawal, the agreement also shall provide for the terms  and  conditions of the operation of such service.    3.  Within  forty-five days of the effective date of this section, the  authority and any subsidiary corporation of the authority shall  provide  to  the  counties  of Dutchess, Orange and Rockland a written statement,  including cost estimates and the useful life, if  any,  of  all  of  its  facilities, operations, rights and obligations relating to the provision  of rail service in such counties.    4.  The  authority  and any subsidiary corporation of the authority is  authorized to enter into an agreement or agreements with a  county  that  plans  to withdraw from the district, pursuant to which the authority or  subsidiary thereof will provide  technical  assistance  to  such  county  prior  to, during and after the withdrawal, with respect to the transfer  of ownership, operation, maintenance  and  use  of  railroad  facilities  within such county. Such agreement may provide that the county reimburse  the  authority  or  its subsidiary for the cost to the authority and its  subsidiary for the provision of such technical assistance.    5. The authority shall have no obligation to undertake or continue any  project or part thereof in a current  or  future  capital  program  plan  which  pertains  to  railroad  facilities within or services to a county  that withdraws from the district on or after such date of withdrawal nor  shall the authority enter into  any  contract  for  a  project  or  part  thereof  which would increase liabilities pursuant to subdivision six of  this section in a county after such county notifies the authority of its  intent to withdraw as provided  in  subdivision  one  of  this  section,  provided, however, that if the authority has executed a contract for theeffectuation  of  a project or part thereof in a capital program plan in  such county, it shall be assigned to  such  county  in  accordance  with  subdivision  two of this section, unless the parties agree that it shall  not  be assigned and that the authority or its subsidiary shall continue  to be responsible therefor, in which event the  county  shall  reimburse  the  authority  or  its  subsidiary in accordance with the provisions of  subdivision two of this section.    6. Any county which withdraws from the district shall reimburse to the  authority or its subsidiary, within the time period  agreed  to  by  the  parties, any capital expenditures heretofore undertaken by the authority  or  its subsidiary for railroad facilities only within such county which  were  financed  by  commuter  railroad  revenue  bonds  issued  by   the  metropolitan transportation authority pursuant to section twelve hundred  sixty-nine of this article and are assigned to such county in accordance  with the provisions of subdivision two of this section.    7.  The  obligations  of  a county that withdraws from the district to  reimburse the authority and any subsidiary corporation of the  authority  for  the  costs  of operation, maintenance and use of passenger stations  pursuant to section twelve hundred seventy-seven of this article,  shall  continue  for  any  such  costs incurred up to the effective date of the  county's withdrawal from the district and for costs incurred  thereafter  that  result  from acts preceding such withdrawal, and the applicability  of the payment provisions and procedures of such section twelve  hundred  seventy-seven  to  such county shall continue thereafter with respect to  the aforesaid costs.    8. In the event of a county's failure to make payment  of  any  monies  determined  by  the  authority  to  be owed and due it or any subsidiary  corporation of the authority pursuant to  the  terms  of  any  agreement  entered  into  pursuant  to this section, the authority is authorized to  recover such payments in the same manner as in  section  twelve  hundred  seventy-seven  of  this article and the state comptroller shall withhold  and pay monies to the authority in accordance with  the  procedures  set  forth in that section.    9.  The term of office of any resident of a county that withdraws from  the district under this section,  as  a  member  of  the  board  of  the  authority,  the  Metro-North  rail  commuter  council  or the management  advisory board, which is based upon  residence  in  such  county,  shall  terminate  upon  the  county's withdrawal and the office shall be deemed  vacant and filled in the manner provided by law.    10. The provisions of this section and all  agreements  undertaken  in  accordance herewith shall be subject to the rights of the holders of any  outstanding bonds or notes issued by the authority.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Pba > Article-5 > Title-11 > 1279-b

§  1279-b.  Transition--election  to  withdraw  from  the metropolitan  commuter transportation district. 1. The counties  of  Dutchess,  Orange  and  Rockland  shall  have  an  option to withdraw from the metropolitan  commuter transportation district and have such withdrawal take effect on  either: (a) January first, nineteen hundred eighty-seven.  If  any  such  county  plans  to  withdraw from the district on January first, nineteen  hundred eighty-seven, it shall (i) no later than seventy-five days after  the  effective  date  of  this  section,  furnish  the  commissioner  of  transportation,  and  chairman  of  the authority and the other counties  which have an option to withdraw, a resolution  adopted  by  the  county  legislature  providing  notice  of intent to withdraw, (ii) on or before  October first, nineteen hundred eighty-six, furnish to the  commissioner  of  transportation,  the  chairman  of  the authority and other counties  which have an option to withdraw, a resolution  adopted  by  the  county  legislature providing for a public transportation plan. For the purposes  of  this  section, a "public transportation plan" shall mean a plan that  maintains adequate and continuous public  transportation  services  from  the  withdrawing  county  to  the  city  of  New  York  or  any terminus  previously  served,  provides  a  reasonable  level  of  rail  passenger  service, provides a schedule for implementing such service, protects the  public  investment  in  the  rail  transportation  system  and any other  criteria deemed necessary by the commissioner of  transportation.  Prior  to  withdrawal  pursuant  to  this  paragraph  or  paragraph (b) of this  subdivision, a county must receive approval of its public transportation  plan pursuant to paragraph (c) of this subdivision, (iii) on  or  before  December   fifteenth,   nineteen   hundred   eighty-six,   furnish   the  commissioner  of  transportation,  a  copy  of  an  agreement  with  the  authority  or an operator of rail passenger service for the provision of  rail passenger service to and from such county and the city of New  York  or any terminus previously served.    If  a  county  planning to withdraw on January first, nineteen hundred  eighty-seven is unable  to  withdraw  because  it  could  not  meet  the  requirements  of  this  paragraph,  it may elect to withdraw pursuant to  paragraph (b) of this subdivision hereafter.    (b) January first, nineteen hundred  eighty-eight  or  January  first,  nineteen  hundred  eighty-nine.  If any such county plans to withdraw on  either January first, nineteen hundred eighty-eight  or  January  first,  nineteen  hundred  eighty-nine,  it  shall (i) no later than ninety days  after the first of January of the year immediately preceding the year in  which such county plans to  withdraw  from  the  district,  furnish  the  commissioner  of  transportation,  the chairman of the authority and the  other counties which have an option to withdraw, a resolution adopted by  the county legislature providing notice of intent to withdraw  from  the  district,  (ii) no later than one hundred twenty days after the first of  January of the year immediately preceding the year in which such  county  plans  to  withdraw  from  the  district  furnish to the commissioner of  transportation, the chairman of the authority  and  the  counties  which  have   an  option  to  withdraw  a  resolution  adopted  by  the  county  legislature providing a public transportation plan as described in  this  section,  (iii)  on  or  before  October  first  of the year immediately  preceding the year in which such  county  plans  to  withdraw  from  the  district,  furnish  to  the commissioner a copy of an agreement with the  authority or an operator of rail passenger service for the provision  of  rail  passenger service to and from such county and the city of New York  or any terminus previously served.    (c)  No  later  than  thirty  days  after  receipt   of   the   public  transportation   plan  the  commissioner  of  transportation  shall,  in  writing, either approve such plan as conforming  with  the  requirementsheretofore  described  or  disapprove  such plan as failing to meet such  requirements and the reasons therefor. Disapproval of a plan  shall  not  prohibit  a  county  from  resubmitting a public transportation plan and  such  resubmitted  plan  shall  be approved or disapproved no later than  fifteen days after receipt by the commissioner  of  transportation.  The  public  transportation  plan  shall  be  subject to any state or federal  public hearing requirements which the authority would be subject  to  if  the authority made the changes proposed by such plan.    (d)  Any  such  county  which plans to withdraw from the district must  meet the requirements of this section prior to  the  effective  date  of  withdrawal,  and  no  withdrawal  for the purposes of this section shall  take effect unless such county furnishes the resolutions  and  agreement  prior to the effective date of withdrawal.    2. The authority and any subsidiary corporation of the authority shall  enter  into  an  agreement  or  agreements  with  a county that plans to  withdraw from the district to transfer and assign  to  such  county  all  authority  and subsidiary railroad facilities and operations, rights and  obligations, and contract rights and  obligations,  including  operating  contract  rights  and obligations, which are owned, operated, maintained  or used directly or by contract or which are otherwise involved  in  the  provision  of  railroad  services to such counties. Such agreement shall  provide, in the event a facility,  operation,  right  or  obligation  is  necessary and material to the provision of rail passenger service in the  district  or  is  not  assignable  under  applicable  bond  covenants or  contracts or the parties agree that it should not be assigned, that  the  authority   or   subsidiary  thereof  shall  continue  to  hold  and  be  responsible for such facility, operation, right or obligation  and  that  such county shall reimburse to the authority that portion of the cost to  the   authority  or  subsidiary  of  its  retention  of  such  facility,  operation, right or obligation that is allocable to such county. If  the  parties agree that the authority or subsidiary thereof shall operate the  railroad  facilities  in  a  county  after  the  effective  date of such  county's withdrawal, the agreement also shall provide for the terms  and  conditions of the operation of such service.    3.  Within  forty-five days of the effective date of this section, the  authority and any subsidiary corporation of the authority shall  provide  to  the  counties  of Dutchess, Orange and Rockland a written statement,  including cost estimates and the useful life, if  any,  of  all  of  its  facilities, operations, rights and obligations relating to the provision  of rail service in such counties.    4.  The  authority  and any subsidiary corporation of the authority is  authorized to enter into an agreement or agreements with a  county  that  plans  to withdraw from the district, pursuant to which the authority or  subsidiary thereof will provide  technical  assistance  to  such  county  prior  to, during and after the withdrawal, with respect to the transfer  of ownership, operation, maintenance  and  use  of  railroad  facilities  within such county. Such agreement may provide that the county reimburse  the  authority  or  its subsidiary for the cost to the authority and its  subsidiary for the provision of such technical assistance.    5. The authority shall have no obligation to undertake or continue any  project or part thereof in a current  or  future  capital  program  plan  which  pertains  to  railroad  facilities within or services to a county  that withdraws from the district on or after such date of withdrawal nor  shall the authority enter into  any  contract  for  a  project  or  part  thereof  which would increase liabilities pursuant to subdivision six of  this section in a county after such county notifies the authority of its  intent to withdraw as provided  in  subdivision  one  of  this  section,  provided, however, that if the authority has executed a contract for theeffectuation  of  a project or part thereof in a capital program plan in  such county, it shall be assigned to  such  county  in  accordance  with  subdivision  two of this section, unless the parties agree that it shall  not  be assigned and that the authority or its subsidiary shall continue  to be responsible therefor, in which event the  county  shall  reimburse  the  authority  or  its  subsidiary in accordance with the provisions of  subdivision two of this section.    6. Any county which withdraws from the district shall reimburse to the  authority or its subsidiary, within the time period  agreed  to  by  the  parties, any capital expenditures heretofore undertaken by the authority  or  its subsidiary for railroad facilities only within such county which  were  financed  by  commuter  railroad  revenue  bonds  issued  by   the  metropolitan transportation authority pursuant to section twelve hundred  sixty-nine of this article and are assigned to such county in accordance  with the provisions of subdivision two of this section.    7.  The  obligations  of  a county that withdraws from the district to  reimburse the authority and any subsidiary corporation of the  authority  for  the  costs  of operation, maintenance and use of passenger stations  pursuant to section twelve hundred seventy-seven of this article,  shall  continue  for  any  such  costs incurred up to the effective date of the  county's withdrawal from the district and for costs incurred  thereafter  that  result  from acts preceding such withdrawal, and the applicability  of the payment provisions and procedures of such section twelve  hundred  seventy-seven  to  such county shall continue thereafter with respect to  the aforesaid costs.    8. In the event of a county's failure to make payment  of  any  monies  determined  by  the  authority  to  be owed and due it or any subsidiary  corporation of the authority pursuant to  the  terms  of  any  agreement  entered  into  pursuant  to this section, the authority is authorized to  recover such payments in the same manner as in  section  twelve  hundred  seventy-seven  of  this article and the state comptroller shall withhold  and pay monies to the authority in accordance with  the  procedures  set  forth in that section.    9.  The term of office of any resident of a county that withdraws from  the district under this section,  as  a  member  of  the  board  of  the  authority,  the  Metro-North  rail  commuter  council  or the management  advisory board, which is based upon  residence  in  such  county,  shall  terminate  upon  the  county's withdrawal and the office shall be deemed  vacant and filled in the manner provided by law.    10. The provisions of this section and all  agreements  undertaken  in  accordance herewith shall be subject to the rights of the holders of any  outstanding bonds or notes issued by the authority.