State Codes and Statutes

Statutes > New-york > Pba > Article-8 > Title-13-ff > 2049-uu

§  2049-uu.  Solid waste facility reserve fund. The legislative bodies  of the counties may establish a special fund, to be known as solid waste  facility reserve fund of such county. There shall be  credited  to  such  reserve fund all amounts paid to such county and specifically designated  by the payor for deposit in such reserve fund, together with such county  moneys as may be appropriated thereto from time to time.  Moneys in such  reserve funds may be appropriated only for the purpose of paying amounts  due  from  the  county  under  the  terms  of  any contract entered into  pursuant to this title, for which an insufficient or  no  provision  has  otherwise been made, except that upon the adoption of a resolution by at  least  a  two-third  vote  of  the  voting  strength  of  such  counties  legislative body, all or any portion of the moneys in such reserve  fund  may  be  transferred to any other reserve fund established by the county  pursuant to the general municipal law. To the  extent  not  inconsistent  with the provisions of this section, the management of such reserve fund  and  the investment of moneys therein shall be subject to the provisions  of section six-h of the general municipal law.

State Codes and Statutes

Statutes > New-york > Pba > Article-8 > Title-13-ff > 2049-uu

§  2049-uu.  Solid waste facility reserve fund. The legislative bodies  of the counties may establish a special fund, to be known as solid waste  facility reserve fund of such county. There shall be  credited  to  such  reserve fund all amounts paid to such county and specifically designated  by the payor for deposit in such reserve fund, together with such county  moneys as may be appropriated thereto from time to time.  Moneys in such  reserve funds may be appropriated only for the purpose of paying amounts  due  from  the  county  under  the  terms  of  any contract entered into  pursuant to this title, for which an insufficient or  no  provision  has  otherwise been made, except that upon the adoption of a resolution by at  least  a  two-third  vote  of  the  voting  strength  of  such  counties  legislative body, all or any portion of the moneys in such reserve  fund  may  be  transferred to any other reserve fund established by the county  pursuant to the general municipal law. To the  extent  not  inconsistent  with the provisions of this section, the management of such reserve fund  and  the investment of moneys therein shall be subject to the provisions  of section six-h of the general municipal law.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Pba > Article-8 > Title-13-ff > 2049-uu

§  2049-uu.  Solid waste facility reserve fund. The legislative bodies  of the counties may establish a special fund, to be known as solid waste  facility reserve fund of such county. There shall be  credited  to  such  reserve fund all amounts paid to such county and specifically designated  by the payor for deposit in such reserve fund, together with such county  moneys as may be appropriated thereto from time to time.  Moneys in such  reserve funds may be appropriated only for the purpose of paying amounts  due  from  the  county  under  the  terms  of  any contract entered into  pursuant to this title, for which an insufficient or  no  provision  has  otherwise been made, except that upon the adoption of a resolution by at  least  a  two-third  vote  of  the  voting  strength  of  such  counties  legislative body, all or any portion of the moneys in such reserve  fund  may  be  transferred to any other reserve fund established by the county  pursuant to the general municipal law. To the  extent  not  inconsistent  with the provisions of this section, the management of such reserve fund  and  the investment of moneys therein shall be subject to the provisions  of section six-h of the general municipal law.