State Codes and Statutes

Statutes > New-york > Pba > Article-8 > Title-16 > 2350-u

§  2350-u.  Agreements  with  the  county. The county is authorized to  agree with the holders of any bonds issued by  the  agency  pursuant  to  this  title  that  the county will not alter, limit or impair the rights  hereby vested in the agency to purchase,  construct,  own  and  operate,  maintain, repair, improve, reconstruct, renovate, rehabilitate, enlarge,  increase  and  extend,  or  dispose of any project, or any part or parts  thereof, for which bonds of  the  agency  shall  have  been  issued,  to  establish  and collect rents, fees and other charges referred to in this  title, to fulfill the terms of any  agreements  made  with  or  for  the  benefit of the holders of bonds or with any public corporation or person  with  reference to such project or part thereof, or in any way to impair  the rights and remedies of  the  holders  of  bonds,  until  the  bonds,  together  with  the  interest  thereon, including interest on any unpaid  installments of interest, and all costs and expenses in connection  with  any  action  or  proceeding  by or on behalf of the holders of bonds are  fully met and discharged.

State Codes and Statutes

Statutes > New-york > Pba > Article-8 > Title-16 > 2350-u

§  2350-u.  Agreements  with  the  county. The county is authorized to  agree with the holders of any bonds issued by  the  agency  pursuant  to  this  title  that  the county will not alter, limit or impair the rights  hereby vested in the agency to purchase,  construct,  own  and  operate,  maintain, repair, improve, reconstruct, renovate, rehabilitate, enlarge,  increase  and  extend,  or  dispose of any project, or any part or parts  thereof, for which bonds of  the  agency  shall  have  been  issued,  to  establish  and collect rents, fees and other charges referred to in this  title, to fulfill the terms of any  agreements  made  with  or  for  the  benefit of the holders of bonds or with any public corporation or person  with  reference to such project or part thereof, or in any way to impair  the rights and remedies of  the  holders  of  bonds,  until  the  bonds,  together  with  the  interest  thereon, including interest on any unpaid  installments of interest, and all costs and expenses in connection  with  any  action  or  proceeding  by or on behalf of the holders of bonds are  fully met and discharged.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Pba > Article-8 > Title-16 > 2350-u

§  2350-u.  Agreements  with  the  county. The county is authorized to  agree with the holders of any bonds issued by  the  agency  pursuant  to  this  title  that  the county will not alter, limit or impair the rights  hereby vested in the agency to purchase,  construct,  own  and  operate,  maintain, repair, improve, reconstruct, renovate, rehabilitate, enlarge,  increase  and  extend,  or  dispose of any project, or any part or parts  thereof, for which bonds of  the  agency  shall  have  been  issued,  to  establish  and collect rents, fees and other charges referred to in this  title, to fulfill the terms of any  agreements  made  with  or  for  the  benefit of the holders of bonds or with any public corporation or person  with  reference to such project or part thereof, or in any way to impair  the rights and remedies of  the  holders  of  bonds,  until  the  bonds,  together  with  the  interest  thereon, including interest on any unpaid  installments of interest, and all costs and expenses in connection  with  any  action  or  proceeding  by or on behalf of the holders of bonds are  fully met and discharged.