State Codes and Statutes

Statutes > New-york > Pba > Article-8 > Title-28-c > 2680-l

§ 2680-l. Agreement with county. The county is authorized to pledge to  and agree with the holders of any bonds issued by the authority pursuant  to  this  title  and  with  those persons or public corporations who may  enter into contracts with the authority, pursuant to the  provisions  of  this  title,  that the county will not alter, limit or impair the rights  hereby vested in the authority 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 authority shall  have  been  issued,  to  establish  and  collect rates, rents, fees and other charges referred to  in this title, to fulfill the terms of  any  agreements  made  with  the  holders  of  the  bonds  or  with  any public corporation or person with  reference to sports, recreation or cultural facilities or parts thereof,  or in any way impair the rights and remedies of the  holders  of  bonds,  until  the  bonds,  together  with  interest  thereon, 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 and such contracts  are fully performed on the part of the authority.

State Codes and Statutes

Statutes > New-york > Pba > Article-8 > Title-28-c > 2680-l

§ 2680-l. Agreement with county. The county is authorized to pledge to  and agree with the holders of any bonds issued by the authority pursuant  to  this  title  and  with  those persons or public corporations who may  enter into contracts with the authority, pursuant to the  provisions  of  this  title,  that the county will not alter, limit or impair the rights  hereby vested in the authority 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 authority shall  have  been  issued,  to  establish  and  collect rates, rents, fees and other charges referred to  in this title, to fulfill the terms of  any  agreements  made  with  the  holders  of  the  bonds  or  with  any public corporation or person with  reference to sports, recreation or cultural facilities or parts thereof,  or in any way impair the rights and remedies of the  holders  of  bonds,  until  the  bonds,  together  with  interest  thereon, 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 and such contracts  are fully performed on the part of the authority.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Pba > Article-8 > Title-28-c > 2680-l

§ 2680-l. Agreement with county. The county is authorized to pledge to  and agree with the holders of any bonds issued by the authority pursuant  to  this  title  and  with  those persons or public corporations who may  enter into contracts with the authority, pursuant to the  provisions  of  this  title,  that the county will not alter, limit or impair the rights  hereby vested in the authority 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 authority shall  have  been  issued,  to  establish  and  collect rates, rents, fees and other charges referred to  in this title, to fulfill the terms of  any  agreements  made  with  the  holders  of  the  bonds  or  with  any public corporation or person with  reference to sports, recreation or cultural facilities or parts thereof,  or in any way impair the rights and remedies of the  holders  of  bonds,  until  the  bonds,  together  with  interest  thereon, 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 and such contracts  are fully performed on the part of the authority.