§ 16. Anything in this act to the contrary notwithstanding, no
property now or hereafter vested in or held by any county, city,
borough, village, township or other municipality shall be taken by the
port authority, without the authority or consent of such county, city,
borough, village, township or other municipality as provided in said
compact of April thirty, nineteen hundred twenty-one, provided that the
state in which such county, city, borough, village, township or other
municipality is located may authorize such property to be taken by the
port authority by condemnation or the exercise of the right of eminent
domain without such authority or consent; nor shall anything herein
impair or invalidate in any way any bonded indebtedness of the state, or
such county, city, borough, village, township or other municipality, nor
impair the provisions of law regulating the payment into sinking funds
of revenue derived from municipal property, or dedicating the revenues
derived from municipal property, to a specific purpose. The port
authority is hereby authorized and empowered to acquire from any such
county, city, borough, village, township or other municipality, or from
any other public agency or commission having jurisdiction in the
premises, by agreement therewith, and such county, city, borough,
village, township, municipality, public agency or commission,
notwithstanding any contrary provision of law, is hereby authorized and
empowered to grant and convey upon reasonable terms and conditions, any
real property, which may be necessary for the construction, operation
and maintenance of such bridges and tunnels, including such real
property as has already been devoted to a public use. Each of the two
said states hereby consent to the use and occupation of the real
property of such state necessary for the construction, operation and
maintenance of bridges and tunnels constructed or operated pursuant to
the provisions of this act, including lands of the state lying under
water.