§ 119-j. Costs. The share of each participating municipality of the
cost of providing common drainage facilities shall be fixed by the
contract. In the event that the acquisition and development of common
drainage facilities shall be effected by the individual action of one of
the participating municipalities, it shall be lawful for any of the
other participating municipalities to make a lump sum payment of its
share from moneys on hand and available for such purpose. Nothing herein
contained shall prevent the purchase or condemnation of existing
drainage facilities or portions thereof necessary for the purposes of
the joint project, provided, however, that there shall be no power to
condemn property the legal title to which is vested in a public
corporation, district corporation or a special improvement district
unless the owner shall consent thereto. In the event that any drainage
facility owned by one of the participating municipalities is acquired
for the purpose of the common facilities, such municipality may be
allowed a credit against its share of the cost equal to the agreed value
of the assets so acquired. The share of each participating municipality
may be paid from taxes levied for the fiscal year in which such
expenditure is to be made or may be financed as provided in title one-A
of article two of the local finance law.