Legislation
SECTION 2046-E
Transfer of property
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 8, TITLE 13-C
§ 2046-e. Transfer of property. The town is authorized and empowered
to give, grant, sell, convey, loan, license the use of or lease, to the
agency, any property or facility of the town which is useful in
connection with the exercise by the agency of its powers under this
title. Any such gift, grant, sale, conveyance, loan, license or lease
shall be upon such terms and conditions, subject to the rights of the
holders of any bonds or notes, as the agency and the town may agree.
to give, grant, sell, convey, loan, license the use of or lease, to the
agency, any property or facility of the town which is useful in
connection with the exercise by the agency of its powers under this
title. Any such gift, grant, sale, conveyance, loan, license or lease
shall be upon such terms and conditions, subject to the rights of the
holders of any bonds or notes, as the agency and the town may agree.