§ 2047-u. Solid waste facility reserve fund. The county legislature
may establish a special fund, to be known as the solid waste facility
reserve fund of the county. There shall be credited to such reserve fund
all amounts paid to the county and specifically designated by the payor
for deposit in such reserve fund, together with such county moneys as
may be appropriated thereto from time to time. Moneys in such reserve
funds may be appropriated only for the purpose of paying amounts due
from the county under the terms of any contract entered into pursuant to
this title, for which an insufficient or no provision has otherwise been
made, except that upon the adoption of a resolution by at least a
two-thirds vote of the voting strength of the county legislature, all or
any portion of the moneys in such reserve fund may be transferred to any
other reserve fund established by the county pursuant to the general
municipal law. To the extent not inconsistent with the provisions of
this subdivision, the management of such reserve fund and the investment
of moneys therein shall be subject to the provisions of section six-h of
the general municipal law.