§ 1432. Deposit and disposition of revenue. 1. (a) All taxes collected
or received by the treasurer or his duly authorized agent under the
provisions of the local law enacted pursuant to this article shall be
deposited in accordance with provisions of a local law adopted by the
legislative body of Erie county which local law shall designate proper
officers to be responsible for deposit of revenue collected or received
under this article. Such local law shall also provide that any officer
designated to collect, receive, or deposit such revenue shall maintain a
system of accounts showing the revenue collected or received from the
tax imposed pursuant to this article. Such local law shall also provide
that an officer of the county shall pay to the Niagara Frontier
transportation authority all revenue deposited under this section. Such
payment shall be made on the tenth day of each month for the preceding
month.

(b) Distributions made to the Niagara Frontier transportation
authority shall be used only for operations of mass transportation
services provided by the Niagara Frontier transportation authority
within the county of Erie. All such distributions shall be made in
accordance with the provisions of a contract between the county of Erie
and the Niagara Frontier Transit Metro System, Inc. Such contract may
only be amended with the consent of the Niagara Frontier Transit Metro
System, Inc. and when authorized by at least a two-thirds vote of the
county legislature.

2. Notwithstanding the provisions of subdivision one of this section,
on and after the first day of April, nineteen hundred ninety-three,
distributions shall be paid into a repair reserve fund established by
the county pursuant to section six-d of the general municipal law for
the purpose of repair of county roads and bridges within such county.