§ 101.00 Giving or loaning of municipal credit and contracting\nindebtedness other than for municipal purposes prohibited. a. No\nmunicipality, school district or district corporation shall:\n 1. Give or loan its credit to or in aid of any individual, or public\nor private corporation or association, or private undertaking, or\n 2. Contract indebtedness except for the purposes of such municipality,\nschool district or district corporation.\nNotwithstanding the foregoing provisions of this paragraph:\n 1. If any municipality or any county or town on behalf of an\nimprovement district is authorized by a general law or by a special law\n(a) to provide a supply of water, in excess of its own needs, for sale\nto any other public corporation or improvement district, (b) to provide\nfacilities, in excess of its own needs, for the conveyance, treatment\nand disposal of sewage, from any other public corporation or improvement\ndistrict, or (c) to provide facilities, in excess of its own needs, for\ndrainage purposes from any other public corporation or improvement\ndistrict, the indebtedness contracted by the municipality for such an\nobject or purpose shall be deemed to be for a county, city, town or\nvillage purpose, as the case may be.\n 2. If any two or more municipalities and county and town improvement\ndistricts are authorized by a general law or by a special law (a) to\nprovide for a common supply of water, (b) to provide for the common\nconveyance, treatment and disposal of sewage or (c) to provide for a\ncommon drainage system, the joint indebtedness, or the several\nindebtedness for a specific proportion of the cost, contracted by the\nmunicipality for such an object or purpose shall be deemed to be for a\ncounty, city, town or village purpose, as the case may be.\n 3. If any two or more municipalities and school districts and county\nand town improvement districts are authorized by a general law or by a\nspecial law to join together to provide any municipal facility, service,\nactivity or undertaking which each of such units has the power to\nprovide separately, the joint indebtedness, or the several indebtedness\nfor a specific proportion of the cost, contracted by the municipality or\nschool district for such an object or purpose shall be deemed to be for\ncounty, city, town, village or school district purpose, as the case may\nbe.\n b. This section shall not be deemed to prevent:\n 1. A county from contracting indebtedness for the following purposes:\n (a) Advancing to a city, town or school district, pursuant to law, the\namount of unpaid taxes.\n (b) Financing tax refunds required to be made by section seven hundred\ntwenty-six of the real property tax law.\n (c) Paying to the state the state tax levied against such county.\n 2. A town from contracting indebtedness for the following purposes:\n (a) Advancing to a county or school district, pursuant to law, the\namount of unpaid taxes.\n (b) Paying to a county such town's share of the state tax levied\nagainst such county if such town is required by law to levy and collect\nsuch tax.\n 3. A city from contracting indebtedness for the following purposes:\n (a) Advancing to a county or school district, pursuant to law, the\namount of unpaid taxes.\n (b) Paying to a county such city's share of the state tax levied\nagainst such county if such city is required by law to levy and collect\nsuch tax.\n 4. A municipality from making such provision for the aid, care and\nsupport of the needy, including the aid, care and support of neglected\nand dependent children and of the needy sick, as may be authorized by\nlaw.\n 5. A county, city or town from providing, pursuant to law, for the\ncare, support, maintenance and secular education of inmates of orphan\nasylums, homes for dependent children or incarcerated individuals in\ncorrectional institutions and of children placed in family homes by\nauthorized agencies, whether under public or private control.\n 6. A mu
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