§ 1290. Notes and bonds of the corporation. 1. (a) The corporation\nshall have power and is hereby authorized from time to time to issue its\nnegotiable or non-negotiable bonds and notes in conformity with\napplicable provisions of the uniform commercial code in such principal\namount, as, in the opinion of the corporation, shall be necessary to\nprovide sufficient funds for achieving its purposes, including the\nacquisition and construction, operation and maintenance of sewage\ntreatment works, sewage collecting systems, solid waste disposal\nfacilities, storm water collecting systems, water management facilities,\nair pollution control facilities, the removal, disposal and remediation\nof petroleum storage tanks and the remediation of the sites thereof and\nany other project or projects authorized pursuant to the provisions of\nthis title, and paying the cost thereof; the making of loans to persons\nand, for purposes of sections twelve hundred eighty-five-j, twelve\nhundred eighty-five-m and twelve hundred eighty-five-o of this title\nonly, to any municipality or recipient for such purposes; the making of\nloans, providing of financing or extension of credit to or on behalf of\nbeginning farmers for purposes of section twelve hundred eighty-five-r\nof this title only; the financing of the design, acquisition,\nconstruction, improvement and installation of all or any portion of\nRiverbank Park, provided however, that any such bonds or notes issued to\nfinance Riverbank Park shall only be issued in such principal amount as\nshall be necessary to provide sufficient funds for the repayment of\namounts disbursed pursuant to appropriations or reappropriations under\nchapter fifty-four of the laws of nineteen hundred ninety-one including\nany subsequent reappropriation of the unexpended balance of such\nappropriations or reappropriations for the purpose of Riverbank Park,\nplus an amount sufficient to fund any debt service reserve fund\nestablished by the corporation for the purpose of Riverbank Park and to\nprovide for the payment of fees and other charges and expenses of the\ncorporation in connection with such bonds and notes, which principal\namount shall constitute the statutory ceiling on the amount of bonds and\nnotes that can be issued for such purpose; the financing of all or any\nportion of any state park infrastructure project or reimbursement of the\nstate for expenditures relating thereto, plus an amount to provide for\nthe payment of fees and other charges and expenses of the corporation in\nconnection with such bonds and notes; the provision of funds to the\nstate for any amounts contributed or to be contributed to the water\npollution control revolving fund, the pipeline for jobs fund or the\ndrinking water revolving fund provided, however, that any such bonds or\nnotes issued to provide funds to the water pollution control revolving\nfund, the pipeline for jobs fund or the drinking water revolving fund\nshall only be issued in such principal amount as shall be necessary to\nprovide sufficient funds for the repayment of amounts disbursed pursuant\nto any appropriation or reappropriation enacted for the pipeline for\njobs fund or for the payment of the state match for federal\ncapitalization grants for the water pollution control revolving fund or\nthe drinking water revolving fund, plus an amount sufficient to fund any\ndebt service reserve fund and to provide for fees, charges and other\ncosts of issuance, which principal amount shall constitute the statutory\nceiling on the amount of bonds and notes that can be issued for such\npurpose; the financing of any environmental infrastructure projects\nauthorized by section twelve hundred eighty-five-p of this title; the\npurchase of municipal bonds and notes, and bonds and notes of a state\nagency, the payment of the cost of any project, the payment of interest\non bonds and notes of the corporation, the establishment of reserves to\nsecure such bonds and notes; the pro
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