New York Public Authorities Code § 3406

Transfer of property; relationship with the county; certain gifts, loans and guarantees by the county
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§ 3406. Transfer of property; relationship with the county; certain\ngifts, loans and guarantees by the county. 1. (a) By county ordinance\nonly, the county may contract, sell, convey, loan, license the use of,\nor lease to the corporation any property or assets (except monies\nappropriated by the county and payable to the corporation pursuant to\nsubdivision three and paragraph (a) of subdivision four of this\nsection), including its interest in Healthfirst Inc., which are useful\nin connection with the exercise by the corporation of any of its powers\nunder this title in order to transfer the facilities and operations in\nwhole or in part of any facility, operation or program of the county of\nNassau providing health care services, whether or not the provision of\nsuch facility, operation or program by the county is specifically\nmandated by state law, to the corporation by agreement between the\ncounty and the corporation and any subsequent renewal or amendment\nthereof. The powers conferred upon the county herein to sell, convey,\nloan, license the use of or lease property or assets of the county to\nthe corporation are in addition to any other powers granted to the\ncounty by law relating to the sale, conveyance, alienation, leasing,\nlicensing or loaning of real or personal property and are not subject to\nany law to the extent inconsistent herewith.\n  (b) Any such contract, sale, conveyance, loan, license or lease shall\nbe upon such terms and conditions, for such consideration which may\ninclude cash, services or any combination thereof which the county\ndetermines to be in the best interests of the citizens and taxpayers of\nthe county and for such term or terms of years, subject to the rights of\nthe holders of any bonds, as the corporation and the county may agree.\nNo real property of the county consisting of any health facility\ncurrently operated by Nassau county shall be transferred to the\ncorporation in fee, except under such restrictions regarding rights of\nfirst refusal, or other rights, to repurchase the property as the Nassau\ncounty legislature shall approve by act.  Any such contract, sale,\nconveyance, lease, loan or license shall not be subject to referendum,\npermissive or mandatory. In the event that the county contracts, sells,\nconveys, loans, licenses or leases any property or assets to the\ncorporation, the county may contract with the corporation to lease,\nborrow, license, operate, maintain, manage and provide services for such\nfacilities upon such terms and conditions and for such term or terms of\nyears, subject to the rights of holders of bonds, as the corporation and\nthe county may agree. The corporation, in furtherance of any purchase,\nconveyance or lease of any property or facility from the county, may\nassume the primary responsibility for the payment of the principal and\ninterest on any bonds or notes issued by the county for such property or\nfacility.\n  (c) Upon the terms and conditions and on the effective date set forth\nin the agreement between the county and the corporation entered into\npursuant to paragraph (a) of subdivision one of this section, such\ndepartments, agencies, facilities, services and other rights and\ninterest of the county pertaining to health care services as the county\nor corporation may agree shall be transferred to the corporation. Upon\nany such transfer, the county is authorized to restructure or eliminate\nall such departments, agencies or facilities.\n  2. The county may acquire by purchase, lease, or condemnation pursuant\nto the eminent domain procedure law, real property in the name of the\ncounty for any corporate purpose of the corporation.\n  3. In addition to any other powers granted to it by law and consistent\nwith the constitution and other provisions of law, the county may, from\ntime to time, appropriate sums of money to defray project costs or any\nother costs or expenses of the corporation including operating expenses.\n  Subject to

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