N.Y. General Municipal Law 351 – Acquisition of real property; bonds
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§ 351. Acquisition of real property; bonds. Real property, or any interest therein including an easement, needed by a county, city, village or town for an airport or landing field shall be acquired, by purchase, if the county, city, village or town is able to agree with the owners on the terms thereof, and otherwise, by acquisition, in the manner provided by and subject to the provisions of the eminent domain procedure law. The purchase price or award for the real property or interest therein acquired for an airport or landing field may be paid for by appropriation of moneys available therefor or may be financed, in whole or in part, pursuant to the local finance law.
Terms Used In N.Y. General Municipal Law 351
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.