§ 1944. Appropriations for purposes of the authority; transfer of
property to the authority; acquisition of property by municipality for
authority; contracts with municipality. 1. In addition to any powers
granted to it by law, any municipality may, from time to time,
appropriate by resolution sums of money for purposes of the authority to
defray auditorium costs or any other costs and expenses of the authority
or to pay amounts payable or anticipated to be payable to the authority
pursuant to any agreement authorized by this title. Subject to the
rights of bondholders, such municipality may determine if the moneys so
appropriated shall be subject to repayment by the authority and, in such
event, the manner and time or times for such repayment.

2. Any municipality may give, grant, sell, convey, loan or license the
use of or lease to the authority any property, real, personal or mixed,
which is useful to the authority in order to carry out its powers under
this title. Any such transfer of property shall be for such term and
upon such terms and conditions, subject to the rights of bondholders, as
the authority and such municipality may agree, including provision for
the authority to assume the primary responsibility for the payment of
any bonds or notes issued by such municipality for such property.

3. Notwithstanding the provisions of any other law, general, special
or local to the contrary, real property acquired by the authority or any
municipality from the state may be used for any corporate purpose of the
authority.

4. One or more municipality and/or the authority shall have the power
to contract, from time to time, between or among themselves, in relation
to the auditorium which contracts may include any or all of the
following provisions: (i) requiring the use by any municipality of the
auditorium; (ii) limiting the right, including a prohibition, of any
municipality to construct a facility which will serve the same, or
substantially the same, function as the auditorium; (iii) requiring the
authority to reserve time in the auditorium to assure the availability
to any municipality of a specified use of the auditorium; (iv) providing
for specified minimum periodic payments by a municipality to the
authority, whether or not the auditorium is actually used by the
municipality, subject to such limitations, exceptions and provisions
therein, and (v) requiring any municipality to pay to the authority such
amounts as shall be necessary to assure the continued operation of the
authority. All such payments shall be determined and paid in such manner
and at such times as may be provided in such contracts.

5. Any gift, grant, sale, conveyance, loan, contract or lease
authorized by this section may be made or entered into by any
municipality and/or the authority without a public hearing being first
held therein and no such gift, grant, sale, conveyance, loan, contract
or lease shall be subject to referendum, permissive or otherwise.

6. Notwithstanding the provisions of any law, general, special or
local, or charter provision to the contrary, the city, by the
affirmative vote of not less than a majority of the entire voting
strength of the board of estimate of said city, may sell or transfer, by
deed, lease or other arrangement, to the authority the auditorium. Any
such agreement of sale or transfer shall be upon such terms and
conditions as the governing body of said city and the authority may
agree.