§ 2050-dd. Advances on behalf of authority; transfer of property to
authority; acquisition of property for authority. 1. In addition to any
powers granted to it by law, the legislative body of the towns may, from
time to time, appropriate by resolution sums of money to defray project
costs or any other costs and expenses of the authority. Subject to the
rights of bondholders, each such legislative body may determine if the
moneys so appropriated shall be subject to repayment by the authority to
any such town and, in such event, the manner and time or times for such
repayment. The towns or any other municipality within the area of
operation, may give, grant, sell, convey, loan, license the use of or
lease to the authority any property or facility which is useful in
connection with the exercise by the authority of its powers under this
title. Any such gift, grant, sale, conveyance, loan, license or lease
shall be for such consideration, be upon such terms and conditions,
subject to the rights of the holders of any bonds, as the authority and
such town or other municipality may agree. Any such gifts, grant, sale,
conveyance, loan or license shall not be subject to referendum,
permissive or mandatory.

2. The towns may acquire by purchase or condemnation real property in
the name of such towns or town for any corporate purpose of the
authority.