12-3423. Same; agreement with federal government.

12-3423

Chapter 12.--CITIES AND MUNICIPALITIES
Article 34.--PORT AUTHORITIES

      12-3423.   Same; agreement with federal government. The board of directors of a port authority may enter into any agreement or contract with the United States of America or any agency or instrumentality thereof which it may consider advisable or necessary in order to obtain a grant of funds, a contract for purchase of its bonds, or any other aid or assistance in connection with the construction, addition, furnishing and equipping of any building or facility as herein defined.

      History:   L. 1969, ch. 89, § 23; July 1.