557-A - Lands, easements and rights in land.

§  557-a. Lands, easements and rights in land. 1. Lands in fee simple,  easements and rights in land, including the right to cut off light,  air  and  access  (any  and  all  of which are in this section referred to as  "lands") shall after January first, nineteen hundred forty  be  acquired  as  provided  in  this  section  for  the  project  and other authorized  purposes, and the provisions of sections five hundred  fifty-five,  five  hundred fifty-six and five hundred fifty-seven of this chapter shall not  apply.    2. The authority may acquire lands for said project in the name of the  city   at  the  cost  and  expense  of  the  authority  by  purchase  or  condemnation pursuant to the condemnation law. The authority shall  have  the  use  and occupancy of such lands so long as its corporate existence  shall continue.    3. The city may, by resolution of the board of estimate,  or  by  deed  authorized  by such a resolution, convey, with or without consideration,  to the authority for the project the use and occupancy, for so  long  as  its  corporate  existence shall continue, of any lands then owned by the  city including lands which, by any other law,  are  inalienable  by  the  city,  and  such conveyance may reserve to the city such rights as shall  not  restrict  the  authority  in  the   construction,   reconstruction,  operation and maintenance of the project.    4.  The city may acquire lands in the name of the city for the project  or for the widening of existing roads,  streets,  parkways,  avenues  or  elevated  highways  or  for  new  roads,  streets,  parkways, avenues or  elevated highways connecting with  said  project,  or  partly  for  such  purposes and partly for other city purposes, by purchase or condemnation  in  the  manner provided by law for the acquisition of land by the city.  Contracts may be  entered  into  between  the  city  and  the  authority  providing  for  the  lands  to  be acquired by the city, and the part or  proportion of the cost and expense to be  paid  by  the  authority,  the  balance  to  be paid by the city, and terms and conditions of payment to  be made  by  the  authority.  Such  contracts  may  also  determine  the  improvements  and  construction to be done by the authority. Such roads,  streets, parkways, avenues and elevated  highways  connecting  with  the  project  shall  be  operated, maintained, and reconstructed by the city,  and except for the original construction and improvement thereof by  the  authority, the city shall have exclusive jurisdiction over them.    5.  The  mayor  may  authorize  a  contract  between  the city and the  authority and no other authorization on the part of the city for such  a  contract  shall be necessary. Any such contract may be so authorized and  entered into by the city and the payments required to  be  made  by  the  city may be made and financed notwithstanding that no provision therefor  shall  have  first  been  made  in  the  capital budget of the city. All  contractual or other obligations of the city incurred  in  carrying  out  the  provisions  of  this title shall be included in and provided for by  such capital budget of the city thereafter made, to the extent that they  may appropriately be included therein.