660 - Moneys of the authority.

§  660.  Moneys of the authority. All moneys of the authority shall be  paid to the treasurer of the county as agent of the authority, who shall  not commingle such moneys with any other moneys. Such  moneys  shall  be  deposited  in  a  separate  bank account or accounts. The moneys in such  accounts shall be paid out by  said  treasurer  on  requisition  of  the  chairman  of  the  authority  or  of such other person or persons as the  authority may authorize to make such requisitions. All deposits of  such  moneys  shall, if required by the treasurer or the authority, be secured  by obligations of the United States or of the state of  New  York  of  a  market  value  equal  at all times to the amount of the deposit, and all  banks and trust companies are authorized to give such security for  such  deposits.  The  comptroller  of the county is hereby authorized to audit  the  accounts  of  the  authority.  The  authority  shall  have   power,  notwithstanding  the  provisions  of  this section, to contract with the  holders of any of its notes and bonds as  to  the  custody,  collection,  securing,  investment  and payment of any moneys of the authority or any  moneys held in trust or otherwise for the payment of notes and bonds  or  in any way to secure notes and bonds, and to carry out any such contract  notwithstanding that such contract may be inconsistent with the previous  provisions  of  this  section. Moneys held in trust or otherwise for the  payment of notes and bonds or in any way to secure notes and  bonds  and  deposits  of  such moneys may be secured in the same manner as moneys of  the authority, and all banks and trust companies are authorized to  give  such security for such deposits.    The  accounts  of the authority shall be subject to the supervision of  the state comptroller.