[HISTORY: Adopted by the Albany County Legislature 3-25-1969 by L.L. No. 1-1969. Amendments noted where applicable.]
As used in this chapter, the following terms shall have the
meanings indicated:
The acquisition, construction, reconstruction or improvement
of any rapid-transit railroad, omnibus, marine transportation or other
mass transportation capital facility and any capital equipment used
in connection therewith.
To assure the provisions of mass transportation services to
the public within the County of Albany, the County of Albany is hereby
authorized as follows:
A.
To acquire, construct, reconstruct, improve, equip, maintain or operate
one or more mass transportation projects.
B.
May enter into a contract or contracts for the acquisition by purchase
of all or any part of the property, plant and equipment of an existing
mass transportation facility actually used and useful for the convenience
of the public.
C.
To enter into a contract or contracts with any person, firm or corporation,
including a public authority, for the equipment, maintenance or operation
of a mass transportation facility owned, acquired, constructed, reconstructed
or improved by it.
D.
To enter into a contract or contracts for a fair and reasonable consideration
for mass transportation services to be rendered to the public by a
privately owned or operated mass transportation facility. Such power
shall include but not be limited to the power to appropriate funds
for payment of such consideration, and to provide that all or part
of such consideration shall be in the form of capital equipment to
be furnished to and used and maintained by such privately owned or
operated mass transportation facility.
The Chair of the County Legislature is hereby empowered and authorized to enter into the contracts referred to in § 44-2 herein.
