§ 423. Powers and duties of municipalities. A municipality is hereby authorized to:

Terms Used In N.Y. Transportation Law 423

  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.

1. Undertake and carry out any municipal transportation infrastructure renewal project for which state assistance is received or is to be received pursuant to this article.

2. To expend money received from the state together with other moneys available to it for costs incurred for any such project.

3. To contract with any person, firm, corporation or agency, either governmental or private, for the purpose of accomplishing the purposes of this article.

4. To apply for and receive moneys of the state and the federal government for the purposes of accomplishing projects undertaken or to be undertaken pursuant to this article.

5. To perform such other and further acts as may be necessary, proper or desirable in order to carry out municipal transportation infrastructure renewal projects or any obligation, duty or function relating thereto.