55 - Projects undertaken by municipalities. - New York Statutes

§ 55. Projects undertaken by municipalities. Any municipality may undertake one or more projects, and for that purpose, any such municipality is hereby given the rights, powers and privileges and shall be subject to the duties and obligations granted to or imposed upon authorities with respect to projects by the provisions of this chapter. The municipality, however, shall be subject to the provisions of the local finance law, except as otherwise provided in section 20.00 of such law.