Section 98-B. Municipal assistance to public authorities furnishing transportation services

Every city, village, town or county not wholly  contained within a city the whole or  any  part  of  which  is  directly
  served by a transportation facility operated by a public authority shall
  be  empowered  to make unconditional grants of money or property to such
  public authority for the purpose of assisting it in meeting its  capital
  or  operating expenses, provided such money does not consist of borrowed
  funds and such property has not been acquired by  the  use  of  borrowed
  funds.  Such  purpose  is hereby declared to be a city, county, town and
  village purpose. The term "transportation  facility,"  as  used  herein,
  shall include rapid transit, commuter railroad, omnibus, marine, airport
  and  aviation facilities. The provisions of this section are intended as
  enabling legislation only and shall not be interpreted as implying  that
  absent  their enactment a municipality would lack the power to authorize
  any such grant; but they shall not be interpreted as an authorization to
  public authorities generally to accept such grants.
    The acceptance of any such grant  by  a  public  authority  shall  not
  operate  to make such authority an agency of the municipality making the
  grant.