Section 264. Provision of funds by county or town

Whenever the board of
  supervisors shall have, by resolution, appropriated and made immediately
  available to the requisition of  the  department  of  transportation  an
  amount  sufficient  to  pay its share of the cost of the construction or
  improvement which is to be borne by the  county  within  which  a  state
  highway or section thereof is located, such amount so appropriated shall
  be  a  county  charge  and  shall be paid by the county treasurer of the
  county in which such highway or section thereof  is  located,  upon  the
  requisition  of  the  department of transportation.   Such amount may be
  provided pursuant to the local finance law, and the board of supervisors
  shall provide for the assessment, levy and collection by tax of  all  or
  any part of the share of the cost of such improvement apportioned to the
  county  which  has  not  been  provided  for  by  the issuance of county
  obligations. Any town may provide pursuant to the local  finance  law  a
  sufficient  sum  to  pay  the  share  of the cost of the construction or
  improvement of a state highway, which is to be  borne  by  the  town  as
  apportioned   by  the  department  of  transportation.    The  board  of
  supervisors shall, from time to time, impose upon the  taxable  property
  of  the  town a tax sufficient to pay the principal and interest of such
  town obligations, as the same shall become due. The board of supervisors
  shall provide for the assessment, levy and collection by tax of  all  or
  any  part of the share or shares of the town or towns which has not been
  provided for by the issuance of town obligations.