Section 1299-H. Co-operation and assistance of other agencies

--1. To avoid
  duplication of effort and in the interests of economy, the authority may
  make  use  of existing studies, surveys, plans, data and other materials
  in the possession of any state agency or any municipality  or  political
  subdivision  of the state. Each such agency, municipality or subdivision
  is hereby authorized to make the same available  to  the  authority  and
  otherwise  to  assist  it  in  the  performance of its functions. At the
  request of the authority, each such agency, municipality or  subdivision
  which  is  engaged  in  highway or other transportation activities or in
  land use or development planning, or which is charged with the  duty  of
  providing  or regulating any transportation facility or any other public
  facility,  is  further  authorized  to  provide   the   authority   with
  information   regarding   its   plans   and   programs   affecting   the
  transportation district so that the authority may have available  to  it
  current  information with respect thereto. The officers and personnel of
  such  agencies,  municipalities  or  subdivisions,  and  of  any   other
  government or agency whatever, may serve at the request of the authority
  upon such advisory committees as the authority shall determine to create
  and  such  officers and personnel may serve upon such committees without
  forfeiture of office or employment and with no loss or diminution in the
  compensation, status, rights and privileges which they otherwise enjoy.
    2. Notwithstanding any contrary provision of law,  every  municipality
  in  this  transportation district is authorized and empowered to consent
  to the use by the authority of any real or personal  property  owned  by
  any  such  municipality  and  necessary,  convenient or desirable in the
  opinion  of  the  authority  for  any  of  the  facilities  or  projects
  authorized under this title, including such real property as has already
  been  devoted  to  a  public use, and as an incident to such consent, to
  lease or otherwise transfer and convey to the authority any such real or
  personal property upon such terms as may be determined by the  authority
  and  any  such  municipality. Every such municipality is also authorized
  and empowered, as an incident to such consent, to vest in the  authority
  the  control, possession, operation, maintenance, rents, charges and any
  and all  other  revenues  of  any  facilities  now  owned  by  any  such
  municipality,   the   title   to   such  facilities  remaining  in  such
  municipality.
    3. Notwithstanding any contrary provision of law,  every  municipality
  in  the  transportation  district  may,  by  ordinance,  local  law,  or
  resolution of its governing body,  make  covenants  with  the  authority
  which  shall  inure  to the benefit of the holders of any bonds or notes
  issued by the authority under this title and which shall be  a  part  of
  the contract with the holders of such bonds or notes, as to
    (a).  The authorizing of the construction of any facilities which will
  be competitive with any facilities owned or operated by the authority or
  within a reasonable sphere of operation or extension of such  facilities
  by the authority;
    (b).  Discontinuing  of  any  facilities  owned  or  operated  by  the
  municipality or any department or agency thereof;
    (c). Limitations on the licensing of  private  facilities  within  the
  territorial  limits  of  the  municipality  which  may  compete with the
  facilities owned or operated by the authority  or  within  a  reasonable
  sphere of operation or extension by the authority; and
    (d).  Transferring  to  the  authority  any powers or functions of the
  municipality or any department or agency thereof, or the control of  any
  property thereof.
    4.  The  commissioner  of  general  services  shall have power, in his
  discretion, from time to time to transfer and convey to  the  authority,
  or   to  a  subsidiary  corporation  of  the  authority,  and  for  such

  consideration as may be determined by him  to  be  paid  to  the  state,
  unappropriated  state  lands  and  lands under water which the authority
  shall certify to be necessary or desirable for the corporate purposes of
  the authority.