Section 1126. Advances on behalf of the authority; transfer of property to authority; acquisition of property by town for authority

1. In addition  to  any  powers  granted  to it by law, the town, from time to time, may
  appropriate sums of money to or on behalf of  the  authority  to  defray
  project  costs or any other costs and expenses of the authority. Subject
  to the rights of bondholders, the town may determine if  the  moneys  so
  appropriated  shall be subject to repayment by the authority to the town
  and, in such event, the manner and time or times for such repayment.
    2. The town or any other municipality may give, grant,  sell,  convey,
  loan,  license  the  use  of  or  lease to the authority any property or
  facility which is useful to the authority in  order  to  carry  out  its
  powers  under  this  title.  Any such transfer of property shall be upon
  such terms and conditions, subject to the rights of the holders  of  any
  bonds, as the authority and the town or other municipality may agree.
    3.  The  town  may  acquire by purchase or by exercise of the power of
  eminent domain real property in the name of the town for  any  corporate
  purpose of the authority.
    4.  Notwithstanding  the provisions of any other law, general, special
  or local to the contrary, real property acquired by the authority or the
  town from the state may  be  used  for  any  corporate  purpose  of  the
  authority.
    * NB There are 2 § 1126's