Section 2050-DD. Advances on behalf of authority; transfer of property to authority; acquisition of property for authority

1. In addition to  any  powers granted to it by law, the legislative body of the towns may, from
  time  to time, appropriate by resolution sums of money to defray project
  costs or any other costs and expenses of the authority.  Subject to  the
  rights  of  bondholders, each such legislative body may determine if the
  moneys so appropriated shall be subject to repayment by the authority to
  any such town and, in such event, the manner and time or times for  such
  repayment.  The  towns  or  any  other  municipality  within the area of
  operation, may give, grant, sell, convey, loan, license the  use  of  or
  lease  to  the  authority  any  property  or facility which is useful in
  connection with the exercise by the authority of its powers  under  this
  title.  Any  such  gift, grant, sale, conveyance, loan, license or lease
  shall be for such consideration, be  upon  such  terms  and  conditions,
  subject  to the rights of the holders of any bonds, as the authority and
  such town or other municipality may agree. Any such gifts, grant,  sale,
  conveyance,  loan  or  license  shall  not  be  subject  to  referendum,
  permissive or mandatory.
    2. The towns may acquire by purchase or condemnation real property  in
  the  name  of  such  towns  or  town  for  any  corporate purpose of the
  authority.