Section 2052-U. Solid waste reserve fund

The legislative bodies of any of
  the local governments may establish a special fund, to be known  as  the
  solid  waste  reserve  fund  of  such  local  government. There shall be
  credited to such reserve fund all amounts paid to such local  government
  and  specifically  designated  by  the payor for deposit in such reserve
  fund, together with such moneys of  such  local  government  as  may  be
  appropriated  thereto from time to time. Moneys in such reserve fund may
  be appropriated only for the purpose of paying amounts due from any such
  local government under the terms of any contract entered  into  pursuant
  to  this  title, for which an insufficient or no provision has otherwise
  been made, except that upon the adoption of a resolution by at  least  a
  two-thirds  vote  of the voting strength of the legislative body of such
  local government, all or any portion of the moneys in such reserve  fund
  may  be  transferred to any other reserve fund established by such local
  government pursuant to the general municipal  law.  To  the  extent  not
  inconsistent with the provisions of this section, the management of such
  reserve  fund  and  the investment of moneys therein shall be subject to
  the provisions of section six-h of the general municipal law.