2040-E - Transfer of property.

§  2040-e.  Transfer  of property. Each of the towns is authorized and  empowered to give, grant, sell, convey, loan,  license  the  use  of  or  lease,  to  the authority, any property or facility of the town 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 upon such terms and conditions, subject to the  rights  of  the holders of any bonds or notes, as the authority and the town may  agree.