New York Rapid Transit Law Section 69 - Cost of acquiring property.

69. Cost of acquiring property. The moneys necessary and sufficient to be paid for any property acquired in any manner under the provisions of this chapter, together with all expenses necessarily incurred in surveying, locating and acquiring title to such property, and for preparing the necessary maps and plans in connection therewith, shall be raised by the city, and all such expenses so incurred in surveying, locating and acquiring title, and for preparing necessary maps and plans, and also those incurred as provided in subdivision b of section fifty-three of this chapter, shall be deemed a part of and included in the cost of constructing the road, the construction of which rendered it necessary to acquire the property, in the course of the acquisition of which such expenses may be incurred.


Last modified: February 3, 2019