N.Y. General City Law § 21-e: Operating assistance for water-works corporations in certain cities

§ 21-e. Operating assistance for water-works corporations in certain

cities. Each city having a population of more than one million may

provide operating assistance to a water-works corporation subject to the

provisions of the public service law which provides water service in

such city for the purpose of reducing or eliminating disparity between

rates charged for such service by the municipal water supply system of

such city and rates charged by such water-works corporation, and in

furtherance of such purpose the chief executive officer of such city may

enter into an agreement with such water-works corporation and expend

such sums as may be appropriated therefor so as to effect a reduction of

rates of such water-works corporation.