N.Y. General Municipal Law § 118: Development of a supply of water for sale

§ 118. Development of a supply of water for sale. Any city or village,

any county on behalf of a county water district and any town on behalf

of a town water district or water storage and distribution district may,

in addition to all other powers possessed with respect to the

development and distribution of water, provide for the development of a

supply of water in excess of its own needs, for the purpose of sale to a

public corporation or improvement district which possesses the power to

purchase a supply of water, and, any provision of law to the contrary

notwithstanding, may contract indebtedness for such purpose. The term

"public corporation" as used in this article shall mean a public

corporation as defined in the general corporations law.