N.Y. Public Authorities Law § 1034: Sale of surplus

* § 1034. Sale of surplus. Whenever the productive capacity of the

plants and properties of the authority together with any gas or

electrical energy which it may acquire from other sources, creates a

surplus over the amount of light, heat and power, in any of such

services, required by the municipalities and residents of the district

to which such service is contracted, the authority may sell such surplus

in territory outside the district, either within or outside the county,

to persons, public or private corporations or other municipalities. In

acquiring, by purchase or condemnation, any plant or property in the

district which also serves any municipality or territory outside the

district, the authority, if it deems it advantageous and economical so

to do, may, with the approval of the public service commission and the

consent of the board of supervisors, serve any such municipality or

territory or sell gas, heat, power or electrical energy to persons,

public or private corporations in such territory or to such

municipality. The authority shall not in any case duplicate any service

already existing in any municipality or territory outside the district,

without the approval of the public service commission.

* NB Terminated July 1, 1963