N.Y. Village Law § 11-1124: Contracts for purchase and sale of water

§ 11-1124 Contracts for purchase and sale of water. 1. The board of

water commissioners may contract with the town board on behalf of the

town or a water supply, fire alarm or fire protection district thereof,

or with the board of trustees of a village or the board of fire

commissioners of a fire district, respectively, to furnish water for the

extinguishment of fires, including the furnishing, erection,

maintenance, care and replacement of fire hydrants, the erection and

maintenance of markers therefor, and the removal of snow and ice to

provide access thereto, or for sanitary or other public purposes, for

any period not exceeding ten years. The amount payable each year under

such a contract shall be raised as a part of the expenses of such town

or water supply, fire alarm or fire protection district thereof, village

or fire district, and paid to the treasurer of the village owning such

system of water works. Nothing herein contained shall be deemed to alter

or remove any of the limitations, restrictions or procedural

requirements provided in sections one hundred eighty-four-a and one

hundred eighty-four-b of the town law.

2. The board of water commissioners of any village maintaining its own

water distribution system may contract in the name of such village with

any public corporation or improvement district which possesses the power

to sell a supply of water, for the purpose of purchasing all or any

portion of the water supply of such village from such public corporation

or improvement district for such period as may be deemed necessary, but

not in excess of forty years. The term "public corporation" as used in

this subdivision shall mean a public corporation as defined in the

general corporations law and also any joint water works corporation

formed under the provisions of chapter six hundred fifty-four of the

laws of nineteen hundred twenty-seven, as amended.