Laws of New York (Last Updated: November 21, 2014)

Section 11-1100. Contracts for water supply

Latest version.

The board of water commissioners
  may  contract,  in  the  name  of  the  village,  with  an individual or
  corporation for supplying water to the village for  extinguishing  fires
  or for other public purposes; but such contracts shall not be made for a
  longer  period  than  forty  years. The amount of such contract shall be
  paid in installments in accordance with  the  resolution  of  the  board
  authorizing same.

                    
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