New York Statutes

§ 1115-G — Transfer of sewerage or water systems by the city to the water board

New York·Law PBA Public Authorities·Title 6 Albany Municipal Water Finance Authority·Art. 5 Public Utility Authorities

§ 1115-g. Transfer of sewerage or water systems by the city to the\nwater board.

1.The city may, by resolution of the common council of the\ncity, enter into an agreement with the water board for the transfer to\nthe water board, for use in the exercise of its corporate powers and\npurposes, of the sewerage system or water system, or both, of the city\nas the same then shall be owned by the city. Any such agreement may\nprovide for the transfer of title of such system or systems by deed,\nlease or other arrangement to the water board. To the extent not\ninconsistent with this title, any such agreement may impose such\nlimitations or conditions as may be agreed upon by and between the city\nand the water board with respect to the power of the water board to sell\nor otherwise dispose of

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