General Municipal Law 111 — Legislation
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SECTION 110
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ARTICLE 5-B
Common Water Supplies
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SECTION 112
Acquisition of a common supply
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SECTION 111
Contracts
General Municipal (GMU) CHAPTER 24, ARTICLE 5-B
§ 111. Contracts. Two or more municipalities are hereby empowered to
enter into a contract to provide for a common supply of water, including
joint acquisition, construction, operation and maintenance. Such
contract shall provide for the method of acquisition or construction of
the common supply; the management and operation of the system; the
method of fixing the proportionate share of each participating
municipality and of making contributions; the method of making annual
adjustments of the proportionate shares of the annual cost and expense;
the method of collection of water rates and other charges, and
enforcement thereof; the accumulation of reserves; the fixing of rate
schedules and other charges; the adoption of rules and regulations
covering the operation of the system and the conditions of sale; the
adjudication of disputes and all other matters necessary to effectuate
such an arrangement.