[HISTORY: Adopted by the Board of Trustees of the Village of Canton 8-5-1996 by L.L. No. 4-1996. Amendments noted where applicable.]
This chapter shall be known and may be cited as the "Municipal Power Law of the Village of Canton, Local Law No. 4 of 1996."
The provisions of this chapter are deemed to enable the Village of Canton to construct, lease, purchase, own, acquire, use and/or operate, as it may deem fit, any public utility service within or without its territorial limits, for the purpose of furnishing to itself, or for compensation to its inhabitants, any service similar to that furnished by any public utility company specified in Article 4 of the New York Public Service Law. The provisions of this chapter are deemed to bring the Village of Canton into compliance with the provisions of Article 14A of the New York General Municipal Law.
The plant and facilities for such service, to the extent prudent and necessary, shall be acquired by condemnation in accordance with the laws, rules and regulations of the State of New York from Niagara Mohawk Power Corporation or shall be purchased or constructed or leased in accordance with the laws of the State of New York.
The maximum cost of such plant and facilities to be acquired by condemnation from Niagara Mohawk Power Corporation or to be purchased, leased or constructed shall be $6,894,283. The estimated costs thereof are $2,075,500.
The method of furnishing service shall be through a contract or contracts to be entered into in accord with the laws of the State of New York and/or the development, construction, operation and maintenance by the municipal electric utility of any necessary generation, transmission, distribution and incidental facilities and equipment.