The Albany County Legislature hereby establishes a public utility
service, to be known as the "Albany County Public Utility Service"
(hereinafter "Service") pursuant to Article 14-A of the General Municipal
Law of the State of New York. The County of Albany shall operate,
manage and otherwise control in all respects that Service herein established.
The Service is empowered to construct, purchase, lease, own, acquire, use and/or operate any plant or facilities within or without its territorial limits for the purpose of furnishing to itself or for compensation to its inhabitants any services similar to that furnished by any public utility company specified in Article
4 of the Public Service Law of the State of New York. In furtherance of this purpose, the Service may purchase gas or electric energy from the state or from any state agency or other municipal corporation or from any private or public corporation.
The proposed method of the Service to construct, lease, purchase
and acquire the plant and facilities for such service shall be as
follows:
A. The County, on behalf of the Service, shall contract for or otherwise
purchase or acquire hydroelectric and/or such other economical forms
of adequate and reliable energy as may be available from the Power
Authority of the State of New York, the State of New York and any
state agency, any other municipal corporation and any private and
public corporation.
B. The County, on behalf of the Service, shall use, lease or acquire
the transmission, substation and distribution facilities necessary
to furnish such power to the County and/or for compensation to the
inhabitants of the County, and the County of Albany is hereby authorized
to negotiate an agreement with the public utility companies now serving
the residents of Albany County providing for the lease of the distribution
facilities of such companies to the extent required by the state and
federal law to enable the Service to deliver hydroelectric power purchased
by the Service to customers at the preferential rates pursuant to
the Niagara Redevelopment Act; and, therefore, the acquisition of
such facilities by condemnation will not be required, notwithstanding
provisions of law to which the County is empowered to condemn the
facilities of a public utility company for the purposes of carrying
out the provisions of this chapter. The power to acquire such facilities
by condemnation shall not be exercised by the County on behalf of
the Service unless specifically authorized by further resolution requiring
public referendum.
The purchase of energy and the use, lease or acquisition of
the transmission and distribution facilities by the Service will result
in no net cost nor net profit to the County, and the cost and resultant
rates for furnishing energy to the inhabitants of the County by the
Service shall include all costs associated with the purchase and distribution
of energy.
The method of furnishing the service of the public utility service
of the County of Albany shall consist of:
A. Purchasing and/or acquiring low-cost hydroelectric power and/or such
other economical forms of energy as shall be available from the Power
Authority of the State of New York and/or other available sources
as may be required to ensure power availability to all inhabitants
of Albany County.
B. Delivering said power to the Service for distribution and sale to
its customers in the County over the transmission facilities of such
other entities as may be required to ensure power availability to
all inhabitants of Albany County.
C. Installing requisite metering equipment to monitor the flow of energy.
D. Delivering said power, either directly by the Service or by others
under contract, over the transmission substation and distribution
facilities leased and/or contracted for, purchased and/or constructed
as above described for compensation to inhabitants of the County.
The County, on behalf of the Service, may contract with the local
public utility companies to deliver said power and collect and remit
to the County the charges thereof.
E. Constructing such facilities as necessary to accomplish the purpose
of said Service as said purposes are set forth herein.
The rates, rentals and charges for such service and the procedure
for their collection shall be fixed in the manner provided by Article
14-A of the General Municipal Law of the State of New York.