[HISTORY: Adopted by the Town Board of the Town of Sullivan 3-14-2003 by L.L. No. 1-2003. Amendments noted where applicable.]
The purpose of this chapter is to protect the health, safety, and well-being of persons within the Town of Sullivan by establishing an entity to provide the Town of Sullivan and its inhabitants with pure and wholesome water at reasonable rates.
This chapter is enacted pursuant to the provisions of the Statute of Local Governments and § 10 of the Municipal Home Rule Law.
The Town Board of the Town of Sullivan may, in its discretion and pursuant to the power and authority granted by the aforesaid laws, establish a Water Works Corporation pursuant to § 3 of the Transportation Corporations Law, the shares of capital stock of which Water Works Corporation shall be owned by the Town of Sullivan.
The officers and directors of the Water Works Corporation shall be the members of the Town Board of the Town of Sullivan, who may exercise all of the rights and privileges and shall perform all of the duties of officers and directors of transportation corporations pursuant to the Transportation Corporations Law.