* ยง 1034. Sale of surplus. Whenever the productive capacity of the
plants and properties of the authority together with any gas or
electrical energy which it may acquire from other sources, creates a
surplus over the amount of light, heat and power, in any of such
services, required by the municipalities and residents of the district
to which such service is contracted, the authority may sell such surplus
in territory outside the district, either within or outside the county,
to persons, public or private corporations or other municipalities. In
acquiring, by purchase or condemnation, any plant or property in the
district which also serves any municipality or territory outside the
district, the authority, if it deems it advantageous and economical so
to do, may, with the approval of the public service commission and the
consent of the board of supervisors, serve any such municipality or
territory or sell gas, heat, power or electrical energy to persons,
public or private corporations in such territory or to such
municipality. The authority shall not in any case duplicate any service
already existing in any municipality or territory outside the district,
without the approval of the public service commission.
* NB Terminated July 1, 1963
Structure New York Laws
Article 5 - Public Utility Authorities
Title 2 - Albany Light, Heat and Power Authority
1026 - Albany Light, Heat and Power Authority.
1028 - Enlargement of District.
1030 - Deposit for Temporary Possession of Property.
1031 - Properties Acquired by the Authority.
1032 - Power to Furnish Service Within District.
1033 - Power to Contract With Municipalities Within District.
1035 - Bonds of the Authority.
1037 - State and County Not Liable on Bonds.
1038 - When Bonds Legal Investments for Fiduciaries.
1039 - Exemption From Taxation.
1040 - Remedies of Bondholders.
1041 - County May Levy Tax Within District.
1042 - Examination by Comptroller.
1043 - Title Not Affected if in Part Unconstitutional or Ineffective.