﻿HYDROLOGY 
  OF 
  NEW 
  YORK 
  525 
  

  

  the 
  plans 
  and 
  provisions 
  of 
  the 
  act, 
  with 
  a 
  permanent 
  water 
  sup- 
  

   ply 
  from 
  the 
  State 
  catchment. 
  The 
  amount 
  to 
  be 
  paid 
  per 
  unit 
  of 
  

   water 
  for 
  such 
  supply 
  should 
  be 
  included 
  in 
  the 
  report. 
  

  

  Xo 
  street 
  distribution 
  mains, 
  or 
  other 
  apparatus 
  constituting 
  

   or 
  directly 
  pertaining 
  to 
  the 
  internal 
  distribution 
  system 
  of 
  any 
  

   municipality 
  should 
  be 
  constructed 
  by 
  the 
  State, 
  but 
  main 
  con- 
  

   duits 
  only, 
  terminating 
  at 
  the 
  boundaries 
  of 
  towns. 
  The 
  main 
  

   supply 
  system 
  would 
  be 
  under 
  the 
  control 
  of 
  the 
  State 
  water 
  sup- 
  

   ply 
  and 
  sewage 
  disposal 
  board. 
  

  

  In 
  case 
  the 
  electors 
  of 
  any 
  municipality 
  should 
  decline 
  to 
  ac- 
  

   cept 
  the 
  plan 
  proposed 
  at 
  the 
  election, 
  the 
  municipality 
  should 
  

   be 
  at 
  liberty 
  to 
  renew 
  its 
  application 
  at 
  any 
  time 
  after 
  a 
  year, 
  

   requesting 
  the 
  State 
  board 
  to 
  present 
  & 
  different 
  or 
  modified 
  

   plan, 
  but 
  it 
  should 
  be 
  optional 
  with 
  the 
  board 
  whether 
  to 
  present 
  

   such 
  modified 
  plan 
  or 
  present 
  the 
  one 
  previously 
  proposed. 
  

  

  The 
  State 
  board 
  should 
  be 
  empowered 
  to 
  issue 
  bonds 
  which 
  

   may 
  be 
  denominated 
  water 
  and 
  sewage 
  disposal 
  revenue 
  bonds. 
  

   The 
  body 
  of 
  the 
  bond 
  should 
  contain 
  a 
  declaration 
  that 
  the 
  

   security 
  therefor 
  was 
  the 
  annual 
  payment 
  collectable 
  from 
  the 
  

   municipality, 
  together 
  with 
  the 
  stipulation 
  that 
  a 
  sinking 
  fund 
  of 
  

   one 
  per 
  cent 
  per 
  annum 
  should 
  be 
  invested 
  and 
  held 
  in 
  trust 
  for 
  

   the 
  final 
  redemption 
  of 
  the 
  bonds. 
  The 
  bonds 
  could 
  have 
  fifty 
  

   years 
  to 
  run 
  and 
  should 
  not 
  bear 
  more 
  than 
  Sy 
  2 
  per 
  cent 
  interest. 
  

   The 
  annual 
  payments 
  of 
  the 
  several 
  municipalities, 
  to 
  meet 
  the 
  

   interest 
  on 
  the 
  bonds 
  and 
  provide 
  the 
  sinking 
  fund, 
  should 
  be 
  

   assessed 
  by 
  the 
  State 
  water 
  supply 
  and 
  sewage 
  disposal 
  board 
  

   each 
  year 
  in 
  proportion 
  to 
  the 
  quantity 
  of 
  water 
  used 
  by 
  each 
  

   municipality 
  and 
  the 
  special 
  expenditure 
  incurred 
  on 
  account 
  of 
  

   such 
  municipality. 
  The 
  moneys 
  collected 
  would 
  be 
  returned 
  to 
  

   the 
  State 
  Treasurer 
  and 
  by 
  him 
  deposited 
  in 
  the 
  treasury 
  as 
  a 
  

   pledge 
  for 
  the 
  security 
  of 
  the 
  bonds. 
  Provision 
  should 
  also 
  

   be 
  included 
  for, 
  the 
  collection 
  in 
  case 
  of 
  a 
  default 
  by 
  any 
  

   municipality. 
  

  

  The 
  act 
  should 
  provide 
  for 
  furnishing 
  water 
  to 
  private 
  com- 
  

   panies 
  which 
  already 
  hold 
  franchises 
  for 
  supplying 
  any 
  city 
  or 
  

   town, 
  but 
  it 
  should 
  not 
  be 
  furnished 
  to 
  any 
  such 
  private 
  company 
  

   at 
  a 
  less 
  price 
  than 
  to 
  a 
  public 
  water 
  supply. 
  The 
  tendency 
  of 
  

   such 
  an 
  act 
  would 
  be 
  to 
  uniformity 
  in 
  price 
  of 
  water 
  to 
  all 
  mu- 
  

   nicipalities 
  accepting 
  its 
  provisions. 
  

  

  