[HISTORY: Adopted by the City Council of the City of Geneva as indicated
in article histories. Amendments noted where applicable.]
[Adopted 3-2-1983 by L.L. No. 4-1983]
The City of Geneva does hereby find and determine that when certain
contracts between the Power Authority of the State of New York and others
expire respectively in 1985 and 1990 there may become available at those times
relatively inexpensive hydropower from the Power Authority's St. Lawrence
and Niagara River Hydroelectric Power Plants, and that there is a need for
the City of Geneva to authorize the purchase of such hydropower from the Power
Authority of the State of New York on behalf of and for the benefit of the
residents of this city: such hydropower to be in turn transmitted and then
distributed to the residential electric consumers of the city utilizing the
services, including the transmission and distribution systems, of the respective
public utility companies now serving the residents of the City of Geneva,
and by such process passing on to such residential electric consumers such
cost savings for electric use as may be derived therefrom.
The City of Geneva is hereby authorized to purchase hydroelectric power
and electricity from the Power Authority of the State of New York.
There is hereby established in the City of Geneva a Power Agency for
the purpose of purchasing hydroelectric power and electricity from the Power
Authority of the State of New York and passing on to the residents and consumers
of the City of Geneva such hydroelectric power and electricity and any cost
savings as may be derived therefrom, either directly or indirectly through
contracts with third parties. The composition, organization and operation
of said agency shall be governed by the resolution or resolutions of the City
Council of the City of Geneva.
This article shall not take effect unless and until approved by the
majority of electors at the next general election.
[1]
Editor's Note: Local Law No. 4-1983 was approved by the electorate
11-8-1983.
