§ 11-1124 Contracts for purchase and sale of water. 1. The board of
water commissioners may contract with the town board on behalf of the
town or a water supply, fire alarm or fire protection district thereof,
or with the board of trustees of a village or the board of fire
commissioners of a fire district, respectively, to furnish water for the
extinguishment of fires, including the furnishing, erection,
maintenance, care and replacement of fire hydrants, the erection and
maintenance of markers therefor, and the removal of snow and ice to
provide access thereto, or for sanitary or other public purposes, for
any period not exceeding ten years. The amount payable each year under
such a contract shall be raised as a part of the expenses of such town
or water supply, fire alarm or fire protection district thereof, village
or fire district, and paid to the treasurer of the village owning such
system of water works. Nothing herein contained shall be deemed to alter
or remove any of the limitations, restrictions or procedural
requirements provided in sections one hundred eighty-four-a and one
hundred eighty-four-b of the town law.

2. The board of water commissioners of any village maintaining its own
water distribution system may contract in the name of such village with
any public corporation or improvement district which possesses the power
to sell a supply of water, for the purpose of purchasing all or any
portion of the water supply of such village from such public corporation
or improvement district for such period as may be deemed necessary, but
not in excess of forty years. The term "public corporation" as used in
this subdivision shall mean a public corporation as defined in the
general corporations law and also any joint water works corporation
formed under the provisions of chapter six hundred fifty-four of the
laws of nineteen hundred twenty-seven, as amended.