§ 402. Declaration of policy. It is hereby declared to be the policy of this state that any municipality acquiring, constructing, reconstructing, improving, bettering or extending an undertaking pursuant to this article shall manage such undertaking in the most efficient manner consistent with sound economy and public advantage to the end that the services of the undertaking shall be furnished at the lowest possible cost. No municipality shall operate such undertaking primarily as a source of revenue to the municipality, but shall operate such undertaking for the use and benefit of those served by such undertaking and for the promotion of the welfare and for the improvement of the health, safety, comfort and convenience of the inhabitants of the municipality.

Terms Used In N.Y. General Municipal Law 402

  • municipality: shall mean a county, town, city or village. See N.Y. General Municipal Law 401
  • undertaking: shall include the following revenue-producing undertakings, whether now existing or hereafter acquired or constructed: Causeways, tunnels, viaducts, bridges and other crossings; highways, parkways, airports, docks, piers and wharves; systems, plants, works, instrumentalities and properties used or useful in connection with (i) the obtaining of a water supply and the collection, treatment and disposal of water for public and private uses, (ii) the collection, treatment and disposal of sewage, waste and storm water, and (iii) resource recovery from municipal solid waste through the use of structures, machinery or devices involving the separation, extraction and recovery of useable materials, energy or heat; together with all parts of any such undertaking and all appurtenances thereto including lands, easements, rights of way, contract rights, franchises, approaches, connections, dams, reservoirs, sewage disposal plants, intercepting sewers, trunk, connecting and other sewer and water mains, filtration works, pumping stations and equipment. See N.Y. General Municipal Law 401