§ 130. Operation of hydro-electric plants at Crescent and Vischer Ferry.
184 words·~1 min read·
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§ 130. Operation of hydro-electric plants at Crescent and Vischer
Ferry. The corporation shall have charge of the hydro-electric plants
constructed pursuant to chapter five hundred thirty-two of the laws of
nineteen hundred twenty-two for the development and generation into
electric energy of water power available at the structures known as the
Crescent and Vischer Ferry dams located on the canalized Mohawk river
between the city of Schenectady and the village of Waterford, and shall
exercise the same powers over such structures as it has over other
structures on the canal system. The said structures shall be maintained
and operated as a part of the canal system.
Notwithstanding any general or special law to the contrary, the
corporation, upon the approval of the state comptroller, and the
division of the budget, is authorized to enter into a negotiated
contract for the sale of surplus electricity produced at the Crescent
and Vischer Ferry dams, upon such terms and conditions as are beneficial
to the state including the corporation. Any revenue realized from the
sale of such surplus electricity shall be deposited into the canal fund.