2006 New York Code - Contract To Provide For Reduction Of Price

 
    § 132. Contract to provide for reduction of price. Every such contract
  shall  also  provide  and require that during the term therein specified
  the  corporation  party  thereto  may  and  shall  supply  gas  to   the
  inhabitants  of such city at prices lower than those now or then charged
  therein by such corporation party thereto and  progressively  lower  for
  each  year  of  such  term;  any company or corporation bidding for such
  contract shall specify such several prices and reductions of  price  for
  the  several  classes  and  terms  of  gas supply, and the same shall be
  considered in the award of any such contract to the  bidders  or  bidder
  therefor,  and  the  corporation  receiving  any  such contract shall be
  entitled to charge and collect the prices therein specified  during  the
  continuance  thereof.  Nothing  in this article contained is intended or
  shall be construed to affect or impair any existing  right  or  contract
  except with the consent of the parties to any such contract.