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2006 New York Code - Obligations For Capital Projects; Proceeds For Operating Expenses.



 
    §  24-353  Obligations  for  capital  projects; proceeds for operating
  expenses.  Expenditures  made  or  incurred  by  the   commissioner   of
  environmental  protection shall not be considered operating expenses but
  shall be deemed to be part of the acquisition, construction or  addition
  to a water supply or distribution system and may be financed in the same
  manner as the acquisition, construction or addition to a water supply or
  distribution system.

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