2015 New York Laws
PBA - Public Authorities
Article 5 - PUBLIC UTILITY AUTHORITIES
Title 8-C - (1198-A - 1198-T) WATER AUTHORITY OF WESTERN NASSAU COUNTY
1198-R - Acquisition by eminent domain.

 1198-r. Acquisition by eminent domain. Notwithstanding any provision
  of  the  eminent domain procedure law to the contrary, in any proceeding
  brought by the authority pursuant to such law, title shall vest  in  the
  authority and compensation shall be paid only (a) upon a decision by the
  supreme  court  that compensation for the property so condemned shall be
  determined solely by the  income  capitalization  method  of  valuation,
  based  on  the  actual  net  income  as  allowed  by  the public service
  commission, and (b) upon such court's determination  of  the  amount  of
  such compensation, based upon the income capitalization method, entry of
  the  final  judgment, the filing of the final decree, and the conclusion
  of any appeal or expiration of the time to file an appeal related to the
  condemnation proceeding. Should any court determine  that  a  method  of
  compensation other than the income capitalization method be utilized, or
  if  the proposed award is more than the rate base of the assets taken in
  condemnation as utilized by the public  service  commission  in  setting
  rates  and  as certified by the public service commission, the authority
  may withdraw the condemnation proceeding without prejudice or  costs  to
  any party.