In consideration for the benefits to be provided to the
town and its inhabitants from the proposed distribution of potable water by
the Authority, the Authority is hereby granted the nonexclusive franchise
to lay, install, construct, maintain, use, repair, remove, extend, operate
and replace water pipes, mains, valves, hydrants, standpipes and fixtures
appurtenant thereto (hereinafter collectively referred to as the "Authority's
equipment") on, in, under and through all streets within the town, as "street"
is defined in § 6-600 of the Village Law of the State of New York,
and other easements and rights-of-way owned by the town (hereinafter collectively
referred to as the "public areas"), subject to the conditions and regulations
hereinafter set forth.