A township which constructs or purchases a hydroelectric generating facility may not incur any indebtedness for the construction or enlargement of a new or existing dam or impoundment structure but may incur indebtedness for repairs or reconstruction of an existing dam or impoundment in connection with the hydroelectric project.
Limitation on indebtedness
73 Pa.C.S. § 6706, under Manufacture and Sale of Electricity.
73 Pa.C.S. § 6706