1. In all cases wherein such sewerage systems, light systems, water systems, water and light systems, or sewerage, light and water systems are constructed or acquired under the provisions of NRS 710.400 to 710.590 , inclusive, in such unincorporated towns, and those towns are afterward incorporated, the control and management of those systems is vested in their municipal governments. 2. In case the towns are incorporated while the work of construction is in progress, the work must nevertheless be carried on to completion by the board of county commissioners, and, when completed, the system must be turned over to the city government as soon as it has been organized, and it has control and management thereof. The city government shall then provide for the payment of the principal and interest on the bonds, when the revenues from the service of those systems are insufficient therefor, by the levy and collection of taxes as provided in NRS 710.400 to 710.590 , inclusive. 3. The county treasurer has custody of the sewerage, light, water, light and water, or sewerage, light and water funds, and the county treasurer shall turn those funds over to the city treasurer immediately upon the qualification of the city treasurer. The bonds, principal and interest must then be paid by the city government in all respects as prescribed for their payment by the board of county commissioners acting in behalf of the city. Whatever may be the designation of the board of control of the incorporated city, it succeeds to all the powers and privileges conferred on the board of county commissioners by the provisions of NRS 710.400 to 710.590 , inclusive.
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