§ 1149-d. Powers of the authority. The authority shall have the power:\n 1. To sue and be sued;\n 2. To have a seal and alter the same at pleasure;\n 3. To borrow money and issue negotiable notes, bonds, or other\nobligations and to provide for the rights of the holders thereof;\n 4. To enter into contracts and execute all instruments necessary or\nconvenient or desirable for the purposes of the authority to carry out\nany powers expressly given it in this title;\n 5. To acquire, by purchase, gift, grant, transfer, contract or lease\nor by condemnation pursuant to the eminent domain procedure law within\nthe district, lease as lessee, hold and use and to sell, lease as\nlessor, transfer or otherwise dispose of, any real or personal property\nor any interest therein, within or without the district, as the\nauthority may deem necessary, convenient or desirable to carry out the\npurpose of this title and to pay the costs thereof; provided, however,\nthat the authority may not condemn real property of a municipality\nwithout the consent of the governing body of such municipality;\n 6. To purchase or refuse to purchase in the name of the authority, any\nwater or sewerage facility, including plants, works, instrumentalities\nor parts thereof and appurtenances thereto, lands, easements, rights in\nland and water rights, rights-of-way, contract rights, franchises,\npermits, approaches, connections, dams, wells, pumps, reservoirs, water\nor sewer mains and pipe lines, pumping stations, treatment facilities,\nmeters, equipment and inventory, or any other property incidental to and\nincluded in such system or part thereof, and any improvements,\nextensions and betterments, situated wholly within the district and to\npay the costs thereof; provided, however that prior to the acquisition\nof any existing water or sewer district, the authority shall discuss and\nconsider the status of current employees of the water or sewer district;\nand further provided, however, that the authority shall have the power\nto purchase any source of supply, supply facility, water supply system,\nor transmission facility or any part thereof situated wholly or partly\nwithout the territorial limits of the district, provided same shall be\nnecessary in order to supply water within the district; and in\nconnection with the purchase of such properties the authority may assume\nany obligations of the owner of such properties and, to the extent\nrequired by the terms of any indentures or other instruments under which\nsuch obligations were issued, the authority may assume and agree to\nperform covenants and observe the restrictions contained in such\ninstruments; and furthermore the owner of any properties, which the\nauthority is authorized to acquire, is hereby authorized to sell or\notherwise transfer the same to the authority, whereupon the authority\nshall become charged with the performance of all public duties with\nrespect to such properties with which such owner was charged and such\nowner shall become discharged from the performance thereof, and as a\nmeans of so acquiring for such purpose, the authority may purchase all\nof the stock or any existing privately owned water corporation or\ncompany and in the case of a sale or other transfer of properties of a\npublic utility corporation pursuant to this provision, upon the purchase\nof the stock of such corporation or company it shall be lawful to\ndissolve such corporation within a reasonable time;\n 7. To construct, improve, maintain, develop, expand or rehabilitate\nwater or sewerage facilities and to pay the costs thereof;\n 8. To operate and manage and to contract for the operation and\nmanagement of facilities of the authority;\n 9. To enter into contracts, and carry out the terms thereof, for the\nwholesale provision of water produced by supply facilities constructed,\nowned or operated by the authority, to municipalities and private water\ncompanies and to carry out the terms thereof, for th
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