§ 1154. Powers of the authority. The authority shall have power:\n 1. To sue and be sued;\n 2. To have a seal and alter the same at pleasure;\n 3. To acquire, in the name of the authority, lease, hold and dispose\nof real estate and personal property or any interest therein for its\ncorporate purposes, including the power to purchase prospective or\ntentative awards in connection with the exercise of the power of\ncondemnation hereinafter granted;\n 4. To purchase, in the name of the authority, any water supply system,\nwater distribution system, including plants, works, instrumentalities or\nparts thereof and appurtenances thereto, lands, easements, rights in\nland and water rights, rights-of-way, contract rights, franchises,\napproaches, connections, dams, reservoirs, water mains and pipe lines,\npumping stations and equipment, or any other property incidental to and\nincluded in such system or part thereof, and any improvements,\nextensions and betterments, situated wholly within the county, provided,\nhowever, that the authority shall have the power to purchase any source\nof supply, or water supply system or any part thereof situated wholly or\npartly without the territorial limits of the district; and in connection\nwith the purchase of such properties the authority may assume any\nobligations of the owner of such properties and, to the extent required\nby the terms of any indentures or other instruments under which such\nobligations were issued, the authority may assume and agree to perform\ncovenants and observe the restrictions contained in such instruments;\nand furthermore the owner of any properties, which the authority is\nauthorized to acquire, is hereby authorized to sell or otherwise\ntransfer the same to the authority, whereupon the authority shall become\ncharged with the performance of all public duties with respect to such\nproperties with which such owner was charged and such owner shall become\ndischarged from the performance thereof, and in the case of a sale or\nother transfer of properties of a public utility corporation pursuant to\nthis provision, it shall be lawful to dissolve such corporation;\n 5. To supply and sell water for domestic, commercial and public\npurposes at retail to individual consumers within the county of Onondaga\nor at wholesale in the manner provided by subdivision eight of this\nsection as a means of so acquiring for such purposes, and the authority\nmay purchase all of the stock of any existing privately owned water\ncorporation or company, and thereafter, within a reasonable time, such\nwater corporation or company shall be dissolved;\n 6. To condemn in the name of the authority, within the territorial\nlimits of the county, any water supply system, water distribution\nsystem, including plants, works, instrumentalities, or parts thereof and\nappurtenances thereto, lands, easements, rights in land and water\nrights, rights-of-way, contract rights, franchises, approaches,\nconnections, dams, reservoirs, water mains and pipe lines, pumping\nstations and equipment or any other property incidental to and included\nin such system or part thereof, and any improvements, extensions and\nbetterments for the purpose of supplying water for domestic, commercial\nand public purposes at retail to individual consumers within the county\nof Onondaga or at wholesale in the manner provided by subdivision eight\nof this section. The authority shall exercise the power of condemnation\nhereby granted in the manner provided by the condemnation law and title\nto the properties described in the condemnation proceedings shall become\nand be vested in the authority in accordance with the provisions of the\ncondemnation law. In the exercise of such power of condemnation, the\nproperty being condemned shall be deemed, when so determined by the\nauthority, to be for a public use superior to the public use in the\nhands of any other person, association, or corporation, provided,\nhowever, that the au
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