§ 1226-f. General powers of the water board. Except as otherwise\nlimited by this title, the water board 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 enter into contracts and to execute all instruments necessary or\nconvenient or desirable for the purposes of the water board to carry out\nany powers expressly given it in this title, provided nothing herein\ncontained shall authorize the water board to borrow money or otherwise\ncontract indebtedness.\n 4. To enter into agreements with the authority, the board of water\nsupply and any municipality to provide a means whereby the authority\nshall finance the cost of constructing projects, as described in the\nagreement, and the water board may agree to assume title to any such\nproject, and to raise revenues from users through fees, rates or other\nservice charges necessary or appropriate to secure such financing and to\npay the cost of the operation, management and repair of any such\nproject.\n 5. To acquire, by purchase, gift, grant, transfer, contract or lease\nor by condemnation pursuant to the eminent domain procedure law, lease\nas lessee, hold and use any property, real, personal or mixed or any\ninterest therein, constituting or for use in connection with a project\nor otherwise, as the water board may deem necessary, convenient or\ndesirable to carry out the purposes of this title. In connection with\nthe acquisition of any property, the water board may assume and agree to\nperform covenants and observe the restrictions contained in any\ninstrument to which any such property is subject; and furthermore the\nowner of any properties, which the water board is authorized to acquire,\nis hereby authorized to sell or otherwise transfer the same to the water\nboard, whereupon the water board shall become charged with the\nperformance of all public duties with respect to such properties with\nwhich such owner was charged and such owner shall become discharged from\nthe performance thereof, and, subject to any limitations in any\nagreement entered into pursuant to this title, to sell, lease as lessor,\ntransfer or otherwise dispose of any such property or interest therein;\nprovided, however, that any property determined by the water board to be\nno longer necessary by the water board for use in fulfilling the\npurposes of the water board pursuant to this title which was acquired by\nthe water board from either the city or the board of water supply,\nexcept property identified at the time of transfer as being "southern\nreservoir property", shall be conveyed, immediately after such property\nhas been so determined to be no longer necessary by the water board, at\nno cost, to the city and, provided, further, that any property so\ndetermined to be no longer necessary by the water board which was\nidentified as "southern reservoir property" shall be conveyed,\nimmediately after such property has been so determined to be no longer\nnecessary by the water board, at no cost, to the city and the town of\nNew Hartford whereupon such property shall vest jointly in the city and\nthe town of New Hartford.\n 6. To acquire from any municipality, and/or the board of water supply,\ntitle to any water facility.\n 7. To make and amend by-laws for its organization and management and\nthe regulation of its affairs and rules and regulations governing the\nexercise of its powers and the fulfillment of its purposes under this\ntitle including the sale of water and the collection of fees, rates and\ncharges therefor. A copy of such rules, regulations and by-laws, and all\namendments thereto, duly certified by the secretary of the water board\nshall be filed in the office of the clerk of each municipality within\nthe service area.\n 8. To establish, fix, revise, charge and collect and enforce the\npayment of all fees, rates, and other service charges for the use of, or\nservices rendered by, or any commodities furnished by any water faci
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