Every passenger transportation system owned by a municipal corporation may: (1) Engage in planning, studies and surveys with respect to areas within and beyond the corporate boundaries of such municipal corporation, in order to develop a sound factual basis for any possible future adjustment or expansion of such municipally owned passenger transportation system; (2) Purchase or lease privately owned passenger transportation systems: PROVIDED, That such purchases shall not, per se, extend the area of service of such municipally owned passenger transportation system; (3) Contract with privately owned passenger transportation systems in order to provide adequate service in the service area of the municipal transportation system.
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