(1)The first
board of trustees elected pursuant to this part 1 shall be elected as follows: One for
the period of two years, one for the period of four years, and one for the period of
six years; and, at the end of each term, a board member shall be elected for a term
of six years. The ballot at the first election shall designate the term for which the
candidate is to be elected.
(2)Said board shall constitute a body corporate to be known as the trustees
of ............ waterworks, the name of the city or town to be inserted in said title, and
shall be a party to all suits, proceedings, and contracts, the same as are
municipalities in this state. Said board shall have control of all real estate owned,
controlled, or acquired on or after April 15, 1903, by the city or town or an
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(1) The first
board of trustees elected pursuant to this part 1 shall be elected as follows: One for
the period of two years, one for the period of four years, and one for the period of
six years; and, at the end of each term, a board member shall be elected for a term
of six years. The ballot at the first election shall designate the term for which the
candidate is to be elected.
(2) Said board shall constitute a body corporate to be known as the trustees
of ............ waterworks, the name of the city or town to be inserted in said title, and
shall be a party to all suits, proceedings, and contracts, the same as are
municipalities in this state. Said board shall have control of all real estate owned,
controlled, or acquired on or after April 15, 1903, by the city or town or any board of
trustees or other body used in connection with said waterworks in operating
waterworks constructed, including mains, pipes, reservoirs, buildings, machinery,
lands, leases, water, water rights and privileges of every kind belonging thereto,
and property of every kind and description, and the title to the same shall vest in
said board of trustees, and their successors in office, as trustees for the use and
benefit of the city or town or part or district of the city or town and the inhabitants
and property therein supplied from said waterworks.
(3) As soon as said board of trustees organizes, it shall have all the power to
manage, repair, control, and extend and have all other powers in and about and over
said property to acquire, purchase, and develop water and water rights and to
exchange and extinguish the indebtedness growing out of the same or existing as
of April 15, 1903, against waterworks possessed by any such city or town on said
date. A majority of the trustees shall be a quorum and competent to bind the whole
number by act and deed.
(4) The question of contracting a bonded debt or for funding or floating
bonded indebtedness shall be submitted to the registered electors of the city or
town or part or district of the city or town at a special election to be called for
voting upon such proposition; except that when the registered electors of any said
city or town, prior to the establishment of a board of trustees under this part 1, have
authorized by election the acquisition, construction, and operation of a municipal
waterworks system and the incurring of indebtedness therefor and indebtedness
for such purpose exists after creation of the board, no further election shall be
necessary to permit the contracting of additional bonded debt or for funding or
floating additional bonded indebtedness for the purpose of carrying out the powers
granted under this title to cities or towns regarding waterworks, water rights, and
property and the management, maintenance, development, and expansion thereof.
(5) The provisions of this part 1 regarding indebtedness and limitations
thereon in connection with water and waterworks shall apply to indebtedness
created by the board of trustees elected under this part 1 as shall the provisions of
other sections of the statutes of this state relating to bonded indebtedness for said
purposes.
(6) The board of trustees may employ a secretary.