§ 41-10-145 — Authority of municipalities, counties and special districts to transfer projects and property to district with or without consideration

Any municipality, county, special district or owner may and is
hereby authorized to sell, lease, grant, convey, transfer, or
pay over to any district with or without consideration any
project or any part or parts thereof or any interest in real or
personal property or any funds available for construction or
improvement purposes, including the proceeds of bonds previously
or hereafter issued for construction or improvement purposes
which may be used by the district in the construction,
improvement, maintenance or operation of any project. Any
municipality, county or special district is also authorized to
transfer, assign and set over to any district any contracts
which may have been awarded by the municipality, county or
special district for the construction of projects not begun or
if begun, not completed. The territory being served by any
project or the territory within which the project is authorized
to render service at the time of the acquisition of the project
by a district shall include the area served by the project and
the area in which the project is authorized to serve at the time
of acquisition and any other area into which the service may be
extended within the district, provided however, that where an
election is required either by general law or charter provision
to authorize such transfer, such election shall be forthwith
called and shall be conducted as provided by law.