124.256 Water supply system; sale and purchase of water; contracts.

160 words·~1 min read·/mi/chapter-124/124-256

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Sec. 6.

The authority and any of its constituent municipalities shall have authority to contract for the sale and purchase of water. The charges specified in such contract shall be subject to increase by the authority at any time if necessary in order to provide funds to meet its obligations. The authority and any city, village or township, which is not a constituent part thereof, may contract for the sale and purchase of water, which contract may provide for charges greater than those to the constituent municipalities, but the charges thereunder shall be subject to change by the authority from time to time.

The authority and any other public corporation may enter into a contract for the purchase by the authority of water from such public corporation. Any contract authorized herein shall be for a period of not exceeding 50 years.

History: 1952, Act 196, Imd. Eff. Apr. 29, 1952