Where the price and terms are agreed upon, a borough may become the owner of and operate any water system owned and operated by a corporation furnishing water within the acquiring borough and in nearby municipal corporations. The borough may pay for the water system from the revenues derived from general obligation bonds or utility bonds issued in the manner provided by 53 Pa.C.S. Pt. VII Subpt. B (relating to indebtedness and borrowing).
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 8 - BOROUGHS AND INCORPORATED TOWNS
Section 2401 - Power to supply water and make regulations
Section 2402 - Contracts not to abridge powers
Section 2403 - Issue of bonds where water system acquired
Section 2404 - Refunding bonds
Section 2406 - Contracts to supply water for municipal purposes
Section 2407 - Power to supply water beyond limits of borough
Section 2408 - Assessment for water mains
Section 2409 - Sale of water system
Section 2411 - Appropriation of lands and waters
Section 2412 - Agreements as to damages
Section 2421 - Petition to court
Section 2422 - Appointment of appraisers
Section 2423 - Powers of appraisers
Section 2424 - Appeal from appraisement
Section 2425 - Authority to purchase and consent to sell
Section 2426 - Bond issue and limitations
Section 2431 - Lease of water system
Section 2432 - Term of lease and rental
Section 2433 - Operation of property
Section 2436 - Joint acquisition and construction
Section 2438 - Joint commission
Section 2441 - Acquisition of land
Section 2442 - Filing maps and plans
Section 2452 - Terms of commissioners and compensation
Section 2453 - Organization of commissioners
Section 2454 - Powers of commission
Section 2456 - Preparation of plans and specifications and contracts
Section 2457 - Reports by commission
Section 2462 - Notice and failure to make required connection