357.26 - DUTIES OF TRUSTEES. - Iowa Statutes

357.26 DUTIES OF TRUSTEES. It is anticipated that this law will usually be utilized to finance a distribution system where the source of supply is without the district, and not under its control, and that individuals within the district will pay water rent to a municipality or corporation without the district. It is intended that the trustees may so operate the utility as will best serve the users, and they are expressly authorized to buy and sell water, to fix the rates to consumers and make all contracts reasonable or necessary to accomplish the purpose of this chapter and to carry on all the operations incident to maintaining and operating said utility and to the procuring and furnishing of water to the consumers therein. If the development of a source of supply is within the means of the district, the trustees may install wells, tanks, meters and any other equipment properly pertaining to operate it.          Section History: Early Form [C39, § 5526.26; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 357.26] Referred to in § 357.35