§ 1196-a. Policy and purposes. It is hereby declared to be the policy
of this state to enable local governments to provide expeditiously,
efficiently and effectively, safe and adequate supplies of water and
sewerage service for domestic and industrial use, both of which are
essential to the public health and to the social and economic well-being
of the people and communities of this state.

It is further declared that cooperation among local governments in the
provision of both water supplies and sewerage service may result in
economic and service benefits and should therefore be facilitated. It is
further declared that the provision of water supplies and sewerage
service may be independently supported by charges therefor, and that
revenue financing of the capital costs of improvements to systems
therefor should also be facilitated.

It is further declared that the availability to local governments of
locally organized public benefit corporations for the provision and
improvement of water supply and sewerage systems would facilitate
inter-local cooperation and revenue financing while maintaining local
responsibility and control and thereby promote the public health and
welfare.