§ 17-1712 Water districts. In every such village any water districts
created or organized under the provisions of the town law, shall
continue and the board of trustees shall be and they are hereby vested
with the full management and control of such districts, and the water
systems constructed therein, and the assessment of the cost and expenses
thereof, which water districts shall until discontinued in the manner
hereinafter provided, be managed, controlled and operated and may be
extended or enlarged, by said board of trustees in the manner provided
in the town law; provided, however, that if any such village shall adopt
a general village water system, such water district or districts may be
discontinued upon the adoption of a proposition for such discontinuance
at a village election. In every such village any water supply district
organized under the town law or under the transportation corporations
law shall continue and the boundaries thereof may be extended or
modified by the board of trustees, or the board of trustees may
establish one or more additional water supply districts in said village,
by filing a certified copy of a resolution describing the bounds thereof
as extended or modified, or as established by the board of trustees, in
the office of the village clerk; and may contract with any corporation
in the name of the village to supply water for fire or other public
purposes to any such district or districts, or in case any such village
shall own or operate a water supply system the board of trustees may
supply water therefrom to any such district or districts for such
purposes and fix the amount of the rentals and charges therefor; and the
rentals or expenses thereof under any such contract, or for the supply
of water by the village shall annually, and in the same manner as other
expenses of the village are raised, be assessed, levied upon and
collected from the taxable property within such water supply districts,
respectively. No such contract shall be made for a longer period than
five years, nor shall the tax in any year for such rentals and expenses
exceed four mills on each dollar of the assessed value of the taxable
property within any such water supply district.