One (1) or more waterworks or sewerage systems, owned by one (1) or more persons or
corporations, may be acquired under authority of this part as a single enterprise,
and the governing body of a city or town shall be and is empowered to enter into agreement
with the owners as to the value of the waterworks or sewerage systems, and to purchase
the waterworks or sewerage systems at an agreed price to be fixed by resolution passed
by the governing body of the city or town upon three (3) separate readings on three
(3) separate days. The city or town shall be understood to have all authority necessary to combine
new works acquired under this part by purchase, construction or otherwise with any
similar existing works owned by the city or town, all to be a part of the same single
enterprise under the same supervision and control.
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