(70 ILCS 3705/12) (from Ch. 111 2/3, par. 199)
Sec. 12.
The board of trustees of any public water district organized
hereunder is authorized to acquire either by purchase or condemnation, and
to maintain, operate and to improve and extend such waterworks properties
within such district as the board of trustees may determine to be conducive
to the preservation of public health, comfort and convenience of such area,
and shall have power to make, enact and enforce all needful rules and
regulations in connection with the acquisition of any waterworks properties
or to the construction thereof, the improvement, extension, management,
maintenance, operation, care, protection and the use thereof, and it shall
be the duty of such board to establish rates and charges for water and
water service, which shall be sufficient at all times to pay the cost of
maintenance and operation, depreciation, and principal of and interest on
all bonds issued and other obligations incurred under the provisions of
Sections 1 through 23 of this Act.
(Source: Laws 1951, p. 1615.)
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