The town, by virtue of authority granted by its Charter and state law, is authorized and empowered to acquire, provide, construct, establish, maintain, and operate water, sewerage, and electric systems for the town and to extend those systems beyond the town boundaries. In accordance with this authority, there are hereby created a water system, a sewerage system, and an electric system for the town.
('70 Code, Ch. F, Art. I § l)
Statutory reference:
Authority to operate public service systems, see G.S. § 160A-312