The management and control of the Fort Pierre Municipal Utilities is vested in the City Council. The City Council may take any action it deems advisable in the furtherance of any utilities or enterprises now existing or hereafter acquired under its control including the borrowing of money, issuance of bonds and other forms of indebtedness. The Council may contract with non-residents for the provision of water and sewer services at rates and under such conditions as the Council may determine. These powers shall not be limited except to the extent expressly prohibited by the Constitutions of the United States or the State of South Dakota, or this Charter.