The village shall by resolution of necessity create an improvement district for purpose of extending the water mains and assess the cost thereof, not to exceed the benefits on abutting property as provided by law. Water mains will be extended and water furnished to consumers outside the village limits on such terms and conditions as shall be agreed to by the Board of Trustees. In the event that objections are made to the forming of an improvement district and are sufficient to prevent such formation, water main extension and assessment of costs, the village will extend its mains and furnish water to such applicant on such terms and conditions as shall be agreed to by the Board of Trustees. In any such extension and without regard to any contribution made, all water mains within village streets, public roads or on private lands for which an easement has been obtained on and shall remain the property and under sole control of the village.
(1979 Code, Ch. 8, § 14)