(a)   The Town shall have and exercise with regard to all utilities and franchises all municipal powers, functions, and authority now existing and which may be hereafter provided by the State Constitution and State Statutes.
   (b)   The Town shall have the power and authority within or without the territorial limits of the Town to construct, condemn, purchase, acquire and lease public utilities and assets, equipment and everything in relation to or in connection therewith, including, without limitation, real estate or interests therein and water and water rights and interests therein, in whole or in part, for the use of the Town and its inhabitants.
   (c)   Except as otherwise provided by the State Constitution or this Charter, all powers concerning the granting, amending, revoking, terminating or otherwise acting in relation to franchises shall be exercised by the Board.