The City shall possess, and hereby reserves to itself, all the powers granted cities by the Michigan Constitution and State law to own, operate, and maintain public utilities for supplying water, light, heat, power, gas, sewage treatment, and disposing or recycling of waste, as well as facilities for housing its citizens. The City may sell and deliver these and other services to residents in the City, and it may sell and deliver water, light, heat, power, gas and other utility services outside the City to the extent permitted by State law.