§ 112. Acquisition of a common supply. A common supply of water may
be acquired and developed (including acquisition or construction of all
facilities necessary for distribution of water in bulk) by all of the
contracting municipalities acting jointly or by the individual action of
one of the contracting municipalities, acting for all of the contracting
municipalities, as such municipalities may provide in the contract, or,
pursuant to contract therewith, by a public authority which possesses
express reciprocal powers of contract. Regardless of the method agreed
upon, title to all real or personal property acquired or constructed
shall be held jointly in the names of all of the contracting
municipalities subject to such provisions for disposition as the
contract between such municipalities may contain.

Rider I. Such water authority shall be deemed the agent of the county
or counties which are a party or parties to such contract. If such
contract shall authorize the water authority to purchase supplies or
equipment or to construct public works, such authority shall be subject
to all provisions of law to which a county would be subject in relation
to advertising and awarding any such contracts for supplies, equipment
or public works.