Vermont § 5 - Powers of the District The District shall have power:

§ 5. Powers of the District The District shall have power:

• (1) To sue and be sued. (2) To have a seal and alter the same at pleasure. (3) To acquire, in the name of the District lease, hold, and dispose of real estate and
  personal property or any interest therein for its corporate purposes, including the
  power to purchase prospective or tentative awards in connection with the exercise
  of the power of condemnation hereinafter granted. (4) To purchase, design, or build in the name of the District, any water supply system,
  water distribution system, including plants, works, instrumentalities, or parts thereof
  and appurtenances thereto, lands, easements, rights in land and water rights, rights
  of-way, contract rights, franchises, approaches, connections, dams, reservoirs, water
  mains and pipe lines, pumping stations and equipment, or any other property incidental
  to and included in such system or part thereof, and any improvements, extensions and
  betterments; the District may purchase or accept by deed of gift any source of supply,
  or water supply system or any part thereof situated wholly or partly without the territorial
  limits of the District. (5) To assume any obligations of the owner of any water system or any part thereof and,
  to the extent required by the terms of any indentures or other instruments under which
  such obligations were issued, the District may assume and agree to perform covenants
  and observe the restrictions contained in such instruments; and furthermore, the owner
  of any properties, which the District is authorized to acquire, is hereby authorized
  to sell or otherwise transfer the same to the District, whereupon the District may
  as it may agree become charged with the performance of any or all public duties with
  respect to such properties with which such owner was charged and such owner may become
  discharged from the performance thereof to the extent agreed upon by the District,
  and in the case of a sale or other transfer of properties of a public utility corporation
  pursuant to this provision, it shall be lawful to dissolve such corporation. (6) To purchase all of the stock of any existing privately owned water corporation or
  company, and thereafter, within a reasonable time, such water corporation or company
  shall be dissolved. (7) To condemn in the name of the District, within the territorial limits of the District
  any property interest in the manner and as provided by 24 V.S.A. §§ 3301-3304. (8) To sell water to any or all municipalities or privately owned public water supply
  and distribution systems