247.050.  Powers of public water supply districts. — The following powers are hereby conferred upon public water supply districts organized under the provisions of sections 247.010 to 247.220:

  (1)  To sue and be sued;

  (2)  To purchase or otherwise acquire water for the necessities of the district;

  (3)  To accept by gift any funds or property for the uses and purposes of the district;

  (4)  To dispose of property belonging to the district, under the conditions expressed in sections 247.010 to 247.220;

  (5)  To build, acquire by purchase or otherwise, enlarge, improve, extend and maintain a system of waterworks, including fire hydrants;

  (6)  To contract and be contracted with;

  (7)  To condemn private property, within or without the district, needed for the uses and purposes in sections 247.010 to 247.220 provided for;

  (8)  To lease, acquire and own any and all property, equipment and supplies needed within or without the district in the successful operation of a waterworks system;

  (9)  To contract indebtedness and issue general or special obligation bonds, or both, of the district therefor, as herein provided;

  (10)  To acquire, by purchase or otherwise, a system of waterworks, and to build, enlarge, improve, extend and equip such system for the uses and purposes of the district;

  (11)  To certify to the county commission or county commissions of the county or counties within which such district is situate the amount or amounts to be provided by the levy of a tax upon all taxable property within the district to create an interest and sinking fund for the payment of general obligation bonds of the district and the interest thereon; and also

  (12)  To create an incidental fund to take care of all costs and expenses incurred in incorporating the district, and all obligations contracted prior thereto and connected therewith; and

  (13)  To purchase equipment and supplies needed in the operation of the water system of the district; provided, however, that the power to create an incidental fund by the levy of a general property tax shall cease after two annual levies therefor shall have been made, and such levy shall not exceed fifteen cents per annum on each one hundred dollars assessed valuation of taxable property within the district;

  (14)  To provide for the collection of taxes and rates or charges for water and water service;

  (15)  To sell and distribute water to the inhabitants of the district and to consumers outside the district, delivered within or at the boundaries of the district; to contract with another water district or a municipality to sell water within such water district or municipality according to the terms and provisions of such contract; to contract with another water district or municipality for such water district or municipality to sell water within the district according to the terms and provisions of such contract;

  (16)  To fix rates for the sale of water; and

  (17)  To make general rules and regulations in relation to the management of the affairs of the district.