Creation of joint systems.

(A) The governing body of an authority may join another authority to form a joint system after ascertaining by resolution that a joint system best serves the interests of the authority, its citizens, and its customers. (B) A joint system may be formed: (1) to plan, finance, develop, construct, acquire, improve, enlarge, sell, lease, maintain, and operate a project to service the needs of its service area; (2) to create a finance pool; or (3) both. (C) A governing body of a member of a joint system may plan and enter a contract in connection with a project of the joint system consistent with the terms of this chapter. (D) An authority may conduct a study to assess the necessity and feasibility of a project. Effect of Amendment The 2007 amendment rewrote this section.