ten days thereafter, file with the Town Clerk of said Town an attested copy
<br /> of the instrument of acquisition and thereupon said real estate shall become
<br /> and be part of the District and shall be holden under this act in the same
<br /> manner and to the same extent as the real estate described in section one.
<br /> SECTION 13. Nothing in this act shall authorize the District to supply
<br /> ` water for domestic or other purposes to real estate being served with water
<br /> by the High Wood Water Company, Inc., a private water company, or its
<br /> assigns, on the effective date of this act, without first having acquired by
<br /> purchase, gift, lease, contract or by eminent domain under chapter seventy-nine
<br /> or chapter eighty A of the General Laws, rights to or ownership of such
<br /> of the properties of said High Wood Water Company, Inc., or its assigns,
<br /> 2 which are on said date located within that area included in the District and
<br /> which are served by said High Wood Water Company, Inc. or its assigns.
<br /> In case of any dispute by High Wood Water Company, Inc., or its assigns,
<br /> as to any real estate included in the District defined in section 1 of this
<br /> act or as added by the provisions of section 12, the Department of Public
<br /> Utilities, upon application of the District or of said High Wood Water Company,
<br /> Inc., or its assigns, shall conduct a hearing and issue an order of determination
<br /> to resolve the dispute.
<br /> SECTION 14. The District may, for the purpose of creating a stabilization
<br /> fund, appropriate in any fiscal year an amount not exceeding ten percent
<br /> (100,0) of the amount raised in the preceding fiscal year by taxation of real
<br /> estate. Any interest accruing shall be added to and become a part of the
<br /> fund. The stabilization fund may be appropriated at an annual meeting by
<br /> a two-thirds vote for any purpose for which the District would be authorized
<br /> to borrow money.
<br /> SECTION 15. The District Assessors may create an overlay fund
<br /> by adding to the amount to be assessed in accordance with Massachusetts
<br /> General Laws, Chapter 59, Section 25.
<br /> SECTION 16. The District may, by vote at a District Meeting, provide
<br /> for the levy of special assessments to meet the whole or part of the cost
<br /> thereafter incurred of laying pipes in public and private ways for the conveyance
<br /> or distribution of water to its inhabitants, in accordance with the provisions
<br /> Massachusetts General Laws, Chapter 40, Sections 42G, 42H, and 421.
<br /> SECTION 17. Upon acceptance of this act by the District at a meeting
<br /> held in accordance with the provisions of Section 8 and a subsequent majority
<br /> vote at the same meeting or a later meeting, and upon majority vote of
<br /> a duty called Mashpee Town Meeting authorizing the same, all assets, liabilities,
<br /> contractual rights, leases and obligations of the existing Water Department
<br /> of the Town of Mashpee, shall be transferred to and assumed by the Mashpee
<br /> Water District, and the existing Water Department of the Town of Mashpee
<br /> shall be dissolved and cease to exist, notwithstanding any prior Mashpee
<br /> Town Meeting acceptance of General Laws relating to water, water distribution
<br /> systems, or in any way relating to the creation of a Town of ,Mashpee Water
<br /> Department, election of Water Commissioners, or any other provision of
<br /> law to the contrary.
<br /> SECTION 18. Within one calendar year of acceptance of this act
<br /> h by District Meeting and Mashpee Town Meeting, the Water District shall
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