1.  All sewerage systems, light systems, water systems, light and water systems, or sewerage, light and water systems constructed, purchased or otherwise acquired under the provisions of NRS 710.400 to 710.590, inclusive, must be so constructed, purchased or otherwise acquired under the supervision and control of the board of county commissioners acting as the town board.

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2.  The board of county commissioners acting as the town board may:

(a) Purchase any sewerage system, light system, water system, water and light system, or sewerage, light and water system theretofore established or in use;

(b) Purchase the franchises, rights, privileges and plants thereof from the owners thereof, corporate or private, and improve or extend them; or

(c) Advertise for plans and specifications and bids for the construction of any or all of the systems authorized to be acquired by NRS 710.400 to 710.590, inclusive, as in cases of other public work.