208 - Joint administration and operation of special or improvement districts with town functions.

§  208.  Joint  administration and operation of special or improvement  districts with town functions. The town board of a town may for  use  in  common  by  one or more special or improvement districts therein and one  or more town functions, or combination thereof:    1. Acquire real or personal property.    2. Construct and maintain buildings and other structures.    3. Purchase and maintain equipment, materials and supplies.    4. Contract for services.    5. Transfer  or  reallocate  real  or  personal  property,  equipment,  material,  supplies  and  personnel  between or among such participating  districts and functions.    Whenever the powers hereinbefore provided are exercised  by  the  town  board  on  behalf  of  one  or more districts, such expenditure shall be  subject to the limitations provided in section two hundred two-b of this  chapter and shall be authorized in the manner provided in said section.    Any resolution providing for such joint operation  and  administration  shall fix a method for equitably allocating the cost and expense between  or among the various participating districts and functions on a ratio of  assessed valuations, or on the basis of the amount of services rendered,  or  the  cost  of  materials  used  or other benefit conferred. Any such  resolution authorizing the acquisition or  transfer  of  property  shall  provide for debit, credit or reimbursement of the appropriate fund.  The  affairs  of  such joint administration and operation shall be so managed  and adjusted that each participating district or function shall bear not  more than its equitable share of the common cost and expense.