(1) It has been found and determined by the General Assembly that: There exists a great deal of uncertainty and confusion in the laws of this state pertaining to municipal improvement districts created for the construction and operation of consolidated utility systems as defined in § 14-217-103;
(2) Some of these districts were created by special acts which can no longer be amended;
(3) The uncertainty and confusion contained in existing laws retards the creation of new districts and the growth and development of existing districts;
(4) This uncertainty and confusion can be corrected only by the enactment of a general law defining and clarifying the functions and powers of such districts.
(5) It is the purpose of this chapter, therefore, to provide a uniform and workable definition of the powers and functions of such districts.