(1) Any city that owns and operates its own water or light plant may acquire a franchise to furnish water and light to any other city, in the same manner that any private corporation or individual may acquire such a franchise.
(2) Any city that owns and operates its own water or light plant may contract with any other city to furnish water and light to that other city. Those contracts may be entered into by the legislative bodies of the cities, and the legislative bodies are given full power to so contract in regard to the furnishing of water or light. Each contract shall be specific in its terms. Any city may pay to any other city a rental for water and light from year to year, or for a term of years.
(3) Any city may construct, lay, or maintain mains, pipes, lines, or other necessary apparatus to convey water or light from any city that owns and operates its own water or light plant, or may contract with the other city to do these things, and the other city shall have the same power. For this purpose, any city may acquire rights and rights-of-way in the same manner that private corporations or individuals may acquire rights and rights-of-way, and may do any other things in carrying into effect the provisions of this section that any individual or corporation may do.