Sec. 7. Terms of trustees. After the election of the first board, trustees are elected to 3-year terms.

Sec. 8. Authorized to acquire property and franchise of Fryeburg Water Company. The district, through its trustees, may acquire by purchase the plants, properties, assets, franchises, rights and privileges owned by the Fryeburg Water Company, including all lands, waters, water rights, reservoirs, pipes, machinery, fixtures, hydrants, tools and all apparatus and appliances used or usable in supplying water in the area of the district.

The sale and transfer by the Fryeburg Water Company to the district of its plants, properties, assets, franchises, rights and privileges; the assumption by the district of all of the outstanding debts, obligations and liabilities of the district pursuant to this section; and the subsequent use of the plants, properties, assets, franchises, rights and privileges by the district within the limits of the district are subject to the approval of the Public Utilities Commission as may be required by the Maine Revised Statutes, Title 35-A, Part 1.

Sec. 9. Eminent domain. Subject to the provisions of this section, the Fryeburg Water District has the right of eminent domain and may exercise that right to acquire real estate or interests in real estate for the purposes of acquiring an underground water supply and to adequately provide for the storage, distribution or transmission of that water. Eminent domain powers may be exercised only for those purposes and only if the assessors determine that public exigency requires the immediate taking of those property interests, the corporation is unable to purchase those property interests for what the assessors consider reasonable valuation or the title is defective. In order to exercise this power, the assessors shall file with the clerk of the corporation and record in the Oxford County Registry of Deeds a written condemnation order and a plan of the property interest to be taken. The condemnation order must include a detailed description of the property interest to be taken, with reference to the plan, the name or names of the owner or owners of record as can be reasonably determined and the amount of damages determined by the assessors to be just compensation for the property interests taken. The assessors shall then serve upon the owner or owners of record in hand, or by certified mail to the last known address of the owner or owners, a copy of the condemnation order and a check in the amount of damages awarded. In the event of multiple ownership,