Any two or more public agencies may make agreements between or among themselves:

1. (1) for the joint ownership of any one or more facilities or improvements which they have authority by law to own individually;
2. (2) for the joint operation of any one or more facilities or improvements which they have authority by law to operate individually;
3. (3) for the joint acquisition by gift, grant, purchase, construction, condemnation or otherwise of any one or more such facilities or improvements and for the extension, repair or improvement thereof;
4. (4) for the exercise by an interlocal entity of its powers with respect to any one or more facilities or improvements and the extensions, repairs, or improvements of them; or
5. (5) any combination of the foregoing.

Renumbered and Amended by Chapter 286, 2002 General Session