(a) The Selectboard shall propose and adopt annual budgets for water and sewer to defray necessary expenses and thereafter set rates for users to pay the same.

(b) In case of future extension of water or sewer lines and to presently unserved areas where bonding or temporary costs are to be assumed by the Town, all legal Town voters shall be eligible to vote on the project.

(c) In all cases where bonding is required, all legal voters of the Town may vote on the bond issue.