(a)    (1)    In this section the following words have the meanings indicated.

(2)    (i)    “Contracting party” means the other party to a contract made by a district under this section.

(ii)    “Contracting party” includes:

1.    A person;

2.    A county of this State or any other state;

3.    A municipal corporation of this State or any other state;

4.    This State or any other state;

5.    The United States;

6.    Any instrumentality of this State, any other state, or the United States; and

7.    Another district of this State or any other state.

(3)    “Contracting party’s system” means any of the following systems owned or operated by a contracting party:

(i)    A sewerage system.

(ii)    A solid waste acceptance facility.

(iii)    A solid waste disposal system.

(iv)    A water system.

(b)    If its sanitary commission approves, a district may make a contract with a contracting party:

(1)    To buy services from the contracting party’s system;

(2)    To use the facilities of the contracting party’s system; or

(3)    To allow a contracting party or its customers to use the services or facilities of the district.

(c)    Any contract made under this section:

(1)    Shall require that the fees, rates, or charges collected under the contract be sufficient to pay the obligations of the contracting party; and

(2)    May allow a contracting party to collect from its customers the fees, rates, or charges due under the contract.

(d)    A contract made under this section is for the benefit of holders of the district’s bonds.