By the name of the Town of Mountain View, the municipal corporation shall have perpetual succession; shall own, possess and hold all property, real and personal heretofore owned, possessed and held by the Town, and does assume and shall manage and dispose of all trusts in any way connected therewith; shall succeed to all the rights and liabilities of the Town; shall acquire all benefits and does assume and shall pay all bonds, obligations, and indebtedness of the Town; may sue and defend, purchase, lease, receive, hold and enjoy, or sell and dispose of real and personal property; may establish municipal water works, sewage disposal works, and water and sewer systems in the manner provided by statute; shall have a common seal and alter the same at pleasure. (Amended by Charter election held on 11-07-23)