SB 776 - Current law authorizes third class cities to acquire any real and personal property as may be necessary for the purpose of the construction of dams, lake and flood protection systems, bathhouses, therapeutic bathhouses, mineral water vending houses, and for the laying of pipelines for the distribution of mineral waters, provided that such properties shall be acquired, constructed, and maintained and operated without increasing the indebtedness of such city and shall not be paid for, maintained, or operated by taxes. This act repeals the prohibition on the use of indebtedness or taxes for the construction and operation of such projects.