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boundaries of two or more home rule charter or statutory cities or towns or any combination thereof, the <br />city councils and town boards may, under the provisions of section 471.59, jointly exercise such powers <br />to improve and regulate the use of the body of water subject to section 103F.751, as are conferred on <br />county boards by sections 86B.205 and 103F,801, and to establish and administer lake improvement ' <br />districts as provided under sections 103B.501 to 103B.581, provided that no home rule charter or <br />statutory city or town may establish and administer a lake improvement district or exercise any of the <br />powers granted in this section if a lake improvement disfxict covering the same territory has been created <br />by a county board under sections 103B.501 to 103B.581. References in sections 86B.205, 103B.501 to <br />103B.581, and 103F.801 to the county board shall be construed to refer to the governing body of a home <br />rule charter or statutory city or the board of supervisors of a town. <br />History.• 1973 c 123 art S s 7; 1973 c 702 s 24; 1975 c 311 s 1; 1978 c 726 s 17; 1986 c 439 s S; 1986 c <br />443 s 16,17; 1990 c 391 art 8 s 46 <br />� <br />_. _ ______.___ <br />