Contract to supply water from southern Michigan prison to local industry; mandatory provisions

(1) The director of the department of corrections may contract with the Jackson area industrial development corporation to supply water from southern Michigan prison to local industry. (2) The contract shall provide: (a) That the water shall be used solely for fire protection and fire extinguishing systems. (b) That the water shall be sold at not less than its fair market value. (c) That all water main and other installation and maintenance costs shall be paid by the corporation.