To purchase and own grounds for, and to erect and establish, market houses and market places, for which latter purpose parts of any streets or sidewalks may be temporarily used, and to provide and enforce suitable general market regulations; to contract with any person or persons, or association, or persons, companies or corporations, for the erection and regulation of market houses and market places, on such terms and conditions and in such manner as the councils may prescribe, and raise all necessary revenue therefor, as herein provided.
53 P.S. § 23134