This is a bit complicated. The condo association should not have anything to do with each owner's own water or electricity supply since legally the sole purpose of the condo association is to take care of "common things" and of those things happening inside private units that affect the condo as a whole. Each unit, therefore, should have its own contract with the local utilities and the condo association should have a separate contract for the common areas.
The effective remedy against owners who don't pay their dues is collection and foreclosure under the expedited process provided by Condo Law #5038.
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