Whenever the county commissioners and the corporate authorities cannot agree with the owner or owners of real estate which may have been selected as aforesaid, after having decided upon the size and location of such real estate, the said county commissioners and corporate authorities may enter upon, and take possession of, and occupy such land for the purposes herein provided. The title to such real estate shall be vested in the respective county and city in fee simple. The funds in the office of the treasurers of such county and city shall be security to the owner or owners of any real estate so taken for all damages sustained by the taking of such real estate.
16 P.S. § 12105