Sorry, but it pretty much is a false dilemma for a number of reasons. First and foremost being that your average fracking operation is occuring a mile below ground or deeper and your average municipal water supply is either on the surface or within a thousand feet or so of the surface. The upper couple thousand of feet of every oil and gas well has multiple layers of casings specifically to prevent groundwater contamination. In order for chemicals to get into groundwater supplies there would either have to be a failure in all the casing layers, or the chemicals would have to find a way to travel vertically thousands of feet through rock that's probably impermeable.
Second, the chemical additives in fracking fluids make up less than 1% of the volume of the mixture. The other 99% is basically just water and sand. The chemical additives are heavily diluted from the start and even if they should make it into a municipal water supply they would only be diluted further and would still end up going through a water treatment process.
Third, it is absolutely possible to remove the chemicals from the water because that's exactly what happens when the fracking fluids are collected after use. The used fluids get transported to a processing plant, the chemicals get removed and the water gets returned to the environment.
Fourth, a lot of those chemical additives we already come in contact with. Hydrochloric acid is what our stomachs use to break down our food, microbe killers get used to treat our water and our wastewater and anyone who uses hand lotion is willfully rubbing a petroleum based lubricant on themselves.
Fifth, once a well is fracked, the fluids go away and pose no further threat to the water supply.
Is there absolutely no chance whatsoever of fracking chemicals getting into municipal water supplies? Of course not. But the chances are incredibly low, and the chances of the chemicals being able to get into your drinking water in concentrations bad enough to hurt you are lower still. I'm not saying it never happens, but it rarely happens. We already have about 1 natural gas well per 1,000 people in this country (in Texas it's about 1 per 300). If fracking were some huge threat to our municipal water supplies the problem would have been blatantly obvious a long time ago.