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a. To ellcrtuale its purpose, the Authority stall havc Ale power to exercise arty and all <br />powers of due Members or of a joint powers authority uudcr the Act and other applicable <br />provisions of law, subject, however, to Ale couditious and restrictions hclvin cons >uued. Each <br />Member or Associate .i ember may also separately exercise any and all such powers. '17e powers <br />al the Authority ale limited to loose of agent al law county. <br />lt. The Authority may adopt, h'om time to time, such resolutious, guidelines, rules and <br />refmlatious for the couduct of its meetings and the activities ol' the Authority as it deems necessary <br />or desirable to accomplish its purIxrsc. <br />V. The Authority shall have the power to fulaa•c the coustructiou, acquisupou, <br />improvement aid rehabilitation of real property, including the llo ver to purchase, with the <br />amounts leveivrcl or to be received by it pursuant to A bond purchase argrecareut, bonds issued by <br />atpy of Its Members or Associate Members and other local agencies at public or negotiated sale, for <br />the purpose set firth herchk aid ill accordauce with the Act. All or any part or such bonds so <br />purelmicd may ho Itekl by the Authority or resold to public or private purchasers at public or <br />negotiated safe. ne, Authority shall set any other terms aril couditious or ;illy purchase or sale <br />contemplated lerehr as it deems necessary or eonvenicut and in furtherauce of the Act. The <br />Authority may issue or cause to be issued Bouds or other halebteduess, aid pledge ary of its <br />property or revenues as security to the exteut perluitted by resolution of the Board under any <br />applicable provision of lieu. "1'he Authority may issue Bonds in accordaure vv dr the Art ill outer <br />to raise funds necessary to elkelvate its purpose hereunder and may enter into agreements to <br />secure such Bouds. The Authority may issue other fornrs of inclebteducss authorized by the Art, <br />a ud to secure such debt, to further such purpose. The Authority may utilizes other forms of capital, <br />ituludirig, but riot liilited to, de Authority's hiteml resources, capital markets Arid other Forms of <br />private capital investment authorized by the Act. <br />d. The Audurity is hereby authorized to do all acts accessory for Ale exercise: of its <br />powers, iuchndiug, but riot limited to! <br />M executingcouna•ts, <br />(2) employhugagents, consultants aid. employees, <br />(3) acquiring, constructing or providing for rraintenauce and operation of auty <br />building, work or improvement, <br />( f) acquiring, holding or disposing of real or personal property wherever <br />located, including property subject to mortgage, <br />(5) incurring debts, liabilities or obligaious, <br />(6) receiving gills, contributions and donations ol'property, Ihuds, services and <br />any other firnps of assistance from persous, Isms, corporations or <br />governmental entities, <br />(7) suing and being sued ill its own name, and litigating or settling any shits or <br />clamps, <br />(8) doing arty and all thitlgs uecessuy or convenient to the exercise of its <br />specific powers and to accomplishing its purpose <br />(9) establishing and /or achministcrintg districts to livauce and refinance [lie <br />arquisitioll, installation and improvement of energy elliriency, water <br />Resolution No. 2015 -045 <br />Page 7 of 16 <br />