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it. To ellcenauc (ls purposc, the Authority ilurll have Alue power to exercise any and all
<br />powers of tie iiMembers or of a joint powers authority under the Act ruin other apphcal)k
<br />provisions of law, su bicct, however, to ate conditions and restrictions homin colmilved. Elell
<br />hlember or Associate ;Member luny also separately exercise any rwd all such powers. '[lie pouv;rs
<br />ortlic Authority Fire litnital to tlursc orageueral law county.
<br />b. The Authority may adopt, f,otu true to time, such resolutious, guidelines, rules and
<br />regulatious liar the conduct of its mcctlugs acid d)c actividils of the Authority its it cleans uecemary
<br />or desirable to accomplish its pulposc.
<br />C. 'rite Authority slutll have the power to linrul" Alto coustruvIloll, acquisition,
<br />imp rovcment surd rvhabititadou of real pmparty, including the power to purchase, witli the
<br />ani ouuts re,ceival or to be rereived by it pursuma to a baud pureltitsc agmenicnt, bonds issued by
<br />ally of ifs Members or Associate Members and other lord agencies at public or acgot(atcd sale, for
<br />the purpose set Borth hcreiu and ill aecordaice with the Act. All or any part or such bouds so
<br />purchased may be hctcl by the Authority or resold to public or private purchasers at public or
<br />uegoriMed sale. 'rite Authority shall set ally other terms and corwilions of any purchase or sale
<br />coutemplated heroin as it coeds necessary or conmiticut and in furtlieraoce of the Ac•l. The
<br />Authority may issue or cause to be issued bonds or other itiddrteditess, and plcdgc any of its
<br />property or revenues its security to the extent permitted by resolution of the Board under ally
<br />applicable provision of law. 'I lie Authority nay issue Bonds in accordiume will the Act in order
<br />to raise fluucds necessary to ell'ernlate Its purpose heremuler and may cruer itito ag)vvemcuts to
<br />secure such Bouds. 'rite Authority may issue other lbrros of in(eb(cduoss authoriml by tilt Act,
<br />and to secure such dubt, to further such purix).w. The Authority may utilize other toxins of capital,
<br />including, but not limired to, the Authority's interuid resources, capital markets and oilier forms of
<br />priv to capital iovestmeul rnrthorized by the Act..
<br />(. The Authority is W.,ml)y audrariged to do all acts necessary for are cxercist of ils
<br />powers, tucluding, but trot luixited to:
<br />It) executingcoulnwti,
<br />(2) employing agents, comultrults and employees,
<br />(8) acquiring, couslnicdug or providing for rirvutcuauce turd operatiou ortuty
<br />building, work or improvement,
<br />( l) acquiring, holdhtg or disposing of real or personal property wherever
<br />loosed, including property stil)jert to mortgage,
<br />(5) incurring debts, liabilities or obliguiolls,
<br />((i) recciving gifts, contributions and donations or property, I'uucis, services and
<br />any critter forms of assistance twin persons, Ibius, corporations or
<br />governmental ellfitics,
<br />U) suirii; and being sued h) its owu name, trail lialAruilt6l Or sctdiug ally suits or
<br />claims,
<br />(8) doing any rind rill dtiugs necessary or collmlieut to the exercise. of its
<br />specific powcrs and to rlecon)plishiug its purpose
<br />(9) establishing and/or admiuistetirig districts to lirtaure and refinance ill:
<br />aNquiaitirur, (usrallation and improvemerl of energy ellicicucy, water
<br />Resolution No. 2015-044
<br />Page 7 of 16
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