45-1943. Functional powers of board

The board, for and in the name of the authority, may:

1. Acquire in any lawful manner, except as limited by this chapter, and sell, lease, exchange or otherwise dispose of real and personal property, easements and rights-of-way that are necessary or required for the uses and purposes of the authority.

2. Construct, maintain and operate all works and other property acquired and used for any of the projects owned by the authority.

3. Acquire, hold, assign or otherwise dispose of credits registered to storage accounts under any provision of chapter 3 of this title.

4. Accept appointment or other authorization and act as agent of any operating unit for purposes of acquiring, transporting, delivering, treating or recharging water pursuant to this chapter.

5. Issue bonds and pledge all or part of its revenue from any source for security and payment of its bonds.

6. Negotiate, make, execute, acknowledge and perform any contract, agreement or obligation it deems advisable for the interest of the authority or to carry out or accomplish the purposes of this chapter, including agreements to acquire water supplies, for water exchanges and for water deliveries.

7. Except as otherwise limited by this chapter, acquire electricity or other forms of energy necessary to transport water or otherwise operate the projects of the authority.

8. Plan, coordinate, construct, operate, maintain and dismantle water augmentation projects including treatment, recharge, underground storage and recovery and retention projects and, in conjunction with county flood control districts, flood control projects for water augmentation purposes.

9. Provide technical or financial assistance to operating units relating to developing water supplies for purposes of the management goals and plans adopted under chapter 2 of this title.

10. Conduct any other activities that are reasonably necessary and related to the powers and duties described by this chapter.