A.The board of directors, on behalf of the authority, may:
1.Adopt and use a corporate seal.
3.Enter into contracts, including intergovernmental agreements under pursuant to title 11, chapter 7, article 3, as necessary to carry out the purposes and requirements of this chapter.
4.Adopt administrative rules as necessary to administer and operate the authority and any property under its jurisdiction.
5.Acquire by any lawful means, other than eminent domain, and operate, maintain, encumber and dispose of real and personal property and interests in property.
6.Retain legal counsel and other consultants as necessary to carry out the purposes of the authority.
7.Acquire land or construct, finance, furnish, maintain, improve, operate, market or promote the use of
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A. The board of directors, on behalf of the authority, may:
1. Adopt and use a corporate seal.
2. Sue and be sued.
3. Enter into contracts, including intergovernmental agreements under pursuant to title 11, chapter 7, article 3, as necessary to carry out the purposes and requirements of this chapter.
4. Adopt administrative rules as necessary to administer and operate the authority and any property under its jurisdiction.
5. Acquire by any lawful means, other than eminent domain, and operate, maintain, encumber and dispose of real and personal property and interests in property.
6. Retain legal counsel and other consultants as necessary to carry out the purposes of the authority.
7. Acquire land or construct, finance, furnish, maintain, improve, operate, market or promote the use of amateur or professional sports facilities, recreational facilities and other community facilities or programs that are located in the authority and do all things necessary or convenient to accomplish those purposes.
8. Construct, finance, furnish, maintain, improve, operate, market and promote the use of a multipurpose facility that is located in the authority and do all things necessary or convenient to accomplish those purposes. The authority may own or lease the land on which the multipurpose facility is located.
9. Issue revenue bonds pursuant to article 3 of this chapter.
B. The board of directors shall:
1. Appoint from among its members a chairperson, a secretary and such other officers as may be necessary to conduct its business.
2. Employ an executive director and prescribe the terms and conditions of employment.
3. Keep and maintain a complete and accurate record of all of its proceedings. The board is a public body for purposes of title 38, chapter 3, article 3.1 and title 39, chapter 1.
4. Provide for the use, maintenance and operation of the properties and interests owned or controlled by the authority.
5. Promote tourism, the development of youth and professional sports, including the attraction of amateur and professional events, and promote filming opportunities.
C. The board shall appoint four advisory boards consisting of members representing youth and professional sports, tourism and hospitality, film and digital media and workforce development. The board members appointed pursuant to section 5-1403, subsection A, paragraph 2 shall serve as chairpersons of the advisory committees that corresponds to their areas of appointment.