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Except as otherwise limited by the state constitution, by statute, this chapter, or by the charter of the public corporation, a public corporation shall have the power to:

A. Own and sell real and personal property;

B. Contract and enter into partnership with individuals, associations and corporations, and the state and the United States;

C. Sue and be sued;

D. Lend and borrow funds;

E. Do anything a natural person may do;

F. Perform all manner and type of community services and activities utilizing federal or private funds;

G. Administer and execute federal grants and programs;

H. Receive and administer federal funds;

I. Provide and implement such municipal services and function as the city council and mayor may by ordinance direct;

J. Transfer, with or without consideration, any funds, real or personal property, property interests, or services received from the federal government, private sources or, if otherwise legal, from a city or county; and

K. Receive and administer private funds, goods or services for any lawful public purpose. (Ord. 1016-84 § .040, 1984.)