A. Purchase, lease, exchange, mortgage, encumber, improve, use or otherwise transfer or grant security interests in real or personal property or any interests therein; grant or acquire options; and contract regarding the income or receipts from real property;

B. Issue negotiable bonds and notes in conformity with Section 2.104.420 and applicable provisions of the Uniform Commercial Code and state law in such principal amounts, as in the discretion of the public corporation, shall be necessary or appropriate to provide sufficient funds for achieving any corporate purposes or to secure financial assistance, including matching funds from the United States for corporate projects and activities;

C. Contract for lease, and accept transfers, gifts or loans of funds or property from the United States, the state, the city, including property acquired by any such governmental unit through the exercise of its power of eminent domain and from corporations, associations, individuals or any other source and to comply with the terms and conditions thereof;

D. Manage, on behalf of the city, any property acquired by the city through gift, purchase, construction, lease, assignment, default or exercise of the city’s power of eminent domain;

E. Recommend to the mayor and city council appropriate public improvements and expenditures in areas of the city in which a public corporation by its charter has a particular responsibility;

F. Recommend to the mayor and city council property which if committed or transferred to the public corporation would materially advance the public purpose for which the public corporation was chartered;

G. Initiate, carry out and complete such improvements of benefit to the public as the mayor and city council may by ordinance assign;

H. Recommend to the mayor and city council such tax, financing and security measures as the public corporation may deem appropriate to maximizing the public interest in any area in which a public corporation, by its charter, has a particular responsibility;

I. Lend its funds, property or credit or services for corporate purposes, or act as a surety or guarantor for corporate purposes;

J. Provide advisory, consultative, training, educational and community services or advice to individuals, associations, corporations, or governmental agencies, with or without charge;

K. Control the use and disposition of corporate property, assets and credit;

L. Invest and reinvest its funds;

M. Fix and collect charges for services rendered or to be rendered, and establish the consideration for property transferred;

N. Sponsor, lease, manage, construct, own and lease or otherwise participate in housing projects where such activity furthers the public purpose for which the public corporation is chartered;

O. Maintain books and records as appropriate for the conduct of its affairs;

P. Conduct corporate affairs, carry on its operations, and use its property as allowed by law and consistent with this chapter, its charter and its rules and regulations; and to name corporate officials, designate agents and engage employees; prescribe their duties, qualifications and compensation; and secure the services of consultants for professional services, technical assistance or advice;

Q. Identify and recommend to the mayor and the city council the acquisition by the city for transfer to or use by the public corporation of property and property rights which are within a community development project, and which if so acquired, whether through purchase or the exercise of eminent domain, and so transferred or used, would materially advance the public purposes for which the public corporation was chartered. (Ord. 1016-84 § .050, 1984.)