There is hereby created pursuant to Act 197, being M.C.L.A. §§ 125.1651 through 125.1680, as amended, a Downtown Development Authority for the city. The Authority shall be a public body corporate and shall be known and exercise its powers under title of “Auburn Downtown Development Authority”. The Authority may adopt a seal, may sue and be sued in any court of law in this state, and shall possess all of the powers necessary to carry out the purpose of its incorporation as provided by this chapter and Act 197, being M.C.L.A. §§ 125.1651 through 125.1680, as amended. The enumeration of a power in this chapter or in Act 197, being M.C.L.A. §§ 125.1651 through 125.1680, as amended, shall not be construed as a limitation upon the general powers of the Authority.
(1991 Code, § 1.213)