The Board may:
(A) Prepare an analysis of economic changes taking place in the Downtown District;
(B) Study and analyze the impact of metropolitan growth upon the Downtown District;
(C) Plan and propose the construction, renovation, repair, remodeling, rehabilitation, restoration, preservation or reconstruction of a public facility, an existing building or a multiple-family dwelling unit which may be necessary or appropriate to the execution of a plan which, in the opinion of the Board, aids in the economic growth of the Downtown District;
(D) Plan, propose and implement an improvement to a public facility within the development area to comply with the barrier free design requirements of the state construction code promulgated under the State Construction Code Act of Public Act 230 of 1972, being M.C.L.A. §§ 125.1501 to 125.1531;
(E) Develop long-range plans, in cooperation with the agency which is chiefly responsible for planning in the municipality, designed to halt the deterioration of property values in the Downtown District and to promote the economic growth of the Downtown District, and take the steps as may be necessary to persuade property owners to implement the plans to the fullest extent possible;
(F) Implement any plan of development in the Downtown District necessary to achieve the purposes of this subchapter, in accordance with the powers of the Authority as granted by this subchapter;
(G) Make and enter into contracts necessary or incidental to the exercise of its powers and the performance of its duties;
(H) Acquire by purchase or otherwise, on terms and conditions and in a manner the Authority deems proper or own, convey or otherwise dispose of, or lease as lessor or lessee, land and other property, real or personal or rights of interests therein, which the Authority determines is reasonably necessary to achieve the purposes of this subchapter, and to grant or acquire licenses, easements and options with respect thereto;
(I) Improve land and construct, reconstruct, rehabilitate, restore and preserve, equip, improve, maintain, repair and operate any building, including multiple-family dwellings and any necessary or desirable appurtenances thereto, within the Downtown District for the use, in whole or in part, of any public or private person or corporation or a combination thereof;
(J) Fix, charge and collect fees, rent and charges for the use of any building or property under its control or any part thereof, or facility therein, and pledge the fees, rents and charges for the payment of revenue bonds issued by the Authority;
(K) Lease any building or property under its control or any part thereof;
(L) Accept grants and donations of property, labor or other things of value from a public or private source; and
(M) Acquire and construct public facilities.
(1992 Code, § 120.501) (Ord. 2-92, passed 2-10-1992)