The Township of Clinton and any agency or department thereof, or other official public body, may do any of the following:
(a) Anything necessary or convenient to aid in the planning and execution of a project plan.
(b) Lend, grant, or contribute funds to the Corporation.
(c) Use any funds within its control, including funds derived from the sale or furnishing of property, service, or facilities to the Corporation, in the purchase of bonds or other obligations of the Corporation, and to exercise any rights connected with such bonds or other obligations of the Corporation which it holds.
(d) Enter into agreements up to fifty years with the Corporation regarding action it will take pursuant to the provisions of this chapter.
(e) Arrange for economic and business development on a consumer cooperative basis for the citizens to participate in the development of their own housing as an integral part of the commercial, industrial, and residential development under this chapter.
(Ord. 254. Passed 3-27-78.)