The Council may:
(a) adopt Ordinances and Resolutions for the performance of functions of the Town;
(b) purchase, hold, and convey any interest in property, for the use of the Town;
(c) adopt and use a common seal; and
(d) exercise all powers that are needed for the effective operation of local governmental affairs.
11 I.C., § 36-5-2-9, sets forth the powers of the legislative body.