There are hereby delegated to the Authority, as agent of the town, all powers conferred upon municipalities within the state by the municipal housing laws, subject to the restrictions and conditions hereinafter stated, except the power to borrow money, issue bonds, and acquire real property, including, but not limited to the following:
(A) To construct, maintain, operate, and manage any housing projects within the town pursuant to the municipal housing laws of the state and this code;
(B) To employ a secretary, who shall be executive director, technical experts, and such other officers, attorneys, agents, and employees, permanent or temporary as may be required. Any and all personnel employed by the authority shall be certified eligible through the normal recruitment and testing procedures of the town for employment;
(C) To arrange or contract for the furnishing by any person or agency, public or private, of services, works, or facilities for or in connection with a housing project for the occupants thereof;
(D) To execute contracts and other instruments herein authorized to be executed by the authority, to be so executed by the chairperson of the authority and attested to by the secretary, or by such officers as the authority shall by resolution provide;
(E) To requisition funds from the United States, or any agency thereof, pursuant to the terms of a contract for loan and annual contributions which may be entered into hereafter;
(F) To negotiate for and let contracts for the construction of housing projects and the demolition of buildings and to include in any construction contract let in connection with a housing project, stipulations requiring that the contractor and any subcontractors comply with employment requirements, including those in the constitution and laws of the state as to the minimum wage and maximum hours of labor, and those conditions which the federal government has attached to its financial aid of the project;
(G) To execute all instruments and agreements required by the United States or any agency thereof;
(H) To select and make agreements with depositories for funds received from the United States, or any agency thereof, and others from the administration of the project, and to receive and disburse such funds, subject to the conditions governing their use; and
(I) To do and perform such other acts as may become necessary for the construction, maintenance, and operation of the housing projects.
(1989 Code, § 11-2-3)