147.02  POWERS AND DUTIES.
   (a)    The Board shall have power to take all steps and proceedings, and to make and enter into all contracts or agreements necessary or incidental to the performance of its duties and the execution of its powers under this article. Such Board shall have all of the powers and shall exercise all of the functions of the Municipal authorities of the City to the full extent that such power and authority may be delegated or granted to such Board under the provisions of West Virginia Code Art. 8-16.
   (b)    The Board may employ engineers, architects, inspectors, superintendents, managers, collectors, attorneys and such other employees as in its judgment may be necessary in the execution of its powers and duties, and may fix their compensation, and all of whom shall do such work as the Board may direct. All such compensation and expense incurred in carrying out the provisions of this article shall be paid solely from funds provided under the authority of this article, and the Board shall not exercise or carry out any authority or power herein given it so as to bind either the Board or the City beyond the extent to which money shall have been or may be provided under the authority of this article.
   (c)    No contract or agreement with any contractor or contractors for labor or materials, either or both, exceeding an amount of one thousand dollars ($1,000) shall be made without advertising for bids, which bids shall be publicly opened and award made to the lowest responsible bidder. The Board may reject any and all bids.
   (d)    After the construction, installation and completion of the works or the acquisition thereof, the Board shall operate, manage and control the same, and may order and complete any extensions, betterments and improvements of and to the works that the Board may deem expedient, if funds therefor are available, or are made available, as provided in this article, and shall establish rules and regulations for the use and operation of the works, and do all things necessary or expedient for the successful operation thereof.
(1975 Code Sec. 2-44)