The Board shall:
(A) Prepare an analysis of economic changes taking place in the district;
(B) Study and analyze the impact of metropolitan growth upon the district;
(C) Plan and propose the construction, the 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 district;
(D) Develop long-range plans, in cooperation with the agency which is chiefly responsible for planning in the village, designed to halt the deterioration of property values in the district and to promote the economic growth of the district, and take such steps as may be necessary to persuade property owners to implement the plans to the fullest extent possible;
(E) Implement any plan of development in the district necessary to achieve the purposes of this chapter, in accordance with the powers of the Authority as granted by this chapter;
(F) Make and enter into contracts necessary or incidental to the exercise of its powers and the performance of its duties;
(G) Acquire by purchase or otherwise, on terms and conditions and in a manner the Authority deems proper to own, convey, or otherwise dispose of, or lease as lessor or lessee, land and other property, real or personal, or rights or interests therein, which the Authority determines is reasonably necessary to achieve the purposes of this chapter, and to grant or acquire licenses, easements and options with respect thereof;
(H) 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 district for the use, in whole or in part, of any public or private person or corporation, or a combination thereof;
(I) Fix, charge and collect fees, rents 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;
(J) Lease any building or property under its control, or any part thereof;
(K) Accept grants and donations of property, labor or other things of value from a public or private source; and
(L) Acquire and construct public facilities.
(Ord. 187, passed 7-14-2010)