(1) In order to enable an industrial development authority to carry out the purposes of this chapter, the industrial development authority shall:(1) Have the powers of a body corporate including the power to sue and be sued, to make contracts, and to adopt and use a seal;(2) Have the power to rent, acquire, improve, develop, operate, maintain, lease, buy, own, mortgage, otherwise encumber, sell, dispose of, and otherwise deal with such real, personal, or mixed property as an industrial development authority may deem proper, necessary, or desirable to carry out the purposes of this chapter;(3) Have the power to acquire, purchase, install, lease, rent, own, hold, use, control, develop, sell, improve, construct, maintain, equip and operate, and otherwise deal with and dispose of any:(A) Commerce and industrial parks;(B) Research, technology, and development proving grounds and facilities;(C) Job training facilities, air cargo operations, depots for military use, rail lines, rail transload operations, and short-line railroads; and(D) All other qualifying economic development projects under § 14-174-105;(4) Have the power consistent with this chapter to acquire, own, construct, reconstruct, extend, equip, improve, operate, maintain, sell, lease, lease with or without options to purchase, lease with or without options to extend or renew, contract concerning, or otherwise deal in, with, or dispose of any lands, buildings, improvements, machinery, equipment, or facilities of any and every nature for the securing and developing of industry and commerce and parks for industrial and commercial operations;(5) Have the power to appoint and employ and dismiss at pleasure such agents and employees as may be selected by an industrial development authority and to fix and pay their compensation;(6) Have the power to establish an office for the transaction of business at such place as, in the opinion of an industrial development authority, shall be advisable or necessary in carrying out the purposes of this chapter;(7) Have the power to create and operate such agencies, departments, and instrumentalities as an industrial development authority may deem necessary, desirable, or useful for the accomplishment and furtherance of any of the purposes of this chapter;(8) Have the power to pay and expend funds for all necessary costs and expenses involved in and incident to the formation and organization of an industrial development authority and the carrying out of the powers and purposes of this chapter;(9) Have the power to adopt, alter, or repeal from time to time its own bylaws, rules, and regulations consistent with this chapter governing the manner in which the business of an industrial development authority may be transacted and in which the purposes and powers may be transacted and in which the purposes and powers of an industrial development authority may be accomplished and carried out;(10) Have the power to fix and change, from time to time, rates and charges for the use of the facilities and services of an industrial development authority;(11) Have the power to promulgate and to alter or repeal, from time to time, rules and regulations consistent with this chapter and to enforce the same governing and pertaining to the use of the facilities and services of an industrial development authority;(12) Have the power to sell, contract concerning, or lease any of its warehouses, industrial or commercial plants and facilities, and other improvements and facilities of whatever nature and to permit the use of any such facilities by any person engaging in any industrial or commercial activity;(13) Have the power to do any and all other acts and things of whatever nature consistent with this chapter necessary or incidental to the carrying out of the powers specified in this section and the accomplishment of the purposes of this chapter, whether or not specifically enumerated; and(14) Be authorized to carry out the powers of an industrial development authority and to accomplish the purposes of this chapter.
(1) Have the powers of a body corporate including the power to sue and be sued, to make contracts, and to adopt and use a seal;
(2) Have the power to rent, acquire, improve, develop, operate, maintain, lease, buy, own, mortgage, otherwise encumber, sell, dispose of, and otherwise deal with such real, personal, or mixed property as an industrial development authority may deem proper, necessary, or desirable to carry out the purposes of this chapter;
(3) Have the power to acquire, purchase, install, lease, rent, own, hold, use, control, develop, sell, improve, construct, maintain, equip and operate, and otherwise deal with and dispose of any:(A) Commerce and industrial parks;(B) Research, technology, and development proving grounds and facilities;(C) Job training facilities, air cargo operations, depots for military use, rail lines, rail transload operations, and short-line railroads; and(D) All other qualifying economic development projects under § 14-174-105;
(A) Commerce and industrial parks;
(B) Research, technology, and development proving grounds and facilities;
(C) Job training facilities, air cargo operations, depots for military use, rail lines, rail transload operations, and short-line railroads; and
(D) All other qualifying economic development projects under § 14-174-105;
(4) Have the power consistent with this chapter to acquire, own, construct, reconstruct, extend, equip, improve, operate, maintain, sell, lease, lease with or without options to purchase, lease with or without options to extend or renew, contract concerning, or otherwise deal in, with, or dispose of any lands, buildings, improvements, machinery, equipment, or facilities of any and every nature for the securing and developing of industry and commerce and parks for industrial and commercial operations;
(5) Have the power to appoint and employ and dismiss at pleasure such agents and employees as may be selected by an industrial development authority and to fix and pay their compensation;
(6) Have the power to establish an office for the transaction of business at such place as, in the opinion of an industrial development authority, shall be advisable or necessary in carrying out the purposes of this chapter;
(7) Have the power to create and operate such agencies, departments, and instrumentalities as an industrial development authority may deem necessary, desirable, or useful for the accomplishment and furtherance of any of the purposes of this chapter;
(8) Have the power to pay and expend funds for all necessary costs and expenses involved in and incident to the formation and organization of an industrial development authority and the carrying out of the powers and purposes of this chapter;
(9) Have the power to adopt, alter, or repeal from time to time its own bylaws, rules, and regulations consistent with this chapter governing the manner in which the business of an industrial development authority may be transacted and in which the purposes and powers may be transacted and in which the purposes and powers of an industrial development authority may be accomplished and carried out;
(10) Have the power to fix and change, from time to time, rates and charges for the use of the facilities and services of an industrial development authority;
(11) Have the power to promulgate and to alter or repeal, from time to time, rules and regulations consistent with this chapter and to enforce the same governing and pertaining to the use of the facilities and services of an industrial development authority;
(12) Have the power to sell, contract concerning, or lease any of its warehouses, industrial or commercial plants and facilities, and other improvements and facilities of whatever nature and to permit the use of any such facilities by any person engaging in any industrial or commercial activity;
(13) Have the power to do any and all other acts and things of whatever nature consistent with this chapter necessary or incidental to the carrying out of the powers specified in this section and the accomplishment of the purposes of this chapter, whether or not specifically enumerated; and
(14) Be authorized to carry out the powers of an industrial development authority and to accomplish the purposes of this chapter.