There is hereby recreated the Historic Murfreesboro Commission. The Historic Murfreesboro Commission shall have the following powers: (1) To acquire and dispose of title to or interests in historic properties in and near the Town of Murfreesboro, and to repair, restore, or otherwise improve and maintain such properties; (2) To conduct research and planning to carry out a program for the preservation of historic sites, buildings, or objects in and near the Town of Murfreesboro; (3) To carry out other programs reasonably related to these purposes. (1973, c. 476, s. 105.)