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The Board may:

(A) Sue and be sued;

(B) Enter into contracts;

(C) Authorize the City Manager to appoint and remove staff and provide for the compensation thereof;

(D) Acquire, by purchase, gift or devise, and convey any real property, including easements and reversionary interests, and personal property subject to the provisions of this Chapter;

(E) Rebate all, or any portion thereof, the taxes on any property sold or conveyed by the Bank;

(F) Exercise any other power which may be delegated to the Land Bank by the Governing Body; and

(G) Exercise any other incidental power which is necessary to carry out the purposes of the Land Bank and this Chapter. (Ord. 10-19 § 1, 2010.)