2.86.050 Powers of the Board.
This section is included in your selections.
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.)