Common use of Interlocal Cooperation Act Powers Clause in Contracts

Interlocal Cooperation Act Powers. The Commission shall have all powers granted by the Interlocal Cooperation Act and is hereby authorized to do all acts necessary to accomplish its stated purposes, including, but not limited to, any or all of the following: 7.2.1 To make and enter into contracts consistent with Section 7.5. 7.2.2 To acquire, hold, or dispose of its property, contributions, grants, and donations of property, funds, services, and other forms of assistance from persons, firms, corporations, and governmental entities for projects benefitting the Jordan River and the public interest. 7.2.3 To sue and be sued in its own name. 7.2.4 Except as otherwise provided herein, to lawfully cooperate and/or contract with other entities, Members or Parties to accomplish the purposes of this Agreement. 7.2.5 To exercise all powers necessary and proper to carry out the terms and provisions of this Agreement or otherwise authorized by law. 7.2.6 To borrow money or incur indebtedness, liabilities, or obligations; to issue bonds for the purposes for which it was created; to assign, pledge, or otherwise convey as security for the payment of any such bonds the revenues and receipts from or for the Commission, which assignment, pledge, or other conveyance may rank prior in right to any other obligation except taxes or payments in lieu thereof payable to the State of Utah or its political subdivisions.

Interlocal Cooperation Act Powers. The Commission shall have all powers granted by the Interlocal Cooperation Act and is hereby authorized to do all acts necessary to accomplish its stated purposes, including, but not limited to, any or all of the following: 7.2.1 To make and enter into contracts consistent with Section 7.5. 7.2.2 To acquire, hold, or dispose of its property, contributions, grants, and donations of property, funds, services, and other forms of assistance from persons, firms, corporations, and governmental entities for projects benefitting the Jordan River and the public interest. 7.2.3 To sue xxx and be sued in its own name. 7.2.4 Except as otherwise provided herein, to lawfully cooperate and/or contract with other entities, Members or Parties to accomplish the purposes of this Agreement. 7.2.5 To exercise all powers necessary and proper to carry out the terms and provisions of this Agreement or otherwise authorized by law. 7.2.6 To borrow money or incur indebtedness, liabilities, or obligations; to issue bonds for the purposes for which it was created; to assign, pledge, or otherwise convey as security for the payment of any such bonds the revenues and receipts from or for the Commission, which assignment, pledge, or other conveyance may rank prior in right to any other obligation except taxes or payments in lieu thereof payable to the State of Utah or its political subdivisions.