(a) The commissioners of a municipal auditorium commission appointed under this chapter shall have full and complete authority to manage, operate, maintain, and keep in a good state of repair the municipal auditorium. They shall have full and complete charge of the building, including the right to control and permit or refuse to permit such public gatherings or other meetings or affairs as the commissioners shall see fit and deem to be in the best interests of the city.
(b) The commissioners shall have the right to employ or remove managers, janitors, and other employees of whatsoever nature, kind, or character and to fix, regulate, and pay their salaries, it being the intention of this chapter to vest in the commissioners authority to operate, manage, maintain, and control the municipal auditorium and to have full and complete charge thereof.
(c) The commissioners shall not have authority or power to sell, mortgage, or encumber the auditorium unless otherwise authorized by the statutes of Arkansas.