The powers and duties of the local board shall be as follows:
(1) To select its own chairman and such other officers as it may deem desirable from among its own membership;
(2) To adopt and use a seal;
(3) To determine, with the advice of the Arkansas Higher Education Coordinating Board, the educational program of the community college;
(4) To appoint and fix the compensation and the term of office of a president or chancellor of the community college;
(5) To appoint, upon the nomination of the president or chancellor, members of the administrative and teaching staffs and to fix their compensation and terms of employment;
(6) Upon the recommendation of the president or chancellor, to appoint or employ such other officers, agents, and employees of the community college as may be required to carry out the provisions of this section, §§ 6-61-101 — 6-61-103, 6-61-201 — 6-61-209, 6-61-212 — 6-61-216, 6-61-301 — 6-61-305, 6-61-401, 6-61-402, 6-61-501 — 6-61-520, 6-61-522 — 6-61-524, and 6-61-601 — 6-61-603 and to fix and determine their qualifications, duties, compensation, and terms and conditions of employment;
(7) To grant diplomas and certificates;
(8) To enter into contracts;
(9)
(A) To accept from any government or governmental agency, from any other public or private body, or from any other source grants or contributions of money or property, which the local board may use for or in aid of any of its purposes.
(B) If acceptance of a grant is conditioned upon the local board's obtaining interim financing from a local financial institution and if the grant makes a provision for the repayment of the interim loan from the grant itself, then the local board is authorized to contract for the required interim financing;
(10) To acquire, own, lease, use, and operate property, whether real, personal, or mixed, which is necessary for purposes of the community college;
(11) To dispose of property owned by the community college which is no longer necessary for purposes of the community college upon such terms and conditions as shall meet the requirements for state agencies;
(12) To exercise the right of eminent domain to condemn property necessary for the use of the community college. The procedure to be followed in the exercise of the right of eminent domain by a local board shall be that prescribed for the boards of trustees of certain state colleges by § 6-62-201;
(13) To make rules not inconsistent with the provisions of this section, §§ 6-61-101 — 6-61-103, 6-61-201 — 6-61-209, 6-61-212 — 6-61-216, 6-61-301 — 6-61-305, 6-61-401, 6-61-402, 6-61-501 — 6-61-520, 6-61-522 — 6-61-524, and 6-61-601 — 6-61-603 or with the rules of the Arkansas Higher Education Coordinating Board as are necessary for the proper administration and operation of the community college; and
(14) To exercise all other powers not inconsistent with the provisions of this section, §§ 6-61-101 — 6-61-103, 6-61-201 — 6-61-209, 6-61-212 — 6-61-216, 6-61-301 — 6-61-305, 6-61-401, 6-61-402, 6-61-501 — 6-61-520, 6-61-522 — 6-61-524, and 6-61-601 — 6-61-603 which may be reasonably necessary to the establishment, maintenance, and operation of a community college.