(1) The district has the following powers, except as limited by the operating plan:
To have perpetual existence;
To have and use a corporate seal;
To sue and be sued and be a party to suits, actions, and proceedings;
To enter into contracts and agreements, except as otherwise provided in this article,affecting the affairs of the district, including contracts with the United States and any of its agencies or instrumentalities;
(I) To provide any of the following services within the district:
(A) Organization, promotion, marketing, and management of public events; (B) Activities in support of business recruitment, management, and development; (C) Coordinating tourism promotion activities.
(II) No revenue collected from the marketing and promotion tax levied under section 2925-112 may be used for any capital expenditures, with the exception of tourist information centers.
To have the management, control, and supervision of all the business and affairs ofthe district and of the operation of district services therein;
To appoint an advisory board of owners of property within the boundaries of thedistrict and provide for the duties and functions thereof;
To hire employees or retain agents, engineers, consultants, attorneys, and accountants;
To adopt and amend bylaws not in conflict with the constitution and laws of the stateor with the ordinances of the local government affected for carrying on the business, objectives, and affairs of the board and of the district; and
To exercise all rights and powers necessary or incidental to or implied from the specific powers granted in this article. Such specific powers shall not be considered as a limitation upon any power necessary or appropriate to carry out the purposes and intent of this article.
Source: L. 98: Entire article added, p. 1087, § 1, effective September 1.