(1) The governing body of any public body, upon its behalf and in its name, for the purpose of aiding and cooperating in any project authorized in this article, upon the terms and with or without consideration and with or without an election, as the governing body determines, has power under this article:
To sell, lease, loan, donate, grant, convey, assign, transfer, and otherwise dispose tothe district any facilities or any other property, or any interest therein, pertaining to any project
(or any combination thereof);
To make available to the district for temporary use, or otherwise to dispose of anymachinery, equipment, facilities, and other property, and any agents, employees, persons with professional training, and any other persons, to effect the purposes of this article. Any such property owned and persons in the employ of any public body while engaged in performing for the district any service, activity, or undertaking authorized in this article, pursuant to contract or otherwise, shall have and retain all of the powers, privileges, immunities, rights, and duties of, and shall be deemed to be engaged in the service and employment of, such public body, notwithstanding that such service, activity, or undertaking is being performed in or for the district.
To enter into any agreement or joint agreement between or among the federal government, the district, and any public bodies (or any combination thereof) extending over any period not exceeding fifty years, which is mutually agreed thereby, notwithstanding any law to the contrary, respecting action or proceedings pertaining to any power granted in this article, and the use or joint use of any facilities, project, or other property herein authorized;
To sell, lease, loan, donate, grant, convey, assign, transfer, or pay over to the districtany facilities or any project authorized in this article, or any part or parts thereof, or any interest in personal property or real property, or any funds available for acquisition, improvement, or equipment purposes, including the proceeds of any securities issued for acquisition, improvement, or equipment purposes which may be used by the district in the acquisition, improvement, equipment, maintenance, and operation of any facilities or project authorized in this article (or any combination thereof);
To transfer, grant, convey, or assign and set over to the district any contracts whichmay have been awarded by the public body for the acquisition, improvement, or equipment of any project not begun or, if begun, not completed;
To budget and appropriate, and each public body is required and directed to budgetand appropriate from time to time the proceeds of taxes, service charges, and other revenues legally available therefor to pay all obligations arising from the exercise of any powers granted in this article as such obligation accrues and becomes due;
To provide for an agency, by any agreement authorized in this article, to administeror execute that or any collateral agreement, which agency may be one of the parties to the agreement, or a commission or board constituted pursuant to the agreement;
To provide that any such agency shall possess the common power specified in theagreement, and may exercise it in the manner or according to the method provided in the agreement. Such power is subject to the restrictions upon the manner of exercising the power of any one of the contracting parties, which party shall be designated by the agreement.
To continue any agreement authorized in this article for a definite term not exceedingfifty years, or until rescinded or terminated, which agreement may provide for the method by which it may be rescinded or terminated by any party.
Source: L. 69: p. 761, § 34. C.R.S. 1963: § 89-21-34.