(1) The authority has the power to cooperate with any person:
To accept contributions, loans, or advances from any person with respect to the financing, construction, operation, or maintenance of a public highway and in connection with any loan or advance to enter into contracts establishing the repayment terms;
To enter into contracts with respect to and to cooperate in the financing, construction,operation, or maintenance of a specified public highway;
To enter into joint operating contracts concerning a public highway;
To cooperate in acquiring easements or rights-of-way for a public highway;
To transfer dominion over all or any portion of a public highway financed, operated,maintained, or constructed by the authority to the federal government, the state, other governmental units, or any person; and
To designate a public highway as part of the federal highway system, the state highway system, a county highway system, or a municipal highway system if the person with jurisdiction over such highway system consents to such designation.
Source: L. 87: Entire part added, p. 1853, § 1, effective August 27.