(A) The board of directors of a joint agency may make application and enter into contracts for and accept grants-in-aid and loans from the federal and state governments and their agencies or political subdivisions, including members, for planning, acquiring, constructing, expanding, maintaining, and operating a project or facility or participating in a reserve or development program or performing a function which a member of the joint agency may authorize by general or local law to provide or perform.
(B) The board of directors of a joint agency may:
(1) enter into and carry out contracts with the state or federal government or an agency or institution through which the government, agency, or institution grants financial or other assistance to the member or joint agency;
(2) accept assistance or funds granted or loaned by the state or federal government with or without a contract;
(3) agree to and comply with reasonable conditions imposed upon grants or loans; and
(4) make expenditures from granted funds.
HISTORY: 2003 Act No. 8, Section 2, eff April 21, 2003.