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Without derogating from any of its powers, duties, functions and responsibilities as set forth in the other provisions of this part, the agency is specifically authorized to:
Make plans for the construction, operation, and maintenance of regional educational facilities in one (1) or more of the five (5) counties constituting the region; and
Take all such actions as are necessary or convenient in the judgment of the board in effectuating such plans, including, but without limitation, by reason of this enumeration:
The acquisition of sites for the facilities;
Sale or transfer of such sites, if acquired in the agency's name, to the agency or institution that will own and operate the facility;
Arranging for the financing of the facility's construction, operation and maintenance;
Applying for such federal assistance as may be available and obligating the agency as required to obtain such assistance; and
Making contracts and agreements with federal, state and local educational agencies and institutions in carrying out this section.
The agency may, at the request of the counties, act as a vehicle for contracts or agreements among counties for carrying out regional projects.