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(1) issue negotiable bonds to pay:
(a) all or part of the costs of acquiring, acquiring an interest in, improving, or extending any of the improvements, facilities, or property allowed under Section 11-14-103;
(b) capital costs of improvements in an energy assessment area, as defined in Section 11-42a-102, and other related costs, against the funds that the public infrastructure district will receive because of an assessment in an energy assessment area, as defined in Section 11-42a-102;
(c) public improvements related to the provision of housing;
(d) capital costs related to public transportation; and
(e) for a public infrastructure district created by a development authority, the cost of acquiring or financing public infrastructure and improvements, as defined in Section 63H-1-102;
(2) enter into an interlocal agreement in accordance with Title 11, Chapter 13, Interlocal Cooperation Act, provided that the interlocal agreement may not expand the powers of the public infrastructure district, within the limitations of Title 11, Chapter 13, Interlocal Cooperation Act, without the consent of the creating entity;
(3) acquire completed or partially completed improvements for fair market value as reasonably determined by:
(a) the board;
(b) the creating entity, if required in the governing document; or
(c) a surveyor or engineer that a public infrastructure district employs or engages to perform the necessary engineering services for and to supervise the construction or installation of the improvements;
(4) contract with the creating entity for the creating entity to provide administrative services on behalf of the public infrastructure district, when agreed to by both parties, in order to achieve cost savings and economic efficiencies, at the discretion of the creating entity; and
(5) for a public infrastructure district created by a development authority:
(a)
(i) operate and maintain public infrastructure and improvements the district acquires or finances; and
(ii) use fees, assessments, or taxes to pay for the operation and maintenance of those public infrastructure and improvements; and
(b) issue bonds under Title 11, Chapter 42, Assessment Area Act.