(a) The Virgin Islands Hospitality Training School, through its Board of Governors, shall have the following powers and duties:
(1) to develop an entry-level training program that prepares Virgin Islands students for jobs in the tourist industry;
(2) to structure its curriculum for the specific jobs available in the Virgin Islands tourism market;
(3) to cooperate and coordinate with other educational institutions in the preparation of Virgin Islanders for tourist industry employment;
(4) to exercise the powers inherent in public corporations including, but not limited to: (1) to sue and be sued; (2) to enter into contracts; (3) to enter into financing agreements; (4) to adopt a corporate seal; (5) to hire and dismiss its employees; (6) to accept donations, gifts and bequeaths; (7) to spend such monies on school purposes; (8) to acquire, own, and possess property; (9) to purchase goods and supplies; (10) to issue rules for its operations; (11) and to do such things as are necessary to accomplish its purposes.
(b) To the maximum extent feasible, consistent with sound business practices, the Board shall enter into an agreement with the Department of Education to use departmental personnel for its administrative functions and start-up requirements. The Department of Education, the Department of Tourism and the University of the Virgin Islands are authorized to cooperate and provide assistance to the Hospitality Training School.