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• <br /> • <br /> Members pursuant to Sections 5.03 or 6.03 hereof shall not constitute"grants." �. <br /> Section 2.09. Particular Duties of the Board. The Board shall diligently pursue the <br /> implementation of the Plan, and shall comply with the applicable provisions of Article 1, Title <br /> 29,C.R.S. <br /> • <br /> ARTICLE III <br /> POWERS OF THE AUTHORITY <br /> Section 3.01. Powers. The Authority shall have and may exercise the following powers <br /> together with any additional powers conferred upon drainage authorities by C.R.S. Section 29-1- <br /> 204.2 as it may be amended from time to time: <br /> (a) Pursuant to the Plan to develop stormwater systems or facilities or <br /> drainage facilities in whole or in part for the benefit of the inhabitants of the contracting <br /> Members or others, at the discretion of the Directors,subject to fulfilling any conditions <br /> or requirements set forth in this Agreement or in any other contract concerning the <br /> Authority; <br /> (b) To make and enter into contracts; <br /> (c) To employ agents and employees; <br /> • <br /> (d) To acquire, construct, manage, maintain, fund, plan and operate drainage <br /> and flood control systems,facilities,works,or improvements,or any interest therein; <br /> (e) To acquire, hold, lease (as lessor or lessee), sell, or otherwise dispose of <br /> any real or personal property utilized only for the purposes of providing drainage, flood <br /> control,or stormwater quality control or for related or accessory purposes; <br /> (f) To condemn property for public use; <br /> (g) To incur debts, liabilities, or obligations, including without limitation by <br /> the issuance of bonds,notes and other financial obligations; <br /> (h) To sue and be sued in its own name; <br /> (i) To have and use a corporate seal; <br /> (j) To fix, maintain,and revise fees, rates,and charges for functions,services, <br /> or facilities provided by the Authority; <br /> (k) To adopt, by resolution, regulations respecting the exercise of its powers <br /> and the carrying out of its purpose; <br /> • <br /> 8 <br /> • <br />