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<br />exercise of the powers herein granted be terminated until all Bonds so issued and <br />delivered and the interest thereon shall have been paid or provision for such payment <br />shall have been made and any other debt incurred with respect to any other financing <br />program established or administered by the Authority has been repaid in full and is no <br />longer outstanding. <br />6. Powers; Restriction upon Exercise <br />a. To effectuate its purpose, the Authority shall have the power to exercise any <br />and all powers of the Members or of a joint powers authority under the Act and other <br />applicable provisions of law, subject, however, to the conditions and restrictions herein <br />contained. Each Member or Associate Member may also separately exercise any and all <br />such powers. The powers of the Authority are limited to those of a general law county. <br />b. The Authority may adopt, from time to time, such resolutions, guidelines, rules <br />and regulations for the conduct of its meetings and the activities of the Authority as it <br />deems necessary or desirable to accomplish its purpose. <br />c. The Authority shall have the power to finance the construction, acquisition, <br />improvement and rehabilitation of real property, including the power to purchase, with <br />the amounts received or to be received by it pursuant to a bond purchase agreement, <br />bonds issued by any of its Members or Associate Members and other local agencies at <br />public or negotiated sale, for the purpose set forth herein and in accordance with the Act. <br />All or any part of such bonds so purchased may be held by the Authority or resold to <br />public or private purchasers at public or negotiated sale. The Authority shall set any other <br />terms and conditions of any purchase or sale contemplated herein as it deems necessary <br />or convenient and in furtherance of the Act. The Authority may issue or cause to be <br />issued Bonds or other indebtedness, and pledge any of its property or revenues as security <br />to the extent permitted by resolution of the Board under any applicable provision of law. <br />The Authority may issue Bonds in accordance with the Act in order to raise funds <br />necessary to effectuate its purpose hereunder and may enter into agreements to secure <br />such Bonds. The Authority may issue other forms of indebtedness authorized by the Act, <br />and to secure such debt, to further such purpose. The Authority may utilize other forms of <br />capital, including, but not limited to, the Authority’s internal resources, capital markets <br />and other forms of private capital investment authorized by the Act.. <br />d. The Authority is hereby authorized to do all acts necessary for the exercise of <br />its powers, including, but not limited to: <br />. (1) executing contracts, <br />. (2) employing agents, consultants and employees, <br />. (3) acquiring, constructing or providing for maintenance and operation of any <br />building, work or improvement, <br />. (4) acquiring, holding or disposing of real or personal property wherever located, <br />including property subject to mortgage,