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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, <br />