Common use of Powers and Functions Clause in Contracts

Powers and Functions. ECCTA has the common powers of the parties to provide public transportation services and to own, operate, and maintain a public transit system. Further, ECCTA has such other powers which are necessary for or incidental to carrying out the purposes of the Agreement, including, but not limited to, the following: a. Employ agents and employees and contract for services, including transit services; b. Make and enter into contracts; c. Incur debts, obligations, and liabilities; d. Apply for and accept contributions, grants, or loans from any source, including public entities, the United States or any of its departments, instrumentalities, or agencies; e. In furtherance of 4.d, the parties shall perform such acts and provide such assurances as may be necessary to facilitate ECCTA’s receipt of such funds; f. Invest funds not needed for immediate necessities in accordance with § 53601 of the Government Code, as it may amended, and in accordance with policies adopted by the ECCTA Board of Directors; g. Appoint an employee or an officer to be treasurer or controller or both; h. Acquire, construct, manage, maintain or operate any building, works or improvements; i. Take by grant, purchase, devise, or lease, or condemn in proceedings under eminent domain or otherwise acquire, and hold and enjoy, or lease, mortgage, sell or otherwise dispose of any real and personal property of every kind necessary for or incidental to the exercise of its powers; j. To raise revenue, to levy and collect taxes, fees and charges, and to issue bonds, notes, warrants, and other evidence of indebtedness to finance costs and expenses incidental to the purpose of ECCTA; k. To insure itself and the parties from loss, liability, and claims arising out of or in any way connected with the performance of this Agreement; and l. ▇▇▇ and be sued.

Powers and Functions. ECCTA has the common powers of the parties to provide public transportation services and to own, operate, and maintain a public transit system. Further, ECCTA has such other powers which are necessary for or incidental to carrying out the purposes of the Agreement, including, but not limited to, the following: a. Employ agents and employees and contract for services, including transit services; b. Make and enter into contracts; c. Incur debts, obligations, and liabilities; d. Apply for and accept contributions, grants, or loans from any source, including public entities, the United States or any of its departments, instrumentalities, or agencies; e. In furtherance of 4.d, the parties shall perform such acts and provide such assurances as may be necessary to facilitate ECCTA’s receipt of such funds; f. Invest funds not needed for immediate necessities in accordance with § 53601 of the Government Code, as it may amended, and in accordance with policies adopted by the ECCTA Board of Directors; g. Appoint an employee or an officer to be treasurer or controller or both; h. Acquire, construct, manage, maintain or operate any building, works or improvements; i. Take by grant, purchase, devise, or lease, or condemn in proceedings under eminent domain or otherwise acquire, and hold and enjoy, or lease, mortgage, sell or otherwise dispose of any real and personal property of every kind necessary for or incidental to the exercise of its powers; j. To raise revenue, to levy and collect taxes, fees and charges, and to issue bonds, notes, warrants, and other evidence of indebtedness to finance costs and expenses incidental to the purpose of ECCTA; k. To insure itself and the parties from loss, liability, and claims arising out of or in any way connected with the performance of this Agreement; and l. ▇▇▇ and be sued.