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The Authority shall have the following powers which it may exercise consistent with the purposes for which it is established:

(a) To adopt and use an Authority seal.

(b) To enter into agreements, contracts and understandings with any federal, state or local government or governmental entity, or with any person, partnership, corporation, Indian Tribe or other entity and to agree to any conditions attached to any financial assistance therefrom.

(c) To agree, notwithstanding anything to the contrary contained in this chapter or in any other provision of law, to any conditions attached to federal financial assistance relating to the determination of prevailing salaries or wages or compliance with labor standards, in the development or operation of projects; and the Authority may include in any contract let in connection with a project stipulations requiring that the contractor and any subcontractors comply with any conditions which the federal government may have attached to its financial aid to the project.

(d) To obligate itself, in any contract with the federal government, to convey to the federal government possession of the project to which such contract relates, on the occurrence of a substantial default (as defined in such contract) with respect to the covenants or conditions to which the Authority is subject. Such contract may further provide that in case of such conveyance, the federal government may compete, operate, manage, lease, convey or otherwise deal with the project and funds in accordance with the terms of such contract. Any such contract shall require that, as soon as practicable after the federal government is satisfied that all defaults with respect to the project have been cured and that the project will thereafter be operated in accordance with the terms of the contract, the federal government shall reconvey to the Authority the project as then constituted.

(e) To lease property from the Tribe and others for such periods as are authorized by law, and to hold, manage or sublease the same.

(f) To borrow or lend money, to issue temporary or long-term evidence of indebtedness, and to repay the same. Obligations shall be issued and repaid in accordance with the provisions of Article IV of this chapter.

(g) To pledge the assets and receipts of the Authority as security for debts; and to acquire, sell, lease, exchange, transfer or assign personal property or interests therein in accordance with the Constitution of the Yurok Tribe, Article IV, Section 5.

(h) To purchase land or interests in land, to take the same by gift, and to lease land or interests in land to the extent provided by law.

(i) To undertake and carry out studies and analyses of housing needs, to prepare housing plans, to execute the same, to operate projects and to provide for the construction, reconstruction, improvement, extension, alteration, or repair of any project or part thereof.

(j) With respect to any dwellings, accommodations, lands, buildings or facilities embraced within any project (including individual cooperative or condominium units): to lease, rent, sell, or enter into lease-purchase agreements or leases with option to purchase; to establish and revise rents or required monthly payments; to develop policies and procedures concerning the selection of tenants or homebuyers, including the establishment of priorities, and concerning the occupancy, rental, care and management of housing units; and to make such further policies and procedures as the Board may deem necessary and desirable to effectuate the powers granted by this chapter.

(k) To finance purchase of a home by an eligible homebuyer or Tribal member.

(l) To terminate any lease or rental agreement or lease-purchase agreement when the tenant or homebuyer has violated the terms of such agreement, or failed to meet any of its obligations thereunder, or when such termination is otherwise authorized under the provisions of such agreement; and to bring action for eviction against such tenant or homebuyer.

(m) To establish income limits for admission to federally assisted housing that ensure that dwelling accommodations in a housing project shall be made available as per the regulations governing such funds.

(n) To purchase supplies, equipment, or other personal property, and insurance for any property or against any risk or hazards, provided all such property is used exclusively to fulfill the Authority’s purposes.

(o) To invest such funds as are not required for immediate disbursement.

(p) To establish and maintain such bank accounts as may be necessary or convenient.

(q) To employ, establish the compensation for, and direct an executive director, technical and maintenance personnel and other such officers and employees, permanent or temporary as the Authority may require; and to delegate to such officers and employees such powers or duties as the Board shall deem proper.

(r) To take such further actions as are commonly engaged in by public bodies of this character as the Board may deem necessary and desirable to effectuate the purposes of the Authority.

(s) To join or cooperate with other public housing agencies operating under the laws of a federal, state, or Tribal government in the exercise, either jointly or otherwise, of the powers of the Authority and such other public housing agencies for the purposes of financing (including but not limited to the issuance of notes or other obligations and giving security therefor), planning, undertaking, owning, constructing, operating or contracting with respect to a housing project. For such purposes, the Authority may by resolution, but only with the approval of Council, prescribe and authorize such other public housing agencies to act on the Authority’s behalf with respect to any or all powers.

(t) To adopt such bylaws as the Board deems necessary and appropriate. [Ord. 37A § 4204, adopted, 6/6/2014.]