Common use of Powers of Authority Clause in Contracts

Powers of Authority. To enable the Authority to carry out its functions and provide the services described hereinabove, the Authority shall have the general powers enumerated in Sections 29-1-204.2 C.R.S., as such sections may be amended from time to time, and all lawful implied powers. Without limiting in any way the generality of the preceding sentence, the Authority shall have the following specific powers: (i) To adopt Bylaws, which Bylaws may further define, elaborate, or supplement any of the provisions of this Agreement so long as such Bylaws are not inconsistent with the terms of this Agreement; (ii) To operate as a Water Authority under Article 1, Section 204.2, of Title 29 C.R.S. and create one or more entities which qualify as an enterprise under Article X, Section 20, of the Colorado Constitution; (iii) In general, to exercise all powers which are now or shall be conferred by law upon a separate legal entity organized pursuant to Section 29-1-204.2, C.R.S., in the manner and to the extent authorized by the Board; (iv) To create Advisory Boards as deemed necessary by the Board; (v) To receive contributions, gifts, bequests or other grants of cash, equipment or services for its own benefit or on behalf of any other Person; and (vi) To exercise any other power lawfully authorized to each of the Parties.

Powers of Authority. To enable the Authority to carry out its functions and provide the services described hereinabove, the Authority shall have the general powers enumerated in Sections 29-1-204.2 204.2(3) and (7), C.R.S., as such sections may be amended from time to time, and all lawful implied powers. Without limiting in any way the generality of the preceding sentence, the Authority shall have the following specific specific powers: (i) To adopt Bylaws, which Bylaws may further define, elaborate, or supplement any of the provisions of this Agreement so long as such Bylaws are not inconsistent with the terms of this Agreement; (ii) To operate as a Water Authority an enterprise under Article 1X, Section 204.220, of Title 29 C.R.S. the Colorado Constitution and create one or more entities which qualify as an enterprise under Article X, Section 20, of the Colorado Constitution; (iii) In general, to exercise all powers which are now or shall be conferred by law upon a separate legal entity organized pursuant to Section 29-1-1- 204.2, C.R.S., in the manner and to the extent authorized by the Board; (iv) To create Advisory Boards as deemed necessary by the Board; (v) To receive contributions, gifts, bequests or other grants of cash, equipment or services for its own benefit or on behalf of any other Person; and (vi) To exercise any other power lawfully authorized to each of the Parties.

Powers of Authority. To enable the Authority to carry out its functions and provide the services described hereinabove, the Authority shall have the general powers enumerated in Sections 29-1-204.2 C.R.S., as such sections may be amended from time to time, and all lawful implied powers. Without limiting in any way the generality of the preceding sentence, the Authority shall have the following specific specific powers: (i) To adopt Bylaws, which Bylaws may further define, elaborate, or supplement any of the provisions of this Agreement so long as such Bylaws are not inconsistent with the terms of this Agreement; (ii) To operate as a Water Authority under Article 1, Section 204.2, of Title 29 C.R.S. and create one or more entities which qualify as an enterprise under Article X, Section 20, of the Colorado Constitution; (iii) In general, to exercise all powers which are now or shall be conferred by law upon a separate legal entity organized pursuant to Section 29-1-204.2, C.R.S., in the manner and to the extent authorized by the Board; (iv) To create Advisory Boards as deemed necessary by the Board; (v) To receive contributions, gifts, bequests or other grants of cash, equipment or services for its own benefit or on behalf of any other Person; and (vi) To exercise any other power lawfully authorized to each of the Parties.