Section 55005 Of Part 1. General Provisions From California Health And Safety Code >> Division 32. >> Part 1.
55005
. For the purposes of this division, the local agency shall
have the following powers in addition to any other powers granted by
this division:
(a) To make and execute contracts and all other instruments
necessary or convenient for the exercise of its powers and functions
under this division with any governmental agency, private
corporation, or other entity or individual.
(b) To determine the terms and conditions of any mortgage
instrument, deed of trust, or promissory note used or executed in
conjunction with financing pursuant to this division.
(c) To employ architects, engineers, attorneys, accountants,
construction and financial experts, and other advisers, consultants,
and agents as may be necessary in its judgment.
(d) To provide advice, technical information, and consultative and
technical service in connection with financing pursuant to this
division.
(e) To procure insurance against any loss in connection with its
property and other assets, including mortgages and deeds of trust, in
the amounts and from insurers as it deems desirable.
(f) To establish, revise from time to time, and charge and collect
fees and charges in connection with financing provided by the local
agency.
(g) To borrow money and issue bonds, as provided in this division.
(h) To do any and all things necessary or convenient to the
exercise of other powers under this division.