§ 13-4. General powers.
(a) In general.
(1) The Authority may exercise any of the following powers, either singly or in any combination, in each instance to the extent the Board determines is necessary or convenient to achieve the purposes of the Authority.
(2) The powers enumerated in this section are in addition to any other powers or authorizations specifically granted to the Authority by law.
(b) Acquisition of property.
The Authority may acquire property:
(1) to develop parking projects; or
(2) otherwise as necessary or desirable for carrying out its purposes.
(c) Acquisition of projects.
The Authority may acquire already-existing parking projects.
(d) Funding, development, or construction of projects.
(1) The Authority may fund, develop, or construct parking projects.
(2) The final design of any parking structure that the Authority funds, develops, or constructs is subject to the approval of the Planning Commission.
(e) Operation of projects.
The Authority may operate the parking projects that it acquires or develops.
(f) Use of projects
The Authority may:
(1) contract with any person for the use, by persons other than the Authority, of all or part of any parking project; and
(2) subject to the approval of the Board of Estimates, set the rates, tolls, rents, fees, charges, or other financial or non-financial impositions for any parking project.
(g) Disposition of property.
To the extent permitted by the Enabling Act, the Authority may sell or otherwise transfer to the City or other persons its interest in any property or parking project.
(h) Contracts.
(1) The Authority may enter into contracts necessary or convenient to the exercise of its powers.
(2) The Authority's contracts are not subject to Article VI, § 11 of the City Charter.
(3) However, any contract involving an expenditure of $25,000 or more is subject to the approval of the Board of Estimates.
(i) Research and studies.
The Authority may:
(1) conduct research and studies relating to parking and demand management strategies, including the preparation of short-term or long-terms plans; and
(2) contract with persons to assist in these studies and plans.
(j) Grants.
The Authority may accept grants from any governmental entity, including the State and the City, or any political subdivision of the State, and from any other person.
(k) Bylaws.
The Authority may adopt bylaws for the management and regulation of its affairs.
(l) Rules and regulations.
(1) Subject to the approval of the Board of Estimates, the Authority may adopt rules and regulations governing the operation and use of its parking projects.
(2) A copy of all rules and regulations must be filed with the Department of Legislative Reference before they take effect.
(m) General.
The Authority may do all other acts and things necessary or convenient to carry out the powers granted by this subtitle or by any other law.
(n) Exemptions.
To the extent not specifically made subject to laws and procedures that otherwise apply to units of the City government, the Authority is exempt from those laws and procedures.