Page:United States Statutes at Large Volume 75.djvu/747

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[75 Stat. 707]
[75 Stat. 707]
PUBLIC LAW 87-000—MMMM. DD, 1961

75

STAT.]

PUBLIC LAW 87-328-SEPT. 27, 1961

expense budget in addition to the aggregate amount of item (1) above and all other revenues available to the commission shall be apportioned equitably among the signatory parties by unanimous vote of the commission, and the amount of such apportionment to each signatory party shall be certified together with the budget, (c) The respective signatory parties covenant and agree to include the amounts so apportioned for the support of the current expense budget in their respective budgets next to be adopted, subject to such review and approval as may be required by their respective budgetary processes. Such amounts shall be due and payable to the commission in quarterly installments during its fiscal year, provided that the commission may draw upon its working capital to finance its current expense budget pending remittances by the signatory parties. ARTICLE 14 GENERAL PROVISIONS

Section 14.1 Auxiliary Powers of Commission; Functions of Commissioners. (a) The commission, for the purposes of this compact, may: 1) Adopt and use a corporate seal, enter into contracts, sue and bs sued in all courts of competent jurisdiction; 2) Receive and accept such payments, appropriations, grants, gifts, loans, advances and other funds, properties and services as may be transferred or made available to it by any signatory party or by any other public or private corporation or individual, and enter into agreements to make reimbursement for all or part thereof; 8) Provide for, acquire and adopt detailed engineering, administrative, financial and operating plans and specifications to effectuate, maintain or develop any facility or project; 4) Control and regulate the use of facilities owned or operated by the commission; 5) Acquire, own, operate, maintain, control, sell and convey real and personal property and any interest therein by contract, purchase, lease, license, mortgage or otherwise as it may deem necessary for any project or facility, including any and all appurtenances thereto necessary, useful or convenient for such ownership, operation, control, maintenance or conveyance; 6) Have and exercise all corporate pjowers essential to the declared objects and purposes of the commission. (b) The commissioners, subject to the provisions of this compact, shall: 1) Serve as the governing body of the commission, and exercise and discharge its powers and duties except as otherwise provided by or pursuant to this compact; 2) Determine the character of and the necessity for its obligations and expenditures and the manner in which they shall be incurred, allowed, and paid subject to any provisions of law specifically applicable to agencies or instrumentalities created by compact; 3) Provide for the internal organization and administration of the commission; 4) Appoint the principal officers of the commission and delegate to and allocate among t][iem administrative functions, powers and duties; 5) Create and abolish offices, employments and position as it deems necessary for the purposes of the commission, and subject to the provisions of this article, fix and provide for the qualinca-

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