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unit or political subdivision or the revenues from any other | | legally available source. |
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| | | 6. Corporate powers. In addition to all other powers granted | | to the bank, for the purpose of carrying out this Act, the bank | | may: |
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| | | A. Make, enter into and enforce all contracts or agreements | | necessary, convenient or desirable for the purposes of | | financing or refinancing the qualified federal | | transportation project; |
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| | | B. Invest any funds or money of the bank not then required | | for funding costs of the qualified transportation project in | | the same manner as permitted for the investment of funds | | belonging to the State or held by the Treasurer of State, | | except as otherwise permitted or provided by this Act; and |
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| | | C. Fix and prescribe any form of application or procedure | | to be required of the State or of any agency, political | | subdivision, instrumentality or department of the State with | | respect to the qualified transportation project and fix the | | terms and conditions of the qualified transportation project | | and may enter into agreements with the State or any agency, | | political subdivision, instrumentality or department of the | | State or of any political subdivision of the State in | | connection with the qualified transportation project. |
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| | | 7. Exception to prohibited acts and limitation of powers. | | Notwithstanding the provisions of the Maine Revised Statutes, | | Title 30-A, section 5958, the bank may make loans to the State or | | any agency, political subdivision, instrumentality or department | | of the State in connection with the financing of the qualified | | transportation project. |
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| | | 8. Bonds and notes of bank. Notwithstanding the provisions | | of the Maine Revised Statutes, Title 30-A, section 6003, the bank | | may issue its bonds from time to time in any principal amounts | | that it considers necessary to provide funds for any of the | | purposes authorized by this Act, including the financing or | | refinancing of all or a portion of the costs of the qualified | | transportation project. |
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| | | 9. Receipt of federal appropriation money. The Treasurer of | | State may receive from the Federal Government any amount of money | | as appropriated, allocated, granted, turned over or in any way | | provided for the purposes of this Act. In connection with the | | financing of the qualified transportation project, these amounts | | must be credited to and deposited in the Highway Fund and are | | available to the bank. |
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