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instrumentalities or municipalities, public bodies, private | | corporations, partnerships, associations and individuals to | | carry out the purposes of this article; |
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| | | H.__Accept the cooperation of the Federal Government or its | | agencies in the construction, maintenance, reconstruction, | | operation and financing of the readjustment of the base and | | take necessary actions to utilize that aid and cooperation; |
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| | | I.__Borrow money and apply for and accept advances, loans, | | grants, contributions and other forms of financial | | assistance from the Federal Government, the State, a | | municipality or other public body or from other sources, | | public or private, for the purposes of this article, give | | any security that is required and enter into and carry out | | contracts in connection with that financial assistance; |
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| | | J.__Borrow money, make, issue and sell at public or private | | sale negotiable notes, bonds and other evidences of | | indebtedness or obligation of the authority for the purposes | | under this article and secure the payment of that obligation | | or any part of that obligation by pledge of all or any part | | of the operating revenues of the authority; |
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| | | K.__Enter into loan or security agreements with one or more | | lending institutions, including, but not limited to, banks, | | insurance companies and institutions that administer pension | | funds, or trustees for those institutions for the issuance | | of bonds and exercise with respect to those loan or security | | agreements all of the powers delineated in this article for | | the issuance of bonds; |
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| | | L.__Provide from operating revenues for the maintenance, | | construction or reconstruction of facilities to ensure the | | public safety for which the authority has not otherwise | | provided; |
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| | | M.__Use operating revenues to provide payment of | | obligations, if any, due to the United States to implement | | the readjustment or reuse of the base facility; |
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| | | N.__Adopt rules pursuant to the Maine Administrative | | Procedure Act; and |
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| | | O.__Take all other lawful action necessary and incidental to | | these powers. |
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| | | 2.__Membership; appointment.__The authority is governed by a | | board of trustees composed of 11 voting members appointed by the | | Governor and subject to review by the joint standing committee of |
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