§ 102-674. Powers and duties of the joint venture.

The joint venture shall fulfill the purposes set forth in section 102-673, and in so doing the joint venture shall have, subject to the terms, conditions and limitations set forth in this division, the following powers and duties:

(1)

To plan, develop, construct and operate, maintain and keep or cause to be maintained and kept, the facilities in good repair, working order and condition, and from time to time to make or cause to be made, all needed and proper repairs, renewals, replacements and improvements, so that the facilities may be properly and advantageously operated at all times for the benefit of the citizens of Atlanta and Fulton County.

(2)

To make long-range plans for the joint development, management and utilization of water resources.

(3)

To provide, in accordance with the terms of the joint venture agreement, all funds and financial arrangements necessary to carry on the functions of the joint venture.

(4)

To faithfully observe, perform and discharge all of the conditions, actions, liabilities and obligations that are or will be imposed upon it.

(5)

To perform all other lawful acts and functions necessary to accomplish the purposes of the joint venture.

(Res. of 5-28-86, § 3.1)