Sec. 4. The airport authority may:

(1) operate and conduct an airport;

(2) operate farming operations on real estate appurtenant to the airport;

(3) exercise the power of eminent domain in accordance with the statutes of the state in which the airport is located;

(4) maintain, operate, and extend water and sewer systems on the land appurtenant to the airport, and make and collect charges for services;

(5) construct and lease industrial and aviation buildings on the land appurtenant to the airport;

(6) lease land owned by a combining governmental unit suitable for an airport facility for a term of not less than ninety-nine (99) years;

(7) secure expert guidance on the development of an area air facility so that the interests of the area are best served and implement that development under the statutes of the party states;

(8) establish and fix by ordinance a restricted zone for distances in any direction from the boundaries of the airport facility that is necessary and practicable, regulating the height of structures to provide free air space for access by aircraft and for the safe use of the airport, all in accordance with the statutes of the party state in which the airport is located;

(9) accept, receive, and receipt for federal monies and other monies, public or private, for the acquisition, construction, enlargement, improvement, maintenance, equipment, or operation of airports, other air navigation facilities, and sites for them;

(10) buy and sell machinery for aviation purposes; and negotiate and contract for personal services, materials and supplies; whenever personal property is to be purchased or sold, there must be due notice and competitive bidding as required by the statutes of the state in which the airport is located; and

(11) perform all functions and do all acts that are necessary to the total development of a commercial and industrial air facility, in accordance with the laws of the party states.

[Pre-Local Government Recodification Citation: 19-6-5-4.]

As added by Acts 1980, P.L.8, SEC.73.