The Authority shall:

(1)    Administer the Heritage Area in accordance with this subtitle;

(2)    Subject to § 13-1011 of this subtitle, develop a management plan for the Heritage Area;

(3)    Preserve or assist in the preservation of buildings, structures, and settings of historic value in the Heritage Area;

(4)    Conduct activities to educate the public about the history and significance of the Heritage Area;

(5)    Provide for recreational uses of the Heritage Area for both active and passive pursuits;

(6)    Facilitate economic development in the Heritage Area through public and private investment in adaptive reuse, interpretative attractions, or other activities;

(7)    To the extent practicable, consult and coordinate its activities with the states of West Virginia and Pennsylvania and appropriate regional entities;

(8)    Keep records consistent with sound business practices and accounting records consistent with generally accepted accounting principles;

(9)    Cause an audit by an independent licensed certified public accountant to be made of the accounts and transactions of the Authority at the conclusion of each fiscal year;

(10)    Be subject to audit and examination at any reasonable time by the Office of Legislative Audits of the Department of Legislative Services concerning the accounts and transactions of the Authority; and

(11)    For inclusion for informational purposes in the State budget book, submit annually to the Department of Budget and Management a budget reflecting the operating and capital program of the Authority.