The authority shall have the power to manage, operate, and maintain or enter into contracts for the professional management, operation, and maintenance of the convention center. In the furtherance of its responsibilities, the authority shall have the power to do any and all things necessary and appropriate to carry out its purposes and exercise the powers given and granted to it, including, but not limited to, the following:
(2) Make and execute contracts and all other instruments necessary or convenient for the exercise of its power and functions;(3) Adopt rules in accordance with chapter 91, HRS, with respect to the convention center and its operations, properties, and facilities;(4) Cause qualified parties to prepare plans, specifications, and designs, which are subject to the review and approval of the authority, for the improvement, alteration, or repair of the convention center;(5) Procure insurance against any loss and any liability in connection with the convention center and other related assets and operations in such amounts and from such insurers as it deems desirable;(6) Contract for and accept gifts or grants in any form from any public agency, or other sources;(7) On behalf of the State, accept the authority to operate, manage, and maintain the convention center;(8) Pledge or assign all or any part of the receipts and revenues of the authority;(9) Set and collect rents, fees, charges, or other payments for the lease, use, occupancy, or disposition of the convention center;(10) Acquire, lease as lessee or lessor, own, rent, held and dispose of real and personal property in the exercise of its powers and the performance of its duties;(11) Operate, own, manage, repair, reconstruct or enlarge the convention center;(12) Issue revenue bonds in the name of the authority subject to the approval of the legislature;(13) Reimburse the State general fund for debt service on general obligations bonds or reimbursable general obligation bonds issued by the State for purposes of the convention center.[Eff 2/26/96] (Auth: HRS § 206X-4) (Imp: HRS § 206X-4)