Stadium authority's powers and duties

The powers and duties of the stadium authority shall be as follows: (1) To repair, maintain, and operate stadium facilities and the stadium development district, including: (A) Repairs, maintenance, operations, and demolition of existing stadium facilities; (B) Operations and maintenance of a new stadium; and (C) Contractual payments to developers, contractors, or management contractors engaged by the stadium authority; (2) To coordinate in planning, design, and construction activities, including on-site repairs, within the stadium development district; (3) To acquire and hold title to real property; (4) To prescribe and collect rents, fees, and charges for the use or enjoyment of the stadium, facilities related to the stadium, and real property held by the stadium authority, including entering into leases, contracts, sponsorship and advertising agreements, food and beverage agreements, concession agreements, parking agreements, or other development and use agreements that may apply; provided that leases shall not exceed a term of ninety-nine years; (5) To make and execute contracts and other instruments necessary or convenient to exercise its powers under this chapter and subject to any limitations in this chapter, to exercise all powers necessary, incidental, or convenient to carry out and effectuate the purposes and provisions of this chapter; (6) To adopt, amend, and repeal, in accordance with chapter 91, rules it may deem necessary to effectuate this chapter and in connection with its projects, operations, and facilities; (7) To appoint officers, agents, and employees, prescribe their duties and qualifications, and fix their salaries, without regard to chapters 76 and 89, to manage the stadium, the stadium development district, and its contractors; and (8) To plan, promote, and market the stadium and related facilities.