(70 ILCS 1707/35)
    Sec. 35. General powers and authority. In addition to any other rights, powers, duties, or obligations granted to the Board under this Act or specifically granted to the Board under any other law, the Board has all of the following general powers and authority:
        (1) To sue and be sued in its official name.
        (2) To enter into agreements with units of local
government, transportation agencies, State agencies, federal agencies, and persons in order to implement any of the provisions of this Act, including agreements for specialized planning services.
        (3) To accept and expend, for purposes consistent
with the purposes of this Act, funds and moneys from any source, including gifts, bequests, grants, appropriations, loans, or contributions made by any person, unit of local government, the State, or the federal government.
        (4) To enter into contracts or other transactions
with any unit of local government, transportation agency, State agency, public or private organization, or any other source in furtherance of the purpose of this Act, and to take any necessary action in order to avail itself of such aid and cooperation.
        (5) To purchase, receive, take by grant, gift,
devise, or bequest, lease, or otherwise acquire, own, hold, improve, employ, use, and otherwise deal in and with real or personal property, or any interest therein, wherever situated.
        (6) To adopt, alter, or repeal its own bylaws and any
rules that the Board deems necessary in governing the exercise of its authority and the performance of its duties under this Act.
        (7) To make purchases under this Act in compliance
with the Local Government Prompt Payment Act.
        (8) To adopt an annual operating budget and work
program for each fiscal year and make appropriations in accordance with the Illinois Municipal Budget Law and to have the power to expend such budgeted moneys.
        (9) To exercise any other implied powers that are
necessary or convenient for the Board to accomplish its purposes and that are not inconsistent with its expressed powers.
        (10) To cooperate with any planning agency of a state
contiguous to the region in order to integrate and coordinate plans for development of urban areas in that state with the regional comprehensive plan developed under this Act.
(Source: P.A. 94-510, eff. 8-9-05.)