16.__Manage or operate real and personal property.__To manage or operate, or cause to be managed or operated, real and personal property, to take assignments of leases and rentals or to take any other action necessary or incidental to the performance of the authority's duties under this chapter;

17.__Lease or rent facilities or equipment used to transmit voice, data or video signals.__To lease or rent any facilities or equipment for a project for such amounts as the authority determines to a communications service provider to further the purposes of this chapter, as long as the obligation of the service provider is considered a binding contract with the authority and as long as no liability on account of the authority may be incurred beyond the money available for that purpose and may be considered a liability of the State;

18.__Investments.__Except as otherwise provided in this chapter, to invest any funds not needed for immediate use, including any funds held in reserve, in property or securities in which fiduciaries in the State may legally invest funds;

19.__Appearances.__To appear on the authority's own behalf before boards, commissions, departments or agencies of a municipality or the State Government or the Federal Government;

20.__Executive director; other employees.__To employ an executive director, consulting engineers, architects, attorneys, accountants, construction and financial experts and such other employees and agents as may be necessary in the authority's judgment; and

21.__All acts granted or implied.__To do any act necessary or convenient to exercise the powers granted in this chapter or reasonably implied by this chapter.

§9208.__Use of revenues

The revenues derived by the authority from any lease, assignment, rental agreement or other disposition or any other revenue must be used for the purposes of this chapter.

§9209.__Advisory council

The Advisory Council on Advanced Technology Investment, referred to in this section as "the advisory council," is established to advise the authority in accordance with this section.