Powers

Sec. 5. In furtherance of its purposes and duties, the commission shall have, and may exercise the following powers: (1) To enter into contracts, within the limit of funds available therefor, with individuals, corporations, partnerships, limited liability companies, organizations and institutions for services furthering the objectives of the commission's programs. (2) To accept gifts, contributions and bequests of funds from individuals, foundations, limited liability companies, corporations, and other organizations or institutions to be deposited in a special account separate and distinct from state and federal monies. (3) To apply for, receive and disburse any funds available from the federal government in furtherance of the objectives of this chapter and to enter into any agreements which may be required by the federal government as a condition of obtaining such funds. (4) To make and sign any agreements and to do and perform any acts that may be necessary to carry out its purposes and duties. (5) To exercise eminent domain. (6) To make an annual report to the governor and the legislative council concerning its activities and its recommendations for future activities. (7) To hold, invest and dispense for purposes of the commission's work, funds received by gift, bequest or contribution to the commission, and to open and maintain accounts in the commission's name for said monies with appropriate banks or trust companies. The commission may request the aid of the state board of accounts in establishing these accounts. Such accounts shall be subject to audit by the board of accounts. An annual report made under subdivision (6) to the legislative council must be in electronic format under IC 5-14-6.