| (2) | The authority may:
| (a) | facilitate and bring about the development of inland port uses on land that is part of the authority jurisdictional land or that is in other authority project areas, including engaging in marketing and business recruitment activities and efforts to encourage and facilitate:
| (i) | the development of an inland port on the authority jurisdictional land; and |
| (ii) | other development of the authority jurisdictional land consistent with the policies and objectives described in Subsection 11-58-203(1); |
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| (b) | facilitate and provide funding for the development of land in a project area, land related to land in a project area, and land adjacent to a project area, including:
| (i) | the development of public infrastructure and improvements in a project area and directly adjacent to a project area; and |
| (ii) | other infrastructure and improvements, including environmental sustainability projects, on or related to land in a project area; |
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| (c) | engage in marketing and business recruitment activities and efforts to encourage and facilitate development of the authority jurisdictional land; |
| (d) | apply for and take all other necessary actions for the establishment of a foreign trade zone, as provided under federal law, covering some or all of the authority jurisdictional land; |
| (e) | as the authority considers necessary or advisable to carry out any of the authority's duties or responsibilities under this chapter:
| (i) | buy, obtain an option upon, or otherwise acquire any interest in real or personal property; |
| (ii) | sell, convey, grant, dispose of by gift, or otherwise dispose of any interest in real or personal property; |
| (iii) | provide funding, through a grant or agreement, to another governmental entity for the governmental entity to help fulfill the authority's duties and responsibilities; or |
| (iv) | enter into a lease agreement on real or personal property, either as lessee or lessor; |
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| (g) | enter into contracts generally; |
| (h) | provide funding for the development of public infrastructure and improvements or other infrastructure and improvements on or related to the authority jurisdictional land or other authority project areas; |
| (i) | exercise powers and perform functions under a contract, as authorized in the contract; |
| (j) | receive the property tax differential, as provided in this chapter; |
| (k) | accept financial or other assistance from any public or private source for the authority's activities, powers, and duties, and expend any funds so received for any of the purposes of this chapter; |
| (l) | borrow money, contract with, or accept financial or other assistance from the federal government, a public entity, or any other source for any of the purposes of this chapter and comply with any conditions of the loan, contract, or assistance; |
| (n) | hire employees, including contract employees; |
| (o) | transact other business and exercise all other powers provided for in this chapter; |
| (p) | engage one or more consultants to advise or assist the authority in the performance of the authority's duties and responsibilities; |
| (q) | work with other political subdivisions and neighboring property owners and communities to mitigate potential negative impacts from the development of authority jurisdictional land; |
| (r) | own, lease, operate, or otherwise control public infrastructure and improvements in a project area; |
| (s) | exercise powers and perform functions that the authority is authorized by statute to exercise or perform; |
| (t) | develop and implement world-class, state-of-the-art, zero-emissions logistics to:
| (i) | support continued growth of the state's economy; |
| (ii) | promote the state as the global center of efficient and sustainable supply chain logistics; |
| (iii) | facilitate the efficient movement of goods on roads and rails and through the air; and |
| (iv) | benefit the commercial viability of tenants and users; and |
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| (u) | attract capital and expertise in pursuit of the next generation of logistics solutions. |
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