Wisconsin § 231.03 - Powers.

§ 231.03. Powers.

The authority has all the powers necessary or convenient to carry out and effectuate the purposes and provisions of this chapter. In addition to all other powers granted by this chapter, the authority may: 231.03(1) (1) Adopt bylaws and rules for the regulation of its affairs and the conduct of its business. 231.03(2) (2) Adopt an official seal and alter it at pleasure. 231.03(3) (3) Maintain an office. 231.03(4) (4) Sue and be sued in its own name, plead and be impleaded. 231.03(5) (5) Determine the location and character of any project to be financed under this chapter, and construct, reconstruct, remodel, maintain, enlarge, alter, add to, repair, lease as lessee or lessor and regulate the same, enter into contracts for any such purpose, enter into contracts for the management and operation of a project or other health facilities, educational facilities, nonprofit facilities, or research facilities owned by the authority, and designate a participating health institution, participating educational institution, participating nonprofit institution, or participating research institution as its agent to determine the location and character of a project undertaken by the participating health institution, participating educational institution, participating nonprofit institution, or participating research institution under this chapter and as the agent of the authority, to construct, reconstruct, remodel, maintain, manage, enlarge, alter, add to, repair, operate, lease as lessee or lessor and regulate the same, and as the agent of the authority, to enter into contracts for any such purpose, including contracts for the management and operation of such project or other health facilities, educational facilities, nonprofit facilities, or research facilities owned by the authority. 231.03(6) (6) Subject to s. 231.08 (7) , issue bonds of the authority to do any of the following: 231.03(6)(a) (a) Finance any project undertaken by a participating health institution if any of the following applies: 231.03(6)(a)1. 1. The department of health services approves the project under subch. II of ch. 150 . 231.03(6)(a)2. 2. The department of health services need not approve the project under subch. II of ch. 150 because the cost of the project is equal to or less than the amount in s. 150.21 (3) or (4) and the cost of the project is equal to or greater than 5 percent of the annual operating expenses of the participating health institution. 231.03(6)(a)3. 3. The project is for any of the following purposes: 231.03(6)(a)3.a. a. A capital expenditure, by or on behalf of a hospital, that under generally accepted accounting principles is not properly chargeable as an expense of operations or maintenance, including the cost of studies, surveys, plans and other activities essential to the proposed capital expenditure. 231.03(6)(a)3.b. b. The addition of a service or unit or expansion of an existing service or unit by or on behalf of a hospital. 231.03(6)(a)3.c. c. The expenditure, by or on behalf of a hospital, independent practitioner, partnership, unincorporated medical group or service corporation, as defined in s. 180.1901 (2) , or the substantially equivalent laws or rules of another state, for clinical medical equipment. 231.03(6)(a)3.d. d. The acquisition of a hospital. 231.03(6)(a)3.e. e. An addition to a hospital’s bed capacity. 231.03(6)(a)3.f. f. The construction or operation of an ambulatory surgery center or a home health agency. 231.03(6)(a)3.g. g. The acquisition, construction, renovation, improvement or equipping of a health facility described in s. 231.01 (5) (a) 4. , including projects begun before August 1, 1987. 231.03(6)(b) (b) Refinance outstanding debt of any participating health institution. 231.03(6)(c) (c) Finance any project undertaken for an educational facility. 231.03(6)(d) (d) Refinance outstanding debt of any participating educational institution. 231.03(6)(g) (g) Finance a purchase, or make a loan, under sub. (20) . Bonds issued under this paragraph shall be payable from, or secured by interests in, tobacco settlement revenues and such other property pledged under the bond resolution and, notwithstanding s. 231.08 (3) , are not required to mature in 50 years or less from the date of issue. 231.03(6)(h) (h) Finance any project undertaken for a research facility by a participating research institution. 231.03(6)(i) (i) Refinance outstanding debt of any participating research institution. 231.03(6)(j) (j) Finance any project undertaken for a nonprofit facility by a participating nonprofit institution. 231.03(6)(k) (k) Refinance outstanding debt of any participating nonprofit institution. 231.03(7) (7) Fix and revise from time to time and charge and collect rates, rents, fees, and charges for the use of and for the services furnished or to be furnished by a project or other health facilities, educational facilities, nonprofit facilities, or research facilities owned by the authority or any portion thereof, contract with any person in respect thereto and coordinate its policies and procedures, and cooperate with recognized health facility, educational facility, nonprofit facility, or research facility rate setting mechanisms. 231.03(8) (8) Adopt rules for the use of a project or other health facility, educational facility, nonprofit facility, or research facility or any portion of the project or facility owned, financed, or refinanced in whole or in part by the authority, including any property used as security for a loan secured through, from, or with the assistance of the authority. The authority may designate a participating health institution, participating educational institution, participating nonprofit institution, or participating research institution as its agent to establish rules for the use of a project or other health facilities, educational facilities, nonprofit facilities, or research facilities undertaken for that participating health institution, participating educational institution, participating nonprofit institution, or participating research institution. The rules shall ensure that a project, health facility, educational facility, research facility, nonprofit facility, or property may not be used primarily for sectarian instruction or study or as a place for devotional activities or religious worship. 231.03(9) (9) Employ or contract for consulting engineers, architects, attorneys, accountants, construction and financial experts and such other employees and agents as it finds necessary and fix their compensation. Any employee of the authority shall be exempt from subch. II of ch. 230 , except s.