The Florida Senate

341.822  Powers and duties.--

(1)  The authority created and established by this act shall plan, administer, and manage the preliminary engineering and preliminary environmental assessment of the intrastate high-speed rail system in the state, hereinafter referred to as "intrastate high-speed rail."

(2)  The authority may exercise all powers granted to corporations under the Florida Business Corporation Act, chapter 607, except the authority may not incur debt.

(3)  The authority shall have perpetual succession as a body politic and corporate.

(4)  The authority is authorized to seek federal matching funds or any other funds to fulfill the requirements of this act.

(5)  The authority may employ an executive director, permanent or temporary, as it may require and shall determine the qualifications and fix the compensation. The authority may delegate to one or more of its agents or employees such of its power as it deems necessary to carry out the purposes of this act, subject always to the supervision and control of the authority.

History.--s. 2, ch. 2001-153.