S.B. 810

VETOES

(v) The utilization of land owned by a State agency for the
establishment of a demonstration energy project on agreement with the State agency and
in consultation with the local governing body in whose jurisdiction the land is situated;

(10)   Require that any applicant for financial assistance provide such
information as the Administration considers necessary and that the recipients of financial
assistance maintain, make available for inspection by the Administration, or submit to the
Administration any report or record that it considers necessary to insure compliance with
the terms and conditions on which assistance is awarded;

(11)   Purchase, receive, hold, lease, or otherwise acquire and sell, convey,
mortgage, or lease, pledge, or otherwise dispose of, on the terms and conditions that the
Administration considers advisable, real and personal property, together with the rights
and privileges that may be incidental and pertaining thereto and the use thereof including
any real or personal property acquired by the Administration from time to time in the
satisfaction of debts or enforcement of obligations;

(12)   Acquire, subscribe for, own, hold, sell, assign, transfer, mortgage, pledge
or otherwise dispose of the stocks, shares, bonds, debentures, notes or other security or
evidence of interest in or indebtedness of any person, and while the owner or holder
thereof to exercise all the rights, powers, and privileges of ownership including the right
to vote thereon;

(13)   Purchase, acquire, or take assignments of a note, mortgage, or other
form of security or evidence of indebtedness and purchase, acquire, attach, seize, accept,
or take title to any energy project by conveyance, or when a mortgage thereon is in default
by foreclosure, deed in lieu of foreclosure, or bankruptcy sale; and sell, lease or rent an
energy project so acquired for any use;

(14)   Borrow money and issue bonds for the purpose of paying all or any part
of the cost of any one or more energy projects or for any other corporate purpose of the
Administration; to secure the payment of this borrowing or any part of it by pledge of all
or any part of its revenues, mortgages, or deeds of trust on all or any part of its properties;
to combine projects for financing or operating purposes; to make agreements with or for
the benefit of the purchasers or holders of bonds or with others in connection with the
issuance of the bonds, whether issued or to be issued, as the Administration may consider
advisable and, in general, to provide for the security of the bonds and the rights of the
holders of the bonds;

(15)   Administer financial assistance programs for energy projects funded by
the issuance of State general obligation bonds, as may be authorized from time to time by
the General Assembly;

(16)   Impose reasonable fees for its services to apply toward its administrative
costs in providing the services;

(17)   Obtain insurance for any energy project;

(18)   Enter into loan modification agreements, if not inconsistent with bond
indentures; and

(19)   Collect and analyze technical data.

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