The board of directors may:

1. 1. Purchase surgical instruments, hospital equipment, urgent care equipment, medical clinic equipment, nursing care equipment, ambulance equipment and other property and supplies necessary for equipping the district's facilities and operations.
2. 2. Purchase real property.
3. 3. Erect or rent and equip buildings or rooms necessary for the district's facilities and operations.
4. 4. Lease the hospital, any freestanding urgent care center, any medical clinic or any nursing care institution and their respective equipment to any person or corporation to conduct a health care facility on such terms and conditions as the board of directors considers to be beneficial to the district.