After preparation of a plan pursuant to Section 93107, the authority may do any of the following:

1. (a) Conduct engineering and other studies related to the acquisition of any railroad line.
2. (b) Evaluate alternative plans from the private sector to acquire, finance, and operate a railroad system.
3. (c) Establish criteria for the award of a franchise.
4. (d) Select a franchisee to acquire, finance, and operate the railroad system.
5. (e) Accept grants, gifts, fees, or allocations from other entities, including private and public sources.
6. (f) Employ an executive officer, other staff, and consultants deemed appropriate for support of the activities of the authority.
7. (g) Establish rates, rentals, charges, and classifications of transportation services operated by, and for, the authority.