The commission may do the following:

1. (1) Make and enter into all contracts, undertakings, and agreements necessary or incidental to the performance of the commission's duties and the execution of the commission's powers under this chapter. If the cost of a contract for construction or for the purchase of equipment, materials, or supplies involves an expenditure of more than twenty thousand dollars ($20,000), the commission shall make a written contract with the lowest and best bidder after advertisement for not less than two (2) consecutive weeks in a newspaper of general circulation in Marion County, Indiana, and in other publications if the commission determines. The notice must state the general character of the work and the general character of the materials to be furnished, the place where the plans and specifications may be examined, and the time and place of receiving bids. Each bid must contain the full name of every person or company interested in the bid and must be accompanied by a sufficient bond or certified check on a solvent bank that if the bid is accepted a contract will be entered into and the performance of the bidder's proposal secured. The commission may reject any and all bids. A bond with good and sufficient surety approved by the commission is required of all contractors in an amount equal to at least fifty percent (50%) of the contract price conditioned upon the faithful performance of the contract.
2. (2) Employ employees, fix their compensation, and define their duties.

3. (3) Contract for the following:

   1. (A) Services, including services of engineers, architects, accountants, attorneys, financial advisers, project or construction managers, consultants, and experts as well as other contract services.
   2. (B) Construction.
   3. (C) Materials.
   4. (D) Supplies.
4. (4) Conduct studies of the financial feasibility of proposed park projects.
5. (5) Use the services of professional and other personnel employed by a department or an agency of the state for purposes of studying the feasibility of or designing, constructing, or maintaining a park project.

6. (6) Receive and accept:

   1. (A) from a federal agency grants for or in aid of the acquisition, construction, improvement, or development of a park project; and

   2. (B) aid or contributions from any source of money, property, labor, or other things of value;

      to be held, used, and applied only for the purposes, consistent with the purposes of this chapter, for which the grants and contributions may be made.

7. (7) Provide coverage for the commission's employees under IC 27-7-2 and IC 22-4 .
8. (8) Do all acts and things necessary or proper to carry out the powers expressly granted in this chapter.
9. (9) Hold, use, administer, and expend the money appropriated or transferred to the commission, administer a general operating fund, the revolving fund created by this chapter, create and administer any other fund considered desirable, and enter into a covenant or pledge with respect to a fund created.

10. (10) Accept advances or grants from a state agency or fund authorized to make advances or grants and, for advances, enter into agreements concerning the repayment of the advance and repay the advances.

    [Pre-1995 Recodification Citation: 14-3-12-5.]

As added by P.L.1-1995, SEC.7. Amended by P.L.235-2005, SEC.188.