The Authority may: adopt bylaws for the conduct of its business; adopt a seal; sue or be sued; maintain an office at a place it designates in Baltimore City; make or accept and manage loans, grants, or assistance of any kind from the federal or State government, a local government, a college or university, a charitable institution, a nonprofit organization, a for–profit organization, or a private source; make grants to individuals; acquire properties in Baltimore City, directly or indirectly, from a person or political subdivision, to improve, manage, market, maintain, or lease, from a person or political subdivision for residential, commercial, or industrial development or redevelopment, including comprehensive renovation or rehabilitation of the land or property on terms the Authority considers reasonable to operate a project in Baltimore City, by: purchase; gift; interest; condemnation; eminent domain, except for owner–occupied residential properties; tax sale; foreclosure; receivership; in rem foreclosure proceedings; easement, or any other interest in land; lease; and rent; acquire, purchase, hold, lease as lessee, and use: a franchise, patent, or license; any real, personal, mixed, tangible, or intangible property; or an interest in the property listed in this item; finance all or part of the acquisition or improvement of a project; sell, lease as lessor, transfer, license, assign, or dispose of property or a property interest that the Authority acquires; fix and collect rates, rentals, fees, royalties, and charges for services and resources the Authority provides or makes available; enter into contracts with any federal, State, or local government agency, a governmental unit, a college or university, charitable institutions, or a private entity or party; exercise power usually possessed by a private corporation in performing similar functions unless to do so would conflict with State law; with the owner’s permission, enter lands or premises to make a survey, a sounding, a boring, or an examination to accomplish the purpose authorized by this subtitle; create, own, control, or be a member of a corporation, limited liability company, partnership, or any other entity; create a special district benefit for the commercial businesses in the target area; open a bank account with a national or local federally insured financial institution; set salaries in accordance with the jurisdiction market rate and outside the State Personnel and Pension System; create a forum for stakeholders to come together on creating a 20–year comprehensive plan around economic, housing, transportation, neighborhood, and green space development within the target zone; serve as a clearinghouse and resource center for promoting coordination and communication on development opportunities for the West North Avenue Corridor; ensure money is being spent effectively and efficiently on development and that development is happening in the appropriate way for the West North Avenue Corridor; provide advisory services to State and Baltimore City agencies on planning and development for the target area; initiate, fund, and monitor for efficiency and effectiveness economic, housing, transportation, neighborhood, and green space development within the target area; make rules and regulations for the operation and use of land, property, and undertakings under the Authority’s jurisdiction; and do all things necessary or convenient to carry out the powers expressly granted by this subtitle.