In this section, “Act” means the federal Watershed Protection and Flood Prevention Act. The provisions of §§ 9–105 and 9–106 of this article apply to an act, an ordinance, or a resolution adopted by a commission county under this section. The governing body of a county may: carry out, construct, operate, and maintain any works of improvement in watershed or subwatershed areas qualifying for federal assistance under the Act for: flood prevention; or the conservation, development, use, and disposal of water; satisfy the conditions for federal assistance required under the Act; accept federal grants and technical assistance in accordance with the Act; borrow federal money in accordance with the Act for works of improvement identified under item (1) of this subsection; and notwithstanding any public general law or public local law, evidence the borrowing by issuing instruments that are acceptable to the United States or any of its agencies; and borrow money from private lending institutions and evidence the borrowing by issuing instruments in accordance with Title 19, Subtitle 2 of this article, the county charter, or local laws.