Page:United States Statutes at Large Volume 106 Part 4.djvu/843

 PUBLIC LAW 102-544—OCT. 27, 1992 106 STAT. 3579 nia and a majority of the members of the commission from New Jersey shall vote in favor thereof. "Notwithstanding the above, each State reserves the right to provide by law for the exercise of a veto power by the Governor of that State over any action of any commissioner from that State at any time within 10 days (Saturdays, Sundays, and public holidays in the particular State excepted) after receipt at the Governor's office of a certified copy of the minutes of the meeting at which such vote was taken. Each State may provide by law for the manner of delivery of such minutes, and for notification of the action thereon.". (4) Article IV of the agreement is amended to read as follows: "For the effectuation of its authorized purposes the commission is hereby granted the following powers: "(a) To have perpetual succession. "(b) To sue and be sued. "(c) To adopt and use an official seal. "(d) To elect a chairman, vice-chairman, secretary, and treasurer, and to adopt suitable bylaws for the management of its affairs. The secretary and treasurer need not be members of the commission. "(e) To appoint, hire, or employ counsel and such other officers and such agents and employees as it may require for the performance of its duties, by contract or otherwise, and fix and determine their qualifications, duties, and compensation. "(f) To enter into contracts. "(g) To acquire, own, hire, use, operate, and dispose of personal property. "(h) To acquire, own, use, lease, operate, mortgage, and dispose of real property and interests in real property, and to make improvements thereon. "(i) To grant by franchise, lease, or otherwise, the use of any property or facility owned or controlled by the commission and to make charges therefor. "(j) To borrow money upon its bonds or other obligations, either with or without security, and to make, enter into, and perform any and all such covenants and agreements with the holders of such bonds or other obligations as the commission may determine to be necessary or desirable for the security and payment thereof, including without limitation of the foregoing, covenants and agreements as to the management and operation of any property or facility owned or controlled by it, the tolls, rents, rates, or other charges to be established, levied, made, and collected for any use of any such property or facility, or the application, use, and disposition of the proceeds of any bonds or other obligations of the commission or the proceeds of any such tolls, rents, rates, or other charges or any other revenues or moneys of the commission. "(k) To exercise the right of eminent domain within the Port District. "(1) To determine the exact location, system, and character of and all other matters in connection with any and all improvements or facilities which it may be authorized to own, construct, establish, effectuate, operate, or control. "(m) In addition to the foregoing, to exercise the powers, duties, authority, and jurisdiction heretofore conferred and

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