Section 59.07. Powers of the Planetarium Authority

The  Planetarium
  Authority shall have power:
    1. To sue and be sued;
    2. To have a seal and alter the same at pleasure;
    3. To acquire, hold and dispose of personal property for its corporate
  purposes;
    4. To make by-laws for the management and regulation of its affairs;
    5. To use the agents, employees and facilities of The American  Museum
  of  Natural History, paying its proper proportion of the compensation or
  cost;
    6. To appoint officers and agents;
    7. To make contracts and  to  execute  all  instruments  necessary  or
  convenient;
    8. By contract or contracts or by its own employees, to construct such
  planetarium  building, together with incidental machinery, equipment and
  facilities;
    9. To purchase or construct, or acquire by  gift,  loan  or  otherwise
  from  The  American  Museum  of  Natural  History  or  other  persons or
  corporations, and install in such planetarium  building,  a  planetarium
  instrument  or  instruments  and such other astronomical instruments and
  exhibits as to such board  shall  seem  best  adapted  for  astronomical
  instruction;
    10. To maintain, reconstruct and operate the planetarium;
    11.  To  charge  or grant to the American Museum of Natural History in
  the lease  the  right  to  charge  admission  fees  for  exhibiting  the
  planetarium  or some part or parts thereof, subject to and in accordance
  with section 59.09 of this title and such agreements with bondholders as
  may be made as hereinafter provided;
    12. To issue negotiable bonds and to provide for  the  rights  of  the
  holders thereof; and
    13.  To  do all things necessary or convenient to carry out the powers
  expressly given by this title.