Section 1654. Powers of directors

The directors may name an architect and
  such  other  officers  and  employees  as  may  be needed, and fix their
  compensation; may prepare plans for financing,  constructing,  equipping
  and   operating   additional   exhibition   buildings,  and  office  and
  administration building or buildings, besides  the  present  manufacture
  and  liberal  arts building; and may execute such plans, to the end that
  such buildings  may  be  erected  and  made  available  for  office  and
  administration  purposes and for exhibits encouraging agriculture, arts,
  manufactures and trade, and shall be so far as is consistent with  those
  ends  self-liquidating  and  even helpful to the other operations now or
  hereafter carried on in connection with the state fair. In the  exercise
  of those powers the directors may do the following things, among others,
  either  directly  or  through  officers and employees, and the following
  list of powers shall not be deemed complete or exclusive, or to deny the
  existence of other powers, whether similar or different, so long as they
  are reasonably necessary for accomplishing  the  purposes  declared  and
  indicated in this title:
    (a)  Hold  and  manage  the  real  property  hereby  conveyed  to  the
  authority, and any hereafter acquired by it, under any form of title  or
  possession,  and  acquire,  lease, erect, construct, equip, maintain and
  operate office, administration and exhibition buildings and  facilities;
  and  for  such  purposes acquire other real property, by agreement or by
  condemnation, including options and leases thereon as well as all  other
  forms  of  acquisition,  and to improve and equip the same, and to lease
  space and facilities and rights in the same, as may seem advisable;
    (b) Execute contracts, bonds, certificates of indebtedness  and  other
  obligations,  and make them a lien upon the property held and the income
  to be derived therefrom and any part of either, and sell and dispose  of
  its  bonds  or  other  obligations  in such amounts and at such rates of
  interest as may be advisable.
    (c) Fix, impose and collect rentals and license fees relative  to  any
  or  all business or exhibitions carried on in the buildings or involving
  the  use  of  facilities  in  connection  therewith;  make   rules   and
  regulations  which  shall  govern all such business and exhibits and all
  persons coming into or upon  the  premises  owned  or  occupied  by  the
  authority,  and  provide  and  enforce  penalties and liquidated damages
  relative to breaches of such rules and regulations  and  any  leases  or
  contracts entered into.
    * NB Repealed October 6, 2009