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of Authority during the term of such <br />contract, notwithstandinc termination of <br />this agreement, subject to equitable <br />adjustments required by paragraph 13. <br />(D) Member jurisdictions shall provide such <br />reasonable assurances and perform such <br />reasonable acts, including execution of <br />claims and grant applications, as are <br />reasonably necessary to e+ive effect to <br />this paragraph. <br />iv. Hire agents and employees and contract for <br />professional or other services. PSember <br />jurisdictions may be reimbursed for the value <br />of services rendered; <br />v. Enter into contracts; <br />vi. Sue and be sued; <br />vii. Acquire, hold, or dispose of real and personal <br />property, including transportation equipment <br />and facilities; <br />viii.Incur debts, liabilities and obligations; <br />ix. Invest in the treasury of the member <br />jurisdiction designated as Authority mreasurer <br />moneys not needed far immediate necessities as <br />• the Roard of Directors deems advisable; <br />provided that such investments shall be on the <br />same terms and conditions as other local <br />entities' investments in accordance with • <br />• Government Code Section 53601; <br />..g_ <br />