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of Authority ~uring the term of such <br /> contract, notwithstanding termination of <br /> this agreement, subject to equitable <br /> adjustments required by paragraph 13. <br /> <br /> (D) Member jurisdictions shall provide such <br /> <br /> reasonable assurances and perform such <br /> reasonable acts, including execution of <br /> claims and grant applications, as are <br /> reasonably necessary to give effect to <br /> this paragraph. <br /> <br />iv. Hire agents and employees and contract for <br /> professional or other services. Member <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 mersonal <br /> <br /> property, including transportation ecuipment <br /> and facilities; <br /> <br />viii. Incur debts, liabilities and obligations; <br /> <br />ix. invest in the treasury of the member <br /> jurisdiction designated as ,r:uthority Treasurer' <br /> moneys not needed for immediate necessities as " <br /> the [%oat-d of Directors deems advisable; <br /> provided that such investments shall be on the <br /> same ternins and conditions as other local <br /> entities' investments in accor. dance with <br /> Government Code Section 53601; <br /> -8- <br /> <br /> <br />