An authority, in addition to its other powers and duties, may do all of the following:

    (a) Adopt bylaws and rules of administration to accomplish the purposes of this act.

    (b) Adopt ordinances that allow the authority to assess fees on owners or occupants of property who receive emergency services to cover the costs of providing emergency services under this act. An ordinance adopted under this subdivision must be rescinded if, within 60 days after the date the ordinance is adopted, 1/3 or more of the municipalities affected by the ordinance vote to rescind the ordinance.

    (c) Apply for and accept grants, loans, or contributions from the federal government or any of its agencies, this state, or other public or private agencies to be used for any of the purposes of this act and to do any and all things within its express or implied powers necessary or desirable to secure that financial or other aid or cooperation in the carrying out of any of the purposes of this act.

    (d) Enter into any contracts with other entities not prohibited by law.

    (e) Investigate emergency services requirements, needs, and programs and engage, by contract, consultants as are necessary and cooperate with the federal government, state, political subdivisions, and other authorities in those investigations.

    (f) Subject to section 10, hire employees, attorneys, accountants, and consultants as the authority considers necessary to carry out the purposes of the authority.

    (g) Enter into a contract or agreement for the purchase of real or personal property for public purposes, to be paid for in installments over a period not to exceed 15 years or the useful life of the property acquired, whichever is less. Real or personal property purchased under this act may serve as collateral in support of the purchase, contract, or agreement.