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(7) To adopt rules for the regulation of its affairs <br /> and the conduct, of its business, and rules for the operation of <br /> the airport and aircraft, including but not limited to safety and <br /> noise abatement rules, and to enforce and administer all such <br /> rules; . <br /> (8) To adopt and alter an official seal; <br /> 11 (9 ) To maintain an office within the City; <br /> ( 10) To construct, reconstruct, improve, equip, repair, <br /> maintain, and operate the airport and such buildings, structures, <br /> roads, alleyways, and any other development of land . as_ the <br /> authority shall determine to be necessary and proper in the <br /> performance of the duties and purposes of this act, within the <br /> boundaries of the airport; <br /> ( 11) To issue revenue bonds or refunding bonds of, the <br /> authority to pay the cost of such acquisition, construction, <br /> reconstruction, improvement, or equipment, subject to approval by <br /> the City Council. <br /> ( 12) To fix and revise from time to time and to collect <br /> rates, fees, and other charges for the use of or for the service <br /> and facilities furnished by or at the airport; and <br /> (13) To do all acts and things necessary or convenient <br /> to carry out the purposes of the Authority. <br /> SECTION SEVEN <br /> Compensation and travel expenses. <br /> The members shall receive no salary or other compensation for <br /> their services as members of the Authority. The Authority shall, <br /> however, have authority to pay reasonable costs and expenses <br /> necessarily incurred by the members in performance of their <br /> duties. The rate for travel expenses shall not exceed .the rate <br /> for City employees. <br /> SECTION EIGHT <br /> • Budget. <br /> The Authority shall during each fiscal year prepare and adopt <br /> an annual budget for such revenue and expense accounts as the <br /> Authority shall prescribe for its operations in the ensuing <br /> fiscal year for approval by the City Council. The fiscal year of <br /> O.R. 2O21PAGE 1767 <br />