(1) The municipality, acting by and through the board, has the following powers: (a) To have the duties, privileges, immunities, rights, liabilities, and disabilities pertaining to a body corporate and politic and constituting a municipal corporation and political subdivision of the state established as an instrumentality exercising public and essential governmental and proprietary functions to provide for the public health, safety, and general welfare; (b) To have perpetual existence and succession; (c) To adopt, have, and use a corporate seal and to alter the same at pleasure; (d) To sue and to be sued and to be a party to suits, actions, and proceedings; (e) To commence, maintain, intervene in, defend, comprise, terminate by settlement or otherwise, otherwise participate in, and assume the cost and expense of any and all actions and proceedings pertaining to the municipality, its board, its officers, agents, or employees, or any of the municipality's powers, duties, privileges, immunities, rights, liabilities, and disabilities, the facilities or joint system, or any project pertaining thereto or any property of the municipality; (f) To enter into contracts and agreements, including but not limited to contracts with the federal government, the state, and any other public body; and (g) To trade, exchange, purchase, condemn, or otherwise acquire, operate, maintain, and dispose of real property and personal property, including interest therein, either within or without or both within and without the territorial limits of the municipality.
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