In addition to any powers that it may otherwise have, a sponsoring municipality may do any of the following: (1) Make grants or loans to a district upon terms that the sponsoring municipality considers appropriate. (2) Expend public funds to subsidize a district. (3) Borrow money under ss. 67.04 and 67.12 (12) for exposition center facilities or to fund grants, loans or subsidies to a district.
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