Section 1-25-50 - Project Managing Agency; powers and duties(A) A Project Managing Agency shall be formed at each designated site pursuant to the provisions of subsection Section 1-25-60(D). The powers and duties of the Project Managing Agency shall include, but not be limited to, the following: (1) To execute those powers and duties assigned to the Interagency Demonstration Area Coordinating Committee in subsection Section 1-25-60(F)(2) To oversee and administer the planning and implementation of the project at the site wherein it sits;(3) To keep a record of the project's acts at the site wherein it sits;(4) To aid in the annual reports called for in Section 1-25-100.(B) Each Project Managing Agency may, in the performance of its duties employ or acquire such administrative, clerical, stenographic and other personnel as may be necessary to effectuate the provisions of this section.(C) Each project Managing Agency shall be authorized to apply for and receive federal, state and local funds, grants and other funding.1978 Act No. 644, Part II, Section 30.