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necessary to implement the overall plan. <br />The Member Cities further understand and agree that the LRRWMO in reviewing, <br />ordering, or authorizing these projects will use the best management practices required to meet <br />state and federal statutes and regulations. The LRRWMO will also consider the ability of the <br />Member Cities to fund the enforcement of local controls and any ordered capital improvements. <br />The LRRWMO shall incorporate financial review and anticipated sources of revenue as a part of <br />the overall management plan and as a part of local water management plans. <br />Subdivision 10. It shall regulate, conserve and control the use of storm and surface water <br />and groundwater within the Watershed necessary to implement the overall plan. <br />Subdivision 11. It shall contract for or purchase such insurance as the Board deems <br />necessary for the protection of the LRRWMO. <br />Subdivision 12. It may establish and maintain devices for acquiring and recording <br />hydrological and water quality data within the Watershed. <br />Subdivision 13. It may enter upon lands, in a lawful manner, within or without the <br />Watershed to make surveys and investigations to accomplish the purposes of the LRRWMO. <br />The LRRWMO shall be liable for actual damages resulting therefrom but every person who <br />claims damages shall serve the Chair or Secretary of the Board with a Notice of Claim as <br />required by Minnesota Statutes, Section 466.05. <br />Subdivision 14. It shall provide any Member City with technical data or any other <br />information of which the LRRWMO has knowledge that will assist the Member City in <br />preparing land use classifications or local water management plans within the Watershed. <br />Subdivision 15. It may provide legal and technical assistance in connection with <br />litigation or other proceedings between one or more of its Member Cities and any other political <br />subdivision, commission, board or agency relating to the planning or construction of facilities to <br />drain or pond storm waters or relating to water quality within the Watershed. The use of <br />LRRWMO funds for litigation shall be only upon a favorable vote of a majority of the eligible <br />votes of the then existing Commissioners. <br />Subdivision 16. It may accumulate reserve funds for the purposes herein mentioned and <br />may invest funds of the LRRWMO not currently needed for its operations, in the manner and <br />subject to the laws of Minnesota applicable to statutory cities. <br />Subdivision 17. It may collect monies, subject to the provisions of this agreement, from <br />its Member Cities, Anoka County and from any other source approved by a majority of its <br />Commissioners. <br />Subdivision 18. It may accept gifts, apply for and use grants or loans of money or other <br />property from the United States, the State of Minnesota, a unit of government or other <br />governmental unit or organization, or any person or entity for the purposes described herein; may <br />438695v4 LW105 -1 <br />7 <br />