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s. Purchase,take, receive, lease,take by gift, or otherwise acquire, own,hold, <br /> improve, use and otherwise deal in and with real or personal property, or any interest therein, in <br /> the name of PORTAL AGENCY; <br /> t. Sell, convey, lease, exchange,transfer, and otherwise dispose of all of its property <br /> and assets; <br /> u. Sue and be sued, complain and defend, in all courts of competent jurisdiction in <br /> PORTAL AGENCY's name; <br /> v. Make and alter bylaws for the administration and regulation of its affairs; and <br /> w. Any and all other lawful acts necessary to further PORTAL AGENCY's goals <br /> and purposes. <br /> x. Notwithstanding the foregoing, the PORTAL AGENCY shall not have the <br /> authority to issue debt in its own name. <br /> The Portal Agency, as a joint instrumentality of its municipal corporation members under <br /> Chapter 39.34 RCW, shall have no powers or authority that are not held by Washington cities. <br /> SECTION 7. EXECUTIVE BOARD: COMPOSITION AND OPERATION. <br /> a. Composition. The Executive Board shall be composed of one (1)Board <br /> Member from each Principal,plus at least one (1)non-voting Board Member representing <br /> PORTAL AGENCY Subscribers. Such representatives are referred to as a Board Member or <br /> Board Members of the Executive Board. <br /> b. Powers. The Executive Board shall have final decision making authority upon all <br /> policy issues and shall exercise the powers described in Section 6. The Executive Board may <br /> delegate responsibility for execution of Executive Board policies and directives and for day-to- <br /> day operational decision-making to the Manager, including the hiring and supervision of <br /> additional staff positions authorized by the Executive Board, subject to the terms of Section 11. <br /> c. Limitation on Total Number of Voting Board Members on Executive Board:, <br /> Allocation of Executive Board Positions Among Multiple Principals. Notwithstanding the terms <br /> of Subsection 7.a, at no time shall the number of Executive Board Members exceed fifteen (15) <br /> voting members, and for so long as it remains a Principal, no Original Principal shall be required <br /> to share representation of its Board seat with another Principal. If the addition of a new Principal <br /> would cause the number of Executive Board voting Board Members to exceed fifteen(15),then <br /> the Principals with the smallest Population shall share a single Board Member position in order <br /> to reduce the number of Executive Board voting Board Members to fifteen (15);provided that, if <br /> over five (5)Principals would be represented by a single Board Member,then an additional <br /> v. 11.4.13 11 <br />