Functions.
Section 6
SEC. 6. Functions.—The functions and activities of the Commission shall be the following: Generally, to manage, administer, operate, maintain improve and modernize, coordinate and otherwise govern the activities in the Port of Cagayan de Oro and in the related terminal facilities located or established, constructed, or organized under the provisions of this Act within the Port District; To investigate, prepare, adopt, implement and execute a comprehensive and orderly plan for the overall development of the Port District and to up-date such plan as may be warranted from time to time; To raise revenue for the Authority through fees, tolls, charges, rentals, and the like for the use of any property, equipment or facility owned or controlled by it; twenty per cent of the income of the Authority shall be allocated to the Special Port Works Funds and ten per cent, to the general fund of the City of Cagayan de Oro; To raise and administer, together with such government revenues as may by law accrue to the Authority, capital outlays by means of loans from any local or foreign financial institutions to finance its projects; To determine by survey and establish by engineering design the exact location, system and character of any and all terminal facilities which it may own, construct, establish, effectuate, operate or control; To construct and maintain terminal facilities including accessory buildings and installations within the Port District: Subject to the paramount jurisdiction of the Republic of the Philippines, to establish and enforce regulations and specifications for the (1) full conservation and protection of navigable waters, within and contiguous to the port (2) proper designation and use of anchorages, harbor lines, pierhead lines and bulkhead lines; and (3) effective control over construction, excavation, or fill in the waters within, adjoining or proximately leading to the port; To prescribe and enforce rules and regulations on the use of wharves, piers and anchorages by ships and on the movements of ships in the waters of the port. To determine the organization of the Authority and create such functional units therein as it may deem necessary in the proper and efficient carrying out of the functions and purposes of the Authority, including the consideration and benefits of the officials and employees.