Corporate Powers of the City.
Section 3
SEC. 3. Corporate Powers of the City. — The City constitutes a political body corporate and as such is endowed with the attributes of perpetual succession and possessed of the powers which pertain to a municipal corporation to be exercised in conformity with the provision of this Charter. The City shall have the following corporate powers: To have a continuous succession in its corporate name; To sue and be sued; To have and use a corporate seal; To acquire, hold and convey real or personal property; To enter into any contracts and/or agreements; and To exercise such other powers, prerogatives or authority subject to the limitations provided in this Act or laws.