Wisconsin Statutes Authorities and Public Corporations (Ch. 231 to 235) § 232.05. Powers, duties and restrictions

(a) To make, amend and repeal bylaws for the conduct of its affairs.

(b) To adopt a seal and alter that seal.

(c) To sue and be sued.

(d) To maintain an office.

(e) To accept a loan, contribution or grant.

(f) To execute contracts and other instruments.

(g) To employ legal, financial, technical or other experts and any other necessary employees and to fix their qualifications, duties and compensation, without regard to ch. 230 except s. 230.40.

(a) Receive from the Bradley center corporation a sports and entertainment facility, including any related or auxiliary structure or facility, known as the “Bradley Center”.

(b) Own and operate the Bradley center for the benefit of the citizens of this state.

(c) Adequately provide for the long-term maintenance of the Bradley center.

(d) Seek to enter into contracts for the purchase of goods and services with minority businesses.

(dm) Seek to enter into contracts for the purchase of goods and services with Wisconsin-based businesses.

(e) Annually submit to the governor and to the presiding officer in each house of the legislature an audited financial statement on the operations of the Bradley center, prepared in accordance with generally accepted accounting principles.

(f) Maintain, and make available to the public within a reasonable time after each meeting, the minutes of the meetings of the board of directors. The minutes shall do all of the following:

(h) Within 60 days following the later of the secretary of administration issuing the certification described in s. 229.42(4e)(d) or the expiration of 180 days' written notice delivered by the district to the corporation of the intended construction completion date, complete the sale, exchange, transfer, or divestiture of any part of the Bradley Center that was not previously transferred, as authorized under sub. (3).

(a) Sell, exchange, transfer, or otherwise divest itself of the Bradley Center except to a district, as defined in s. 229.41(4m). The sale, exchange, transfer, or divestiture of the Bradley Center, or any part of the center, to a district, as defined in s. 229.41(4m), shall satisfy and terminate any obligation of the corporation. Except as provided in s. 229.47(2)(b), the corporation may not act under this paragraph before the secretary of administration issues the certification described in s. 229.42(4e)(d).

(b) Dissolve and wind up its affairs except in connection with the sale, exchange, transfer, or divestment of the Bradley Center upon the secretary of administration issuing the certification described in s. 229.42(4e)(d).