Except as otherwise provided hereinafter, the board shall make recommendations to the city council on the operation of the Sioux City transit system including, but not limited to the following areas:

    1. Rules and regulations for the control, operation, supervision and maintenance of the system;

    2. The purchase, lease, sale, or exchange of any property for the benefit and efficient operation of the system and the terms and conditions of the transaction;

    3. The necessary personnel to operate the system and their compensation;

    4. The rates and fares for the transportation of passengers and incidental services;

    5. Advertising on buses and other facilities;

    6. The advisability of applying for grants or subsidies from any other unit of government;

    7. The procurement of insurance as is felt necessary for the protection of the system;

    8. Advertisement of services offered by the Sioux City transit system;

    9. The advisability of accepting or rejecting gifts of property or money to the transit system. (Ord. 92/U-360)