(a) subject to budgetary constraints, to enter into contracts necessary for the implementation of any management plan approved by the Province and the State of Maine;

(b) subject to budgetary constraints, to acquire and dispose of real property as necessary to perform its obligations under the Memorandum of Understanding and under this Act;

(c) to engage in cooperative efforts with municipal governments and other organizations or individuals in the Waterway in respect of the development, improvement or maintenance of real property in the Waterway; and

(d) to seek funding from the Province, from the State of Maine and from other public and private sources in order to obtain the funds necessary to realize the objectives of the Commission.