18. (1) Every municipality, under its corporate name, has perpetual succession, and may(a) acquire all movable and immovable property required for municipal purposes, by purchase, donation, legacy or otherwise; erect and maintain on the said immovable property a public hall and all other buildings which it may require for municipal purposes; alienate for valuable consideration any movable or immovable property; the secretary-treasurer shall publish each month a notice indicating all property of a value exceeding $10,000 that has been alienated by the municipality otherwise than by auction or by public tenders; the notice shall describe each property and indicate, in respect of each, the alienation price and the identity of the purchaser;
(a.1) lease its property, although such power does not enable the municipality to acquire or build property principally for leasing purposes;
(b) purchase for cash or otherwise acquire, for the use of the municipality, lands situated outside the territory of the municipality; such lands shall not, however, form part of the territory of the municipality acquiring them but shall remain, where applicable, part of the municipal territory in which they are situated;
(c) enter into contracts, bind and oblige itself, and bind and oblige others to itself, and transact within the limits of its powers;
(d) sue and be sued in any cause, before any court;
(e) exercise all the powers in general vested in it, or which are necessary for the accomplishment of the duties imposed upon it;
(f) have a seal, the use of which, however, is not obligatory.
(2) Such municipality may also(a) assist in the undertaking and furtherance, in the territory of the municipality and elsewhere, of works of charity, education, scientific, artistic or literary culture, youth training, and generally of any social welfare enterprise of the population;
(b) assist in the organization of recreational guidance centres and public places for sports and recreation;
(c) found and maintain bodies for industrial, commercial or tourist promotion or assist in their foundation and maintenance;
(d) grant subsidies to institutions, partnerships or legal persons devoted to the pursuit of the aforesaid purposes;
(e) entrust to non-profit institutions, partnerships or legal persons, the organization and management, for the account of the municipality, of activities or bodies mentioned in subparagraphs b and c of this subsection and, for such purpose, make contracts with them and grant them the necessary funds.
The total amount which the municipality may appropriate each year for the purposes of this subsection shall not exceed the budgetary percentage previously approved by the Minister. The approval is valid as long as it is not revoked or modified.