Among its other duties, the board shall also be required to:
(1) Govern, or exercise authority, over the corps;
(2) Appoint a director to function as chief administrative officer of the corps;
(3) Make annual reports to the Governor and the Legislative Research Commission, and biennial reports to the Kentucky General Assembly;
(4) Advise the Governor and the director with respect to projects assigned to and undertaken by the corps;
(5) Consider and act on any and all matters referred to it by the director; and (6) Investigate any irregularities reported by the public.