1. In any county in which a commission has been created by ordinance, the commission may:
(a) Receive and disburse federal funds;
(b) Submit project applications and programs of projects to federal agencies;
(c) Enter into formal agreements concerning projects with federal agencies; and
(d) Conduct public hearings and certify that such hearings were conducted.
2. If a commission receives federal funds for any project, the commission shall comply with any applicable federal law in relation to providing goods or services related to such project.