(1) The Oregon Department of Administrative Services may obtain title in the name of the State of Oregon by purchase, agreement, donation or exercise of the power of eminent domain, for development as a part of the capitol area to all land lying within the Capitol Mall.
(2) From time to time, when offered at proper prices and from funds available through appropriations for such purpose or through the Emergency Board, the department may purchase or acquire by agreement or donation, for development as a part of the capitol area, land lying within the Capitol Mall.
(3) The department may improve and develop the land acquired in a manner to accomplish the purpose and intent of ORS 276.054.