(a) An authority may:
(1) acquire, construct, own, operate, and maintain a transit authority system;
(2) use any public way; and
(3) construct, repair, and maintain a municipal street, as authorized by the governing body of a municipality in the authority.
(b) In the exercise of a power under Subsection (a), an authority may relocate or reroute, or alter the construction of, any public or private property, including:
(1) an alley, road, street, or railroad;
(2) an electric line and facility;
(3) a telegraph and telephone property and facility;
(4) a pipeline and facility; and
(5) a conduit and facility.