(1) The governing body of a local entity or the authority board of a local building authority may take an action or proceeding under this chapter by resolution.
(2) Except as specifically required under this chapter:
(a) an ordinance, resolution, or proceeding with respect to a transaction under this chapter is not necessary; and
(b) the publication of a resolution, proceeding, or notice relating to a transaction under this chapter is not necessary.
(3) The governing body of a local entity or authority board of a local building authority may adopt a proceeding under this chapter on a single reading at a legally convened meeting of the governing body or authority board, as the case may be.
(4) Except as specifically provided in this chapter, a resolution adopted or proceeding taken under this chapter is not subject to referendum.