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(a) The City of Kenai shall have all the powers, functions, rights, privileges, franchises, and immunities of every name and nature whatever, which a home-rule city may have under the Constitution and laws of the State of Alaska. The City may exercise all legislative powers not prohibited by law or by this Charter.

(b) The enumeration or mention of particular powers by this Charter shall not be deemed to be exclusive or limiting; and in addition to the powers enumerated or mentioned herein or implied hereby, the City shall have all powers which, under the State Constitution and law, it would be competent for the Charter specifically to enumerate or mention.