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§ 14-303-201. Creation and members

(a) Any city of the first class may by ordinance create a municipal tollway authority, herein sometimes referred to as “the authority,” composed of five (5) citizens who are qualified electors of the city involved. (b) The ordinance creating the authority shall appoint the members of the authority. Of those first appointed, one (1) shall […]

§ 14-303-202. Organization

(a) The authority shall elect from among its members a chairman and a secretary who shall serve for such terms as the authority shall determine. (b) The secretary shall be the authority’s disbursing agent and executive officer. The secretary shall furnish bond, with a corporate surety, in the penal sum of fifty thousand dollars ($50,000) […]

§ 14-303-203. Meetings

(a) Meetings of the authority shall be held on call by the chairman or by any three (3) or more members, upon reasonable advance notice to each member, at such places as may suit the authority’s convenience. (b) A quorum for the transaction of business at any meeting shall consist of not less than three […]

§ 14-303-204. Powers and duties

An authority is authorized and empowered to: (1) Acquire, by purchase or exercise of eminent domain, sites, and rights-of-way for and to construct, reconstruct, extend, maintain, repair, and operate tollway projects as defined in this chapter at such locations within the city involved as it shall determine and, in accordance with such design and construction […]