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§ 14-361-117. Federal and state aid

(a) Acceptance Authorized, Conditions. (1) Every municipality is authorized to accept, receive, receipt for, disburse, and expend federal and state moneys and other moneys, public or private, made available by grant or loan, or both, to accomplish, in whole or in part, any of the purposes of this chapter. (2) (A) All federal moneys accepted […]

§ 14-361-118. Joint operations — Authorization

(a) (1) For the purposes of this section and §§ 14-361-119 — 14-361-122, unless the context otherwise requires, the term “public agency” includes municipality, as defined in this chapter, any agency of the state government and of the United States, and any municipality, political subdivision, and agency of another state; and (2) The term “governing […]

§ 14-361-119. Joint operations — Agreements

(a) Any two (2) or more public agencies may enter into agreements with each other for joint action pursuant to the provisions of this chapter, and any two (2) or more municipalities are specially authorized to make such agreement or agreements as they may deem necessary for the joint acquisition and operation of airports and […]

§ 14-361-120. Joint operations — Joint boards

(a) (1) Public agencies acting jointly pursuant to this section shall create a joint board which shall consist of members appointed by the governing body of each participating public agency. (2) The number to be appointed, their term, and compensation, if any, shall be provided for in the joint agreement. (b) Each joint board shall […]

§ 14-361-121. Joint operations — Limitations on joint boards

(a) Expenditures. The total expenditures to be made by the joint board for any purpose in any calendar year shall be determined by a budget approved by the governing bodies of its constituent public agencies on or before the preceding December 1. (b) Acquisitions Beyond Sums Allotted. No airport, air navigation facility, airport hazard, or […]

§ 14-361-122. Joint operations — Joint fund

(a) (1) For the purpose of providing a joint board with moneys for the necessary expenditures in carrying out the provisions of this section and §§ 14-361-118 — 14-361-121, a joint fund shall be created and maintained, into which shall be deposited the share of each of the constituent public agencies as provided by the […]

§ 14-361-123. Levy of special tax

In addition to and exclusive of any taxes which may be levied for the interest and sinking fund of any bonds, notes, or time warrants issued under authority of this chapter or any other act of the General Assembly authorizing municipalities to issue such bonds, notes, or warrants for airport purposes, the governing body of […]

§ 14-361-124. Tax exemptions

(a) Any property in this state acquired by a municipality for airport purposes pursuant to the provisions of this chapter and any income derived by the municipality from the ownership, operation, or control thereof, shall be exempt from taxation to the same extent as other property used for public purposes. (b) Any municipality is authorized […]

§ 14-361-116. Disposition of revenues

(a) The revenues obtained by a municipality from the ownership, control, or operation of any airport or air navigation facility, including proceeds from the sale of any airport or portion thereof or air navigation facility property, shall be deposited in a special fund to be called the “ Airport Fund.” (b) The revenues shall be […]