§ 19-29-49. Powers to be supplemental
The powers conferred by this chapter shall be in addition and supplemental to the powers conferred by any other law.
§ 19-29-51. Provisions to be controlling
Insofar as the provisions of this chapter are inconsistent with the provisions of any other law, the provisions of this chapter shall be controlling.
§ 19-31-1. Short title
This chapter shall be known and may be cited as the “Public Improvement District Act.”
§ 19-31-3. Legislative findings
The Legislature finds that: There is a need for uniform, focused and fair procedures in state law to provide a reasonable alternative for the establishment, power, operation and duration of independent districts to manage and finance basic public improvement services; and that, based upon a proper and fair determination of applicable facts, an independent district […]
§ 19-31-5. Definitions
As used in this chapter the following terms shall have the meanings ascribed to them in this section unless the context clearly requires otherwise: “Assessable improvements” means any public improvements and community facilities that the district is empowered to provide in accordance with this chapter. “Assessment bonds” means special obligations of the district that are […]
§ 19-31-7. Establishment of public improvement districts; by local ordinance granting petition; public hearing; contents of ordinance; contribution agreements
The method for the establishment of a public improvement district shall be pursuant to an ordinance adopted by the governing body of each county in which the land is located granting a petition for the establishment of a public improvement district. The petition for the establishment of a public improvement district shall be filed by […]
§ 19-31-9. Board of directors; membership, terms, election, voting by proxy; oath of office; filling of vacancy; quorum; officers; minutes; compensation
The board of the district shall exercise the powers granted to the district pursuant to this chapter. The board shall consist of five (5) members as otherwise provided in this section. Each member shall hold office for an initial term of six (6) years and until a successor is chosen and qualifies. The initial members […]
§ 19-31-11. District manager; powers and duties; compensation; treasurer; district funds; audit; depository for district funds
The board shall employ and fix the compensation of a district manager. The district manager shall have charge and supervision of the works of the district and shall be responsible for (a) preserving and maintaining any improvement or facility constructed or erected pursuant to the provisions of this chapter, (b) maintaining and operating the equipment […]
§ 19-29-33. Form and details of bonds
Bonds authorized by resolution of the authority may be issued in one or more series and shall bear such date or dates, mature at such time or times, bear interest at such rate or rates, provided that the bonds of any issue shall not bear a greater overall maximum interest rate to maturity than that […]
§ 19-29-35. Trust agreement securing bonds
In the discretion of the authority, the bonds may be further secured by a trust agreement by and between the authority and a corporate trustee, which may be any trust company or bank incorporated under the laws of the United States or the laws of any state in the United States. Any such trust agreement […]