§ 11-25-117. Net Earnings
As a public body, no part of the net earnings of the authority remaining after payment of its expenses shall inure to the benefit of any individual, firm or corporation, except that in the event the board of directors of the authority shall determine that sufficient provision has been made for the full payment of […]
§ 11-25-118. Dissolution of the Corporation
Whenever the board of directors of the authority, by resolution, determines that there has been substantial compliance with the purposes for which the authority was formed, and all bonds theretofore issued and all obligations theretofore incurred by the authority have been fully paid, then the members of the board of directors shall thereupon execute and […]
§ 11-25-119. Construction of Chapter
This chapter shall not be construed as a restriction or limitation upon any powers that an authority, as a public corporation, might otherwise have under any laws of this state, but shall be construed as cumulative of any such powers. No proceedings, notice or approval shall be required for the organization of the authority or […]
§ 11-25-116. Execution in the Name of the Corporation
All leases, contracts, deeds of conveyance, or instruments in writing executed by the authority, shall be executed in the name of the authority by the chair of the authority, or by such other officer as the board of directors of the authority, by resolution, may direct.
§ 11-25-107. Powers of the Authority — No Permit for Solid Waste Management Facility Shall Be Issued
The authority has the following powers necessary for carrying out the purposes set forth in this chapter to: Adopt a seal; Sue and be sued and to prosecute and defend, at law or in equity, in any court having jurisdiction of the subject matter and of the parties; Purchase, hold, sell and convey land and […]
§ 11-25-108. Additional Powers and Duties — Authority Defined as an Adventure Tourism Business
In addition to other powers and duties specified in this chapter, the authority shall: Establish bylaws and make all rules and regulations not inconsistent with this chapter, deemed expedient for the management of the affairs of the authority; Set the amount of all fees required by this chapter; Receive, administer and account for all moneys […]
§ 11-25-109. Meetings — Records — Business Plans — Governmental Immunity
All meetings of the authority’s board, including the organization’s meeting provided for in § 11-25-106(c), shall be open to the public, pursuant to § 8-44-102. Notice and an agenda for such meetings shall be mailed to each board member and published on the authority’s website at least five (5) days prior to the date of […]
§ 11-25-110. Initial Meeting
At the initial meeting of the board, the board and The Nature Conservancy shall undertake to develop and publish a written management plan for the authority, which shall be publicly available. The board has the power to employ engineers, surveyors, conservation experts, outdoor recreation experts, management experts, and other professionals necessary for such study, and […]
§ 11-25-111. Contribution of Funding, Facilities, and Equipment — Financing
The governing body of the county, or the governing body of any city or town, adjacent to or in the proximity of any real property owned by the authority, has the right to contribute, out of the general fund or any special fund of such county or city, such amount as such legislative body sees […]
§ 11-25-112. No Power of Eminent Domain
The authority shall not have the power of eminent domain.