§ 68-221-610. Power to Condemn Property
An authority has the power to condemn either the fee or such right, title, interest or easement in the property as the board may deem necessary for any of the purposes mentioned in this part, and such property or interest in such property may be so acquired whether or not the same is owned or […]
§ 68-221-611. Power to Issue Bonds — Conditions of Bonds — Rights of Bondholders — Execution — Tax Exemption — Legal Investment
The authority has the power to issue negotiable bonds from time to time in order to accomplish any of the purposes authorized by this part, and it also has the power to issue bonds in the same manner and under the same provisions as municipalities or metropolitan governments or counties are empowered to issue bonds […]
§ 68-221-612. Powers to Incur Debt in Anticipation of Federal or State Aid — Sale of Bonds to Federal Agency — Issuance of Temporary Obligations
Notwithstanding any other laws of this state or any of its political subdivisions, any authority which has contracted for and accepted an offer or a grant of federal or state aid, or both, for a particular project for which the authority may raise or expend money, may, upon resolution of its board, incur indebtedness in […]
§ 68-221-613. Administration by Civil Service — Adoption of Civil Service Plan by Authority — Requirements
The authority by action of its board may elect to come under the civil service plan of the creating governmental entity, to be administered by the civil service commission or board of such governmental entity; or may adopt its own civil service plan to be administered by the board, which plan shall include, but need […]
§ 68-221-614. Powers of Participating Governmental Entities
Any creating governmental entity and any participating governmental entity has all necessary powers in order to further the purposes of this part, including, without limitation, the following, any or all of which powers may be exercised by resolution of its governing body, to: Advance, donate or lend money on real or personal property to the […]
§ 68-221-605. Appointment of Commissioners — Members — Election of Officers — Jurisdiction
The governing body of the authority shall be a board of commissioners of five (5) persons appointed by the executive officer of the creating governmental entity and approved by its governing body. The board of commissioners shall include a person of good standing and reputation in each of the following fields: engineering, law, industry or […]
§ 68-221-606. Executive Director — Other Officers — Budget
The board shall appoint an executive director, who shall be the chief executive and administrative officer of the authority, and who shall enter into a contract with the executive director establishing such director’s salary and term of office. The executive director shall appoint, and the board shall confirm, the following additional officers: A secretary; An […]
§ 68-221-514. Enforcement of Agreement by the State
The state, either through the authority or the department, shall have the right, in addition to all other rights, by mandamus or other suit, action or proceeding in any court of competent jurisdiction, to require the municipality and the governing body and any proper officer, agent or employee of the municipality to carry out any […]
§ 68-221-515. Limit on Indebtedness Not Applicable
Municipalities may enter into loan agreements under the provisions of this part, notwithstanding and without regard to any limit on indebtedness provided by law.
§ 68-221-516. Action of Municipality by Resolution
All action required or authorized to be taken under this part by the governing body of any municipality may be by resolution, which resolution may be adopted at the meeting of the governing body at which such resolution is introduced, and shall take effect immediately upon its adoption.