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§ 7-87-111. Powers of Municipalities With Regard to Port Authorities

Any municipality or municipalities with respect to which the authority has been created has all necessary powers in order to further the purposes of this chapter, including, but not limited to, the following, any or all of which powers may be exercised by resolution of its governing body: Advance, donate or lend money or real […]

§ 7-87-112. Dissolution of an Authority

Whenever the governing body of the municipality or municipalities with respect to which the authority has been created shall, by resolution, determine that the purposes for which the authority was created have been substantially accomplished, that all of the bonds and other obligations of the authority have been fully paid, and that such municipality has […]

§ 7-87-113. Powers Supplemental to Existing Powers

The powers conferred by this chapter shall be in addition and supplemental to the powers conferred by any other law, and are not in substitution for such powers, and the limitations imposed by this chapter shall not affect such powers. The powers granted in this chapter may be exercised without regard to requirements, restrictions or […]

§ 7-87-114. Construction

This chapter shall be liberally construed to effect the purposes set forth in this chapter, and insofar as this chapter may be inconsistent with any other law, this chapter shall be controlling.

§ 7-87-105. Board of Commissioners

The governing body of the authority shall be a board of commissioners of eight (8) persons appointed by the executive officer of the municipality and approved by its governing body, none of whom shall have a financial interest in a port or its concessions, or be an employee of the municipality. Commissioners first appointed to […]

§ 7-87-106. Officers — Budget — Reports

The board shall appoint a president, who shall be the chief executive and administrative officer of the authority, and shall enter into a contract with that person establishing the salary and term of office. The president shall appoint, and the board shall confirm, the following additional officers: a secretary, an auditor, legal counsel, a treasurer, […]

§ 7-87-107. Powers of the Authority

An authority created pursuant to this chapter has all powers necessary to accomplish the purposes of this chapter, excluding the power to levy and collect taxes and special assessments, including, but not limited to, the following: Have perpetual succession, sue and be sued, and adopt a corporate seal; Plan, establish, acquire, construct, improve and operate […]

§ 7-87-108. Acquisition of Land

Any municipality, county, or any other form of local government may acquire any interest in land within the boundaries of the local government by gift, purchase, lease, condemnation or any other means, and may transfer that interest to any authority by sale, lease or gift. The transfer may be authorized by resolution or by ordinance […]

§ 7-87-109. Bond Issuance

An authority has the power to borrow money for any corporate purposes and issue revenue bonds for any corporate purposes, including revenue refunding bonds, in such form and upon such terms as it may determine, payable out of any revenues of the authority, including grants or contributions from the federal government or other sources. Such […]

§ 7-87-110. Civil Service Plan

The authority, by action of its board, may elect to come under the civil service plan of the municipality, to be administered by the civil service commission or board of such municipality, or may adopt its own civil service plan to be administered by the board, which plan shall include, but need not be limited […]