§ 7-89-117. Wage Rates and Benefits for Workers — Solicitation of Bids From Minority-Owned Businesses
In the case of an authority created by a municipality subject to title 7, chapter 4, part 2, the authority shall, if otherwise applicable, be subject to §§ 7-4-205 and 7-4-206 in addition to the metropolitan government; provided, that, notwithstanding any contrary provision of §§ 7-4-205 and 7-4-206, the governing body of the municipality may, […]
§ 7-89-118. Disposition of Earnings
The authority shall be a public nonprofit corporation, and no part of its net earnings 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 determines that sufficient provision has been made for the full payment of the expenses, […]
§ 7-89-119. Dissolution — Disposition of Property
Whenever the board of directors of an authority or the governing body of the creating municipality by resolution determines that the purposes for which the authority was formed have been substantially accomplished and all bonds theretofore issued and all obligations theretofore incurred by the authority have been fully paid, the members of the board of […]
§ 7-89-120. Joint Operation of Authorities
The powers conferred upon authorities created under this chapter may be exercised by two (2) or more such authorities acting jointly. Two (2) or more municipalities by resolution may, by acting jointly, incorporate a convention center authority to effectuate the purposes of this chapter. When two (2) or more municipalities incorporate such an authority, each […]
§ 7-89-108. Board of Directors
The authority shall have a board of directors in which all corporate powers of the authority shall be vested. The board shall consist of no fewer than seven (7) directors, all of whom shall be duly qualified voters of the municipality. A director shall serve without compensation, except that the authority may reimburse a director […]
§ 7-89-109. Authority Shall Be Public Nonprofit Corporation — Powers of Authority
Each convention center authority created pursuant to this chapter shall be a public nonprofit corporation and a public instrumentality of the municipality with respect to which the authority is organized. The authority shall have the following powers, together with all powers incidental to the following powers or necessary for the performance of those powers, to: […]
§ 7-89-110. Annual Audit and Report
The board of directors of each authority shall cause an annual audit to be made of the books and records of its authority. The comptroller of the treasury, through the department of audit, shall be responsible for determining that the audits are prepared in accordance with generally accepted governmental auditing standards and that the audits […]
§ 7-89-101. Short Title
This chapter shall be known and may be cited as the “Convention Center Authorities Act of 2009.”
§ 7-89-102. Legislative Findings — Purpose — Liberal Construction
It is found and determined that: There is an immediate need to promote and further develop tourism, convention and employment opportunities in this state, by facilitating the acquisition, construction and rehabilitation of convention center facilities along with associated hotel accommodations; transportation infrastructure; tourism, theatre, retail business and commercial office space facilities; parking facilities; parks; greenways; […]
§ 7-89-103. Chapter Definitions
As used in this chapter, unless the context otherwise requires: “Authority” or “convention center authority” means any public corporation organized pursuant to this chapter; “Board” or “board of directors” means the governing body of the authority; “Bonds” or “revenue bonds” means bonds, notes, interim certificates or other obligations of an authority issued pursuant to this […]