Section 45-41A-10.17 – Freedom of the Authority From State Supervision and Control.
Section 45-41A-10.17 Freedom of the authority from state supervision and control. This part is intended to aid the state through the furtherance of the purposes of the part by providing an appropriate and independent instrumentality of the state with full and adequate powers to fulfill its functions. Except as expressly provided in this part, no […]
Section 45-41A-10.18 – Earnings of the Authority.
Section 45-41A-10.18 Earnings of the authority. The authority shall be a 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 a board shall determine that sufficient provision has been made for the full […]
Section 45-41A-10.19 – Dissolution of Corporation.
Section 45-41A-10.19 Dissolution of corporation. At any time when the authority has no bonds or other obligations outstanding, its board may adopt a resolution, which shall be duly entered upon its minutes, declaring that the authority shall be dissolved. Upon filing for record of a certified copy of the resolution in the office of the […]
Section 45-41A-10.20 – Existence of Authority to Prevent Subsequent Incorporation.
Section 45-41A-10.20 Existence of authority to prevent subsequent incorporation. The existence of the authority incorporated under this part shall prevent the subsequent incorporation hereunder of another authority pursuant to authority granted by this part. (Act 85-185, p. 40, §21.)
Section 45-41A-10.21 – Loans, Sales, Grants, etc., of Money, Property, etc., to the Authority by the Counties, Municipalities, Etc.
Section 45-41A-10.21 Loans, sales, grants, etc., of money, property, etc., to the authority by the counties, municipalities, etc. For the purpose of effecting the revitalization and redevelopment of the central business district of the city, any county, municipality, or other political subdivision, public corporation, agency, or instrumentality of this state, upon such terms and with […]
Section 45-41A-10.22 – Provisions Cumulative.
Section 45-41A-10.22 Provisions cumulative. The provisions of this part are cumulative and shall not be deemed to repeat existing laws, except to the extent such laws are clearly inconsistent with this part. (Act 85-185, p. 40, §23.)
Section 45-41A-11 – Ad Valorem Taxation for Educational Purposes.
Section 45-41A-11 Ad valorem taxation for educational purposes. The following words and phrases shall have the following meanings: (1) AMENDMENT 8. That amendment to the Constitution that was proposed by Act 650, 1919 Regular Session. (2) AMENDMENT 373. That amendment to the Constitution that was proposed by Act 6, 1978 Second Special Session. (3) CITY. […]
Section 45-41A-10.08 – Powers of Authority.
Section 45-41A-10.08 Powers of authority. (a) The authority shall have the following powers, together with all powers incidental thereto or necessary to the discharge thereof in corporate form: (1) To have succession by its corporate name for the duration of time (which may be perpetuity, subject to Section 45-41A-10.19) specified in its certificate of incorporation. […]
Section 45-41A-12 – Regulation of Alcoholic Beverage Sales on Sunday.
Section 45-41A-12 Regulation of alcoholic beverage sales on Sunday. (a) This section applies to the sale of alcoholic beverages in the City of Auburn on Sunday by retail licensees of the Alcoholic Beverage Control Board for on-premises consumption. (b) The City Council of the City of Auburn, by ordinance adopted by a simple majority, may […]
Section 45-41A-10.09 – Boards of the Authority.
Section 45-41A-10.09 Boards of the authority. (a) All bonds issued by the authority shall be payable solely out of the revenues and receipts derived from the leasing or sale by the board of its projects or of any thereof as may be designated in the proceedings of the board under which the bonds shall be […]