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 […]
Section 45-41A-10.10 – Proceeds From Sale of Bonds.
Section 45-41A-10.10 Proceeds from sale of bonds. All moneys derived from the sale of any bonds issued by the authority shall be used solely for the purpose or purposes for which the same are authorized, including, but without limitation to, the use of bond proceeds to establish reserve funds as security for the payment of […]
Section 45-41A-10.11 – Refunding Bonds.
Section 45-41A-10.11 Refunding bonds. (a) Any bonds issued by the authority may from time to time be refunded by the issuance, by sale or exchange, of refunding bonds payable from the same or different sources for the purpose of paying all or any part of the principal of the bonds to be refunded, any redemption […]
Section 45-41A-10.12 – Notice of Bond Resolution.
Section 45-41A-10.12 Notice of bond resolution. Upon the adoption by the board of the authority of any resolution providing for the issuance of bonds, such authority, in its discretion, may cause to be published once a week for two consecutive weeks, in a newspaper published or having a general circulation in the city, a notice […]
Section 45-41A-10.13 – Exemption From Taxation.
Section 45-41A-10.13 Exemption from taxation. The authority formed under this part the property and income of the authority (whether used by it or leased to others), all bonds issued by the authority, the income from such bonds or from any other sources, the interest and other profits from such bonds enuring to and received by […]
Section 45-41A-10 – Legislative Intent.
Section 45-41A-10 Legislative intent. The revitalization and redevelopment of the central business district of the City of Auburn develops and promotes for the public good and general welfare trade, commerce, industry, general business, and employment opportunities and promotes the general welfare of the city and state by creating a climate favorable to the location of […]
Section 45-41A-10.01 – Definitions.
Section 45-41A-10.01 Definitions. The following words and phrases used in this part, and others evidently intended as the equivalent thereof shall in the absence of clear implication herein otherwise, be given the following respective interpretations herein: (1) APPLICANT. A natural person who files a written application with the governing body of the city in accordance […]
Section 45-41A-10.02 – Use of Particular Terms and Phrases.
Section 45-41A-10.02 Use of particular terms and phrases. (a) The following provisions shall be applied wherever appropriate herein: Herein, hereby, hereunder, hereof, and other equivalent words refer to this part as an entirety and not solely to the particular section or portion thereof in which any such word is used. (b) The definitions set forth […]