Section 45-41A-40.07 – Officers of the Authority.
Section 45-41A-40.07 Officers of the authority. The officers of the authority shall consist of a chair, vice chair, secretary, treasurer, and such other officers as the board shall deem necessary or appropriate. The offices of secretary and treasurer may, but need not, be held by the same person. The chair and vice chair of the […]
Section 45-41A-40.23 – Provisions Cumulative.
Section 45-41A-40.23 Provisions cumulative. The provisions of this part are cumulative and shall not be deemed to repeal existing laws, except to the extent such laws are clearly inconsistent with this part. (Act 84-415, p. 981, §24.)
Section 45-41A-43 – Ad Valorem Taxation for Education Purposes.
Section 45-41A-43 Ad valorem taxation for education purposes. (a) 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) […]
Section 45-41A-40.08 – Powers of the Authority.
Section 45-41A-40.08 Powers of the authority. (a) The authority shall have all of 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-40.19, specified in its […]
Section 45-41A-41 – Short Title; Adoption of Procedures.
Section 45-41A-41 Short title; adoption of procedures. (a) This part shall be known and may be cited as the Opelika Red Light Safety Act. (b) The City of Opelika, Alabama, by ordinance, may adopt the procedures set out in this part. (Act 2011-524, p. 843, §1.)
Section 45-41A-40.09 – Bonds of the Authority.
Section 45-41A-40.09 Bonds of the authority. (a) Source of payment. 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 […]
Section 45-41A-41.01 – Legislative Findings.
Section 45-41A-41.01 Legislative findings. The Legislature finds and declares the following: (1) Accident data establishes that vehicles running red lights have been and are a dangerous problem in Opelika, Alabama. (2) Studies have found that automated traffic camera enforcement in a municipal area is a highly accurate method for detecting red light violations and is […]
Section 45-41A-40.10 – Proceeds From Sale of Bond.
Section 45-41A-40.10 Proceeds from sale of bond. 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-41.02 – Definitions.
Section 45-41A-41.02 Definitions. As used in this part, the following terms shall have the following meanings: (1) CITY. The City of Opelika, Alabama. (2) CIVIL FINE. The monetary amount assessed by the city pursuant to this part for an adjudication of civil liability for a traffic signal violation, including municipal court costs associated with the […]
Section 45-41A-40.11 – Refunding Bonds.
Section 45-41A-40.11 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 […]