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 […]
Section 45-41A-41.03 – Utilization of Photographic Traffic Signal Enforcement System.
Section 45-41A-41.03 Utilization of photographic traffic signal enforcement system. (a) The city is empowered to utilize a photographic traffic signal enforcement system to detect and record traffic signal violations, to issue notices of civil violations by mail, and to prosecute civil violations for the recorded traffic signal violations which may occur within the corporate limits […]
Section 45-41A-40.01 – Definitions.
Section 45-41A-40.01 Definitions. The following words and phrases used in this part, and others evidently intended as the equivalent thereof, in the absence of clear implication herein otherwise, shall 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-40.02 – Use of Particular Terms and Phrases.
Section 45-41A-40.02 Use of particular terms and phrases. The following provisions shall be applied wherever appropriate herein: (1) 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. (2) The definitions set forth […]
Section 45-41A-40.03 – Application; Authorization of Incorporation.
Section 45-41A-40.03 Application; authorization of incorporation. (a) The authority may be organized pursuant to this part. In order to incorporate such a public corporation, any number of natural persons, not less than three, who are duly qualified electors of the city, shall first file a written application with the governing body of the city, which […]