§ 25-8.5-106. Board of Directors
The governing body of the authority shall be a board of directors which shall exercise and perform all powers, rights, privileges, and duties invested or imposed by this article. Each authority member shall appoint one representative and two alternates to serve on the board. The representative and alternates for the special district authority member shall […]
§ 25-8.5-107. Voting
Each authority member, through its designated director or designated alternate acting in the director’s place, shall be entitled to one vote. Board action upon proposed waste load allocations, site location or site plans selected pursuant to section 25-8-702, discharge permits secured pursuant to section 25-8-501, amendments to the authority’s wastewater management plan, and all budget […]
§ 25-8.5-108. Ex Officio Members
Ex officio members shall be provided with notice of the authority meetings. Ex officio members shall not serve on the board. Ex officio members are not voting members. The following shall be considered ex officio members: Every conservation district of which more than two-thirds of its territory is included within the authority’s boundaries; Any other […]
§ 25-8.5-109. Meetings
The board shall fix the time and place at which its regular meetings shall be held and provide for the calling and holding of special meetings. Notice of the time and place designated for all regular meetings shall be posted at the office of the county clerk and recorder of each of the counties included […]
§ 25-8.5-110. Powers of Board – Organization – Administration
The board has the following powers relating to carrying on the affairs of the authority: To organize, adopt bylaws and rules of procedure, and select a chairman and chairman pro tempore; To make and pass resolutions and orders which are necessary for the governance and management of the affairs of the authority, for the execution […]
§ 25-8.5-111. Powers of Authority – General and Financial
In order to accomplish its purposes, the authority has the power to: Develop and implement, with such revisions as become necessary in light of changing conditions, plans for water quality controls for the reservoir, applicable drainage basin, waters, and watershed, to achieve and maintain the water quality standards. In particular, the authority shall submit, within […]
§ 25-8.5-112. Power to Issue Bonds
To carry out the purposes of this article, the board is authorized to issue revenue or assessment bonds of the authority. Bonds shall bear interest at a rate such that the net effective interest rate of the issue of bonds does not exceed the maximum interest rate set forth in the resolution adopted by the […]
§ 25-8.5-113. Revenue Refunding Bonds
Any revenue bonds issued by the authority may be refunded by the authority, or by any successor thereof, in the name of the authority, subject to the provisions concerning their payment and to any other contractual limitations in the proceedings authorizing their issuance or otherwise appertaining thereto, by the issuance of bonds to refund, pay, […]
§ 25-8.5-114. Use of Proceeds of Revenue Refunding Bonds
The proceeds of revenue refunding bonds shall either be immediately applied to the retirement of the bonds being refunded or be placed in escrow in any state or national bank within the state which is a member of the federal deposit insurance corporation to be applied to the payment of the bonds being refunded upon […]
§ 25-8.5-115. Facilities – Comprehensive Program
The authority, acting by and through the board, may acquire, construct, lease, rent, improve, equip, relocate, maintain, and operate water quality control facilities, any project, or any part thereof for the benefit of the authority and the inhabitants thereof, after the board has made such preliminary studies and otherwise taken such action as it determines […]