Section 40-2110 – CONTRIBUTIONS.
40-2110. CONTRIBUTIONS. The counties, cities, highway districts and other governmental entities within the region may, at their discretion, enter into a cooperative agreement with the authority in order to contribute funds from any source, provide services-in-kind and loan or convey real and personal property to the authority in recognition of costs of the authority, to […]
Section 40-2111 – ISSUANCE OF REVENUE BONDS.
40-2111. ISSUANCE OF REVENUE BONDS. A regional public transportation authority may issue revenue bonds in the same manner and form as under the municipal bond law contained in chapter 10, title 50, Idaho Code, provided that the ordinance required therein shall be by resolution of the board. For the purpose of this section, the term […]
Section 40-2112 – BUDGET.
40-2112. BUDGET. (1) The board shall annually adopt a budget and cause a public hearing to be held upon the budget. (2) Notice of the budget hearing shall be posted at least ten (10) days prior to the date of the meeting in at least one (1) conspicuous place in each county within the boundaries […]
Section 40-2113 – EXEMPTION FROM TAXATION.
40-2113. EXEMPTION FROM TAXATION. It is hereby found, determined and declared that the creation of a regional public transportation authority is in all respects for the benefit of the people of the state of Idaho, for the improvement of their welfare and prosperity, and for the promotion of their transportation, and is a public purpose […]
Section 40-2114 – SEVERABILITY
40-2114. SEVERABILITY . The provisions of this chapter are hereby declared to be severable and if any provision of this act [chapter] or the application of such provision to any person or circumstance is declared invalid for any reason, such declaration shall not affect the validity of the remaining portions of this chapter. History: [40-2114, […]
Section 40-2104 – PURPOSE OF AUTHORITY.
40-2104. PURPOSE OF AUTHORITY. The purpose of an authority created pursuant to this chapter is to establish a single governmental agency oriented entirely toward public transportation needs within each county or region that deems such an agency necessary. This authority, a political subdivision of the state of Idaho, is under the supervision of and directly […]
Section 40-2105 – CREATION OF AUTHORITY — VOTER APPROVAL — NAME.
40-2105. CREATION OF AUTHORITY — VOTER APPROVAL — NAME. Authorities may be established in one (1) of the following ways: (1) (a) County-wide authorities. A city or commission by resolution may call for an election to establish a regional public transportation authority in the county to carry out the purposes of this chapter. The entire […]
Section 40-2106 – AUTHORITY BOARD.
40-2106. AUTHORITY BOARD. (1) Each authority shall have a governing board appointed by and serving at the pleasure of the governing bodies of counties, incorporated cities and highway districts located wholly or partially within the authority. (2) The board initially shall be composed of not less than five (5) members selected as follows: two (2) […]
Section 40-2107 – BOARD PROCEDURES.
40-2107. BOARD PROCEDURES. (1) At its first meeting following the appointment of all members, the board shall elect a chairman and a vice chairman from their number and appoint a secretary and a treasurer who need not be from their number for terms fixed by them. The offices of the secretary and treasurer may be […]
Section 40-2108 – CORPORATE POWERS OF AN AUTHORITY.
40-2108. CORPORATE POWERS OF AN AUTHORITY. A regional public transportation authority has power: (1) To sue and be sued; (2) To raise and expend funds as provided in this chapter; (3) To issue revenue bonds; (4) To adopt and use an official seal; (5) To purchase and hold lands, make contracts, purchase and hold personal […]