Section 70-2205 – COOPERATION OF COUNTY OR CITY.
70-2205. COOPERATION OF COUNTY OR CITY. (1) For the purpose of cooperating in the planning, establishment, construction or operation of an intermodal authority or any of its facilities, any governing body of the respective county or city for which an intermodal authority has been created may, upon such terms, with or without consideration, as it […]
Section 70-2206 – GENERAL POWERS OF A COUNTY-BASED OR CITY-BASED INTERMODAL COMMERCE AUTHORITY.
70-2206. GENERAL POWERS OF A COUNTY-BASED OR CITY-BASED INTERMODAL COMMERCE AUTHORITY. An intermodal authority shall have the powers provided to it by a local county or city governing body including: (1) Have perpetual succession unless abolished as provided in this chapter; (2) Sue and be sued; (3) Have a seal; (4) Execute contracts and other […]
Section 70-2207 – RULES, POLICIES AND ORDERS.
70-2207. RULES, POLICIES AND ORDERS. An intermodal authority may adopt, amend, and repeal such reasonable rules, policies and orders as it considers necessary for its own administration, management, and governance as well as for the management, governance, and use of any transportation, storage, or other facility owned by it or under its control. No rule, […]
Section 70-2208 – SUPPLEMENTARY POWERS.
70-2208. SUPPLEMENTARY POWERS. In addition to the general and special powers conferred by this chapter, each intermodal authority may exercise all powers delegated to it by the governing body creating it and powers incidental to the exercise of such general and special powers contained herein. History: [70-2208, added 2004, ch. 353, sec. 1, p. 1055.]
Section 70-2209 – GRANTING OF OPERATION AND USE PRIVILEGES.
70-2209. GRANTING OF OPERATION AND USE PRIVILEGES. In connection with the operation of transportation, storage, or other facilities owned or controlled by an intermodal authority, the intermodal authority may: (1) Enter into contracts, leases, and other arrangements for terms not to exceed thirty (30) years: (a) Granting the privilege of using or improving the intermodal […]
Section 70-2111 – CONVEYANCE OF TITLE TO LESSEE.
70-2111. CONVEYANCE OF TITLE TO LESSEE. At or prior to the time the principal, interest and premium, if any, on any revenue bonds issued hereunder to provide a particular project have been fully paid, the port district may execute such deeds and conveyances as are necessary and required to convey its right, title and interest […]
Section 70-1913 – COVENANTS AS TO USE — FORFEITURE.
70-1913. COVENANTS AS TO USE — FORFEITURE. The commission may, in securing any such bids, or in selling, exchanging or conveying any such property, specify conditions to be placed in the commission’s instrument of conveyance of such property, and thereafter place such condition in such instrument, as covenants running with the land. Any violation of […]
Section 70-2112 – POWERS NOT RESTRICTED — LAW COMPLETE IN ITSELF.
70-2112. POWERS NOT RESTRICTED — LAW COMPLETE IN ITSELF. Neither this act nor anything herein contained shall be construed as a restriction or limitation upon any powers which any port district might otherwise have under any laws of the state of Idaho, but shall be construed as cumulative of any such powers. No proceedings, notice […]
Section 70-2001 – LIBERAL CONSTRUCTION.
70-2001. LIBERAL CONSTRUCTION. The rules of strict construction shall have no application to the provisions of this act concerning port districts, but the same shall be liberally construed in all respects in order to fully and effectively carry out the purposes and objects for which port districts are authorized. History: [70-2001, added 1969, ch. 55, […]
Section 70-2113 – INVESTMENT OF FUNDS.
70-2113. INVESTMENT OF FUNDS. Each port district issuing revenue bonds hereunder may invest any funds received in connection therewith in bonds, notes, certificates of indebtedness, treasury bills or other securities constituting direct obligations of the United States of America; in certificates of deposit or time deposits constituting direct obligations of any bank as defined by […]