Section 9-51-30 – Covenants and stipulations for administration of parking facilities and security of bondholders–Bondholders’ right to compel performance–Lien not granted.
9-51-30. Covenants and stipulations for administration of parking facilities and security of bondholders–Bondholders’ right to compel performance–Lien not granted. The resolution or ordinance authorizing the bonds as provided in §§9-51-13 to 9-51-28, inclusive, may contain any reasonable and lawful covenants and stipulations for the proper operation and maintenance of the automobile parking facilities, for the […]
Section 9-51-32 – Lease of municipally owned parking facilities–Regulation of rates–Improvements by lessee–Publication of terms of lease.
9-51-32. Lease of municipally owned parking facilities–Regulation of rates–Improvements by lessee–Publication of terms of lease. The governing body of any municipality providing automobile parking facilities may make such other provisions for their operation and management as it may deem necessary and it may lease or rent for a term of years, not exceeding forty, any […]
Section 9-51-33 – Operating management contracts for municipally owned parking facilities.
9-51-33. Operating management contracts for municipally owned parking facilities. The governing body may, in the alternative, employ any person, firm, or corporation as operating manager and agent for the municipality to operate and maintain any automobile parking facility or facilities in behalf of the municipality under a contract defining the terms of such employment. Source: […]
Section 9-51-34 – Financing law alternative and independent of other laws.
9-51-34. Financing law alternative and independent of other laws. The powers conferred in §§9-51-9 to 9-51-33, inclusive, shall be in addition and alternative to the powers conferred by any other law and said sections shall be construed as complete and independent and may be used notwithstanding and without reference to or limitation by any other […]
Section 9-51-35 – Parking district law–Definition of terms.
9-51-35. Parking district law–Definition of terms. Terms as used in §§9-51-35 to 9-51-49, inclusive, unless the context otherwise plainly requires, shall mean: (1)”Public parking facility” shall mean real estate acquired by gift, purchase, by contract for deed or otherwise, lease, or for the purpose of providing space for parking vehicles, and all improvements thereon including […]
Section 9-51-36 – Acquisition, improvement and maintenance of parking facilities authorized–Additional to other powers.
9-51-36. Acquisition, improvement and maintenance of parking facilities authorized–Additional to other powers. In addition to and not to the exclusion of any power granted to it by any law now in effect or hereafter enacted, any municipal corporation may provide for the acquisition, improvement, and maintenance of sites as public parking facilities in conformity to […]
Section 9-51-48 – Municipal and parking meter funds used to maintain parking facilities.
9-51-48. Municipal and parking meter funds used to maintain parking facilities. The municipality may maintain public parking facilities constructed under §§9-51-35 to 9-51-49, inclusive, either partially or wholly from the general fund or parking meter fund duly appropriated. Source: SL 1967, ch 231, §12.
Section 9-51-49 – Charges for use of parking facilities–Public parking facility fund–Application of fund.
9-51-49. Charges for use of parking facilities–Public parking facility fund–Application of fund. The governing body by resolution may impose and collect reasonable charges for the use of public parking facilities constructed under the provisions of §§9-51-35 to 9-51-49, inclusive. The money so received shall be deposited in the municipal treasury to the credit of the […]
Section 9-51-26 – Agreement to levy tax when bonds due–Certification to county auditor.
9-51-26. Agreement to levy tax when bonds due–Certification to county auditor. The municipality may agree, prior to the issuance or delivery of any bonds, to levy by ordinance an annual ad valorem tax upon all the taxable property within the municipality in such amount as will pay the annual interest thereon and the principal of […]
Section 9-51-15 – Contents of resolution or ordinance–Covenants and agreements with bondholders.
9-51-15. Contents of resolution or ordinance–Covenants and agreements with bondholders. The resolution or ordinance described in §9-51-14 shall be as provided in chapter 6-8B and shall designate a special fund from which the principal and interest shall be payable, shall fix and define the net revenues appropriated and pledged to the special fund and shall […]