Downtown Development Authority | Midpage

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Code of Alabama

Part 1

Downtown Development Authority

45-8A-20Legislative Intent.45-8A-20.01Definitions.45-8A-20.02Use of Phrases.45-8A-20.03Filing of Application; Authorization of Incorporation by Governing Body of City.45-8A-20.04Procedure to Incorporate; Contents and Execution of Certificate of Incorporation.45-8A-20.05Amendments to Certificate of Incorporation.45-8A-20.06Board of Directors.45-8A-20.07Officers of the Authority.45-8A-20.08Powers of Authority.45-8A-20.09Bonds of Authority.45-8A-20.10Proceeds from the Sale of Bonds.45-8A-20.11Refunding Bonds.45-8A-20.12Notice of Bond Resolution.45-8A-20.13Exemption from Taxation.45-8A-20.14Liability of City.45-8A-20.15Exemption from Usury and Interest Laws.45-8A-20.16Exemption from Competitive Bid Laws.45-8A-20.17Freedom of Authority from State Supervision and Control.45-8A-20.18Earnings of the Authority.45-8A-20.19Dissolution of the Corporation and Vesting of Title to Property in the City.45-8A-20.20Existence of the Authority to Prevent Incorporation of Another by the City.45-8A-20.21Power of Eminent Domain.45-8A-20.22Loans, Sales, Grants, Etc., of Money Property, Etc. to Authority by Counties, Municipalities, Etc.