Chapter 51 - Municipal Parking Facilities

Chapter 51 - Municipal Parking Facilities

§ 9-51-1 Legislative findings and policy.
§ 9-51-1.1 Appointive board to manage parking facilities--Contents of ordinance.
§ 9-51-2 Portion of parking meter revenues accumulated in parking lot and area fund--Approval of voters required--Computation of revenues.
§ 9-51-3 Parking meter revenues released on determination to issue bonds.
§ 9-51-4 Use of moneys in parking lot and area fund--Retirement of bonds as proper purpose--Use for street construction and maintenance.
§ 9-51-5 Utility revenue bonds and general obligation bonds authorized for acquisition, improvement, and operation of off-street parking lots.
§ 9-51-6 Contract for purchase or lease of parking lot authorized--Maximum term.
§ 9-51-7 Appraisement of property being purchased for parking lot--Maximum price.
§ 9-51-8 Annual appropriations for parking lot operated under contract--Prior application of parking meter revenues.
§ 9-51-9 Parking facility financing law--Definition of terms.
§ 9-51-10 Acquisition, improvement and operation of parking facilities--Traffic control devices--Use of municipal funds.
§ 9-51-11 Alternative means of financing parking facilities.
§ 9-51-11.1 Repealed.
§ 9-51-12 State and federal aid to municipal parking facilities--Agreement by municipality.
§ 9-51-13 Issuance of parking facility revenue bonds authorized.
§ 9-51-14 Ordinance authorizing revenue bonds--Pledge and definition of net revenues.
§ 9-51-15 Contents of resolution or ordinance--Covenants and agreements with bondholders.
§ 9-51-16 Issuance and sale of bonds--Reference to ordinance for matters not covered in bonds--Negotiability.
§ 9-51-17 Repealed.
§ 9-51-18 Bondholders have no right to compel tax levy or appropriation.
§ 9-51-19 Additional bonds if original issue insufficient--Junior to prior issues unless other provision made.
§ 9-51-20 Repealed.
§ 9-51-21 Revenue bonds not municipal indebtedness.
§ 9-51-22 General obligation bonds authorized for parking facilities.
§ 9-51-23 Net revenues pledged to payment of special obligation bonds--Additional covenants authorized.
§ 9-51-24 Agreement by municipality to levy property tax--Indebtedness within constitutional limitation--Levy of irrepealable tax--Maximum levy.
§ 9-51-25 Agreement to levy tax to cover deficiency--Levy notwithstanding omission of covenant--Levy in anticipation of deficiency--Maximum levy.
§ 9-51-26 Agreement to levy tax when bonds due--Certification to county auditor.
§ 9-51-27 Spread of tax against taxable property within municipality--Certification to auditor of more than one county.
§ 9-51-28 Tax proceeds placed in debt service fund--Transfers from revenue fund to debt service fund--Reduction of tax levy.
§ 9-51-29 Repealed.
§ 9-51-30 Covenants and stipulations for administration of parking facilities and security of bondholders--Bondholders' right to compel performance--Lien not granted.
§ 9-51-31 Repealed.
§ 9-51-32 Lease of municipally owned parking facilities--Regulation of rates--Improvements by lessee--Publication of terms of lease.
§ 9-51-33 Operating management contracts for municipally owned parking facilities.
§ 9-51-34 Financing law alternative and independent of other laws.
§ 9-51-35 Parking district law--Definition of terms.
§ 9-51-36 Acquisition, improvement and maintenance of parking facilities authorized--Additional to other powers.
§ 9-51-37 to 9-51-47.1. Repealed.
§ 9-51-48 Municipal and parking meter funds used to maintain parking facilities.
§ 9-51-49 Charges for use of parking facilities--Public parking facility fund--Application of fund.
§ 9-51-50 Repealed.
§ 9-51-51 Discontinuance or diversion of use of parking facilities--Contracts and covenants to be honored--Referendum.

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