Each authority shall be governed by a board of directors. All powers of the authority shall be exercised by the board or pursuant to its authorization. The board shall consist of any number of directors, not less than three, who shall be elected by the governing body of the city for staggered terms as hereinafter provided. At the time of the election of the first board, the governing body of the city shall divide the directors into three groups containing as nearly equal whole numbers as may be possible. The governing body of the city shall specify for which term each director is elected. The initial term of office of the first group shall be two years each. The initial terms of office of the second group shall be four years each. The initial term of office of the third group shall be six years. Thereafter, the term of office of each such director shall be six years. If at the expiration of any term of office of any director, a successor thereto shall not have been elected, then the director whose term of office shall have expired shall continue to hold office until his successor shall be so elected. If at any time there should be a vacancy on the board, a successor director to serve for the unexpired term applicable to such vacancy shall be elected by the governing body of the city. Each director must be a duly qualified elector of the city. Directors shall be eligible for reelection. Each director shall be reimbursed for expenses actually incurred by him in and about the performance of his duties. Any director of the authority may be impeached and removed from office in the same manner and on the same grounds provided in Section 175 of the Constitution of Alabama and the general laws of the state for impeachment and removal of the officers mentioned in Section 175.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 2 - Provisions Applicable to Municipal Corporations Only.
Chapter 54A - Downtown Redevelopment Authorities.
Section 11-54A-1 - Legislative Intent.
Section 11-54A-2 - Definitions.
Section 11-54A-3 - Use of Phrases.
Section 11-54A-4 - Filing of Application; Authorization of Incorporation by Governing Body of City.
Section 11-54A-5 - Procedure to Incorporate; Contents and Execution of Certificate of Incorporation.
Section 11-54A-6 - Amendments to Certificate of Incorporation; Procedure.
Section 11-54A-7 - Board of Directors; Election, Terms, Eligibility, Etc.
Section 11-54A-8 - Officers of Authority.
Section 11-54A-9 - Powers of Authority; All Projects to Be in Development Area.
Section 11-54A-10 - Bonds of Authority.
Section 11-54A-11 - Proceeds From Sale of Bonds.
Section 11-54A-12 - Refunding Bonds.
Section 11-54A-13 - Notice of Bond Resolution; 30 Days to Bring Action to Question Bond Validity.
Section 11-54A-14 - Exemption From Taxation.
Section 11-54A-15 - Liability of City.
Section 11-54A-16 - Exemption From Usury and Interest Laws.
Section 11-54A-17 - Compliance With Competitive Bid Laws.
Section 11-54A-18 - Freedom of Authority From State Supervision and Control.
Section 11-54A-19 - Earnings of Authority.
Section 11-54A-20 - Dissolution of Corporation and Vesting of Title to Property in City.
Section 11-54A-21 - Existence of Authority to Prevent Incorporation of Another by City.
Section 11-54A-23 - Provisions Cumulative.