Unless the context plainly indicates otherwise, the following words and terms have the meanings ascribed to them:
(1) AUTHORITY. A public corporation organized under this chapter.
(2) BOARD. The board of directors of an authority organized under this chapter.
(3) BOND. Any bond authorized to be issued under this chapter.
(4) COUPON. Any interest coupon evidencing an installment of interest payable with respect to a bond.
(5) DIRECTOR. A member of a board.
(6) GOVERNING BODY. The body in which the general legislative powers of the municipality are vested.
(7) INDENTURE. A mortgage, an indenture of mortgage, deed of trust, trust agreement, or trust indenture executed by an authority as security for its bonds.
(8) MUNICIPALITY. A Class 2 municipality subject to this chapter.
(9) PARKING FACILITY. Any building, structure, land, right-of-way, equipment, or instrumentality used or useful in either of the following ways:
a. In connection with the construction, enlargement, development, maintenance, or operation of an area or building for off-street or on-street parking of motor vehicles.
b. In connection with the exercise of any power of the authority.
(10) STATE. The State of Alabama.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 2 - Provisions Applicable to Municipal Corporations Only.
Chapter 61A - Municipal Parking Authority.
Section 11-61A-1 - Declarations.
Section 11-61A-2 - Definitions.
Section 11-61A-3 - Application for Permission to Incorporate.
Section 11-61A-4 - Certificate of Incorporation.
Section 11-61A-5 - Attachments to Certificate.
Section 11-61A-6 - Changes and Amendments.
Section 11-61A-7 - Board of Directors.
Section 11-61A-10 - Operation of the Facility.
Section 11-61A-12 - Permitted Activities.
Section 11-61A-14 - Signature on Bonds.
Section 11-61A-15 - Issuance of Bonds.
Section 11-61A-16 - Proceeds From Sale of Bonds.
Section 11-61A-17 - Refunding Bonds.
Section 11-61A-18 - Tax Exemption.
Section 11-61A-19 - Investment by Governing Body.
Section 11-61A-20 - Bonds Deemed Legal Investment.
Section 11-61A-21 - Publication of Notice.
Section 11-61A-22 - Advertising and Award Laws Are Applicable.