(a) Upon the making of the preliminary assessments, the authority shall prepare contracts and shall contract on a competitively bid basis for the acquisition, construction, or installation of all projects as specified in the petition.
(b) Because authority infrastructure projects are paid from assessments of members of the authority, no public funds may be utilized and projects shall be exempt from state bidding law, but projects should be competitively bid.
(c) The authority may not contract for and commence the acquisition, construction, or installation of one or more projects or a portion of one or more projects in advance of a preliminary or final assessment being collected.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 2 - Provisions Applicable to Municipal Corporations Only.
Chapter 71 - The Neighborhood Infrastructure Incentive Plan Act of 2011.
Section 11-71-1 - Legislative Findings.
Section 11-71-2 - Short Title; Definitions.
Section 11-71-3 - Creation of Neighborhood Infrastructure Authority.
Section 11-71-4 - Powers of Authority.
Section 11-71-5 - Liability; Civil Actions.
Section 11-71-6 - Terms of Office; Vacancies.
Section 11-71-7 - Contracts; Funding.
Section 11-71-8 - Refunding of Excess Funds.
Section 11-71-9 - Dedication of Facilities and Projects.
Section 11-71-10 - Dissolution and Liquidation of Authority.