(a) 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 seven directors who shall be elected by the governing body of the city. The board shall consist of at least one each of the following qualified persons:
(1) A licensed and practicing attorney.
(2) A registered surveyor or practicing civil engineer.
(3) A licensed and practicing accountant.
(4) Three persons conducting day-to-day services, or property owners within the downtown development area.
(5) One at large director residing within the corporate limits of the City of Auburn.
(b) The board shall be appointed for staggered terms as hereinafter provided.
The governing body of the city shall specify for which term each director is elected. The initial term of office of two directors shall be two years each.
The initial term of office of two directors shall be four years each. The initial term of office of three directors 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 or her successor shall be 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. No officer or employee of the state or of any county or municipality, during his or her tenure as such officer, shall be eligible to serve as a director.
Each director shall 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 or her in and about the performance of his or her 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 of 1901 and the general laws of the state for impeachment and removal of the officers mentioned in Section 175.
Structure Code of Alabama
Chapter 41A - Lee County Municipalities.
Part 1 - Downtown Development Authority.
Section 45-41A-10 - Legislative Intent.
Section 45-41A-10.01 - Definitions.
Section 45-41A-10.02 - Use of Particular Terms and Phrases.
Section 45-41A-10.03 - Application; Authorization of Incorporation.
Section 45-41A-10.04 - Incorporation Procedures; Contents and Execution of Certificate.
Section 45-41A-10.05 - Amendments to Certificate of Incorporation.
Section 45-41A-10.06 - Board of Directors.
Section 45-41A-10.07 - Officers of the Authority.
Section 45-41A-10.08 - Powers of Authority.
Section 45-41A-10.09 - Boards of the Authority.
Section 45-41A-10.10 - Proceeds From Sale of Bonds.
Section 45-41A-10.11 - Refunding Bonds.
Section 45-41A-10.12 - Notice of Bond Resolution.
Section 45-41A-10.13 - Exemption From Taxation.
Section 45-41A-10.14 - Liability of City.
Section 45-41A-10.15 - Exemption From Usury and Interest Laws.
Section 45-41A-10.16 - Exemption From Competitive Bid Laws.
Section 45-41A-10.17 - Freedom of the Authority From State Supervision and Control.
Section 45-41A-10.18 - Earnings of the Authority.
Section 45-41A-10.19 - Dissolution of Corporation.
Section 45-41A-10.20 - Existence of Authority to Prevent Subsequent Incorporation.