The revitalization and redevelopment of the central business district of the City of Oxford in Calhoun County develops and promotes for the public good and general welfare, trade, commerce, industry, and employment opportunities and promotes the general welfare of the city and state by creating a climate favorable to the location of new industry, trade, and commerce, and the development of existing industry, trade, and commerce. Revitalization and redevelopment of such central business district by financing projects under the part will develop and promote for the public good and general welfare, trade, commerce, industry, and employment opportunities and will promote the general welfare of the city and state. It is therefore in the public interest and is vital to the public welfare of the people of Oxford and of Alabama, and it is hereby declared to be the public purpose of this part, to so revitalize and redevelop the central business district of the City of Oxford.
Structure Code of Alabama
Chapter 8A - Calhoun County Municipalities.
Section 45-8A-111 - Legislative Intent.
Section 45-8A-111.01 - Definitions.
Section 45-8A-111.02 - Use of Phrases.
Section 45-8A-111.05 - Amendments to Certificate of Incorporation.
Section 45-8A-111.06 - Board of Directors.
Section 45-8A-111.07 - Officers of the Authority.
Section 45-8A-111.08 - Powers of Authority.
Section 45-8A-111.09 - Bonds of Authority.
Section 45-8A-111.10 - Proceeds From the Sale of Bonds.
Section 45-8A-111.11 - Refunding Bonds.
Section 45-8A-111.12 - Notice of Bond Resolution.
Section 45-8A-111.13 - Exemption From Taxation.
Section 45-8A-111.14 - Liability of City.
Section 45-8A-111.15 - Exemption From Usury and Interest Laws.
Section 45-8A-111.16 - Exemption From Competitive Bid Laws.
Section 45-8A-111.17 - Freedom of Authority From State Supervision and Control.
Section 45-8A-111.18 - Earnings of the Authority.
Section 45-8A-111.19 - Dissolution of the Corporation and Vesting of Title to Property in the City.
Section 45-8A-111.20 - Existence of the Authority to Prevent Incorporation of Another by the City.