7-14-4602. Definitions. The following terms, wherever used or referred to in this part, shall have the following respective meanings unless a different meaning clearly appears from the context:
(1) "City" shall mean the particular city for which a particular commission may be created or which may act as such a commission pursuant to resolution of its legislative body.
(2) "Clause" includes article, section, subsection, paragraph, sentence, or provision.
(3) "Clerk" shall mean the clerk of the city or the officer charged with the duties customarily imposed on such clerk.
(4) "Commission" or "parking commission" shall mean any of the public corporations which may be created by a city and any city which may exercise the powers of a parking commission pursuant to resolution adopted by its legislative body under the provisions of 7-14-4603 through 7-14-4608.
(5) "Indenture" means ordinance, resolution, or indenture which may be passed, adopted, or entered into by a commission or by the legislative body of a city.
(6) "Legislative body" shall mean the city council or other body in which the general legislative powers of the city are vested.
(7) "Mayor" shall mean the mayor of the city or the officer thereof charged with the duties customarily imposed on the mayor or executive head of the city.
(8) "Obligee of the commission" or "obligee" shall be any bondholder, trustee or trustees for any bondholders, or lessor demising to the commission property used in connection with a parking facility or any assignee or assignees of such lessor's interest or any part thereof and the state or the United States or any agency of either when a party to any contract with a commission by which aid or a loan is given or made to the commission.
(9) "Project" shall mean any acquisition, improvement, construction, or undertaking of any kind authorized by this part.
(10) "State public body" means the state or any city, commission, or any other subdivision or public body of the state.
History: En. Sec. 2, Ch. 223, L. 1951; amd. Sec. 1, Ch. 401, L. 1973; R.C.M. 1947, 11-3702.
Structure Montana Code Annotated
7-14-4601. Findings and purpose
7-14-4603. Creation of parking commission authorized
7-14-4604. Public nature of parking commission
7-14-4605. Determination of need to create parking commission
7-14-4606. Resolution of need required
7-14-4607. Resolution for parking commission to function
7-14-4608. Adoption of resolutions -- jurisdictional area
7-14-4609. Appointment of commission
7-14-4611. Removal of parking commission member
7-14-4612. Organization and operation of commission
7-14-4613. Funds for administrative purposes of parking commission
7-14-4614. Annual audit of financial affairs of parking commission
7-14-4615. Reports on commission transactions
7-14-4616. Termination of parking commission due to inaction -- windup of commission affairs
7-14-4617. through 7-14-4620 reserved
7-14-4621. General powers of parking commission
7-14-4622. Powers of parking commission related to provision of parking services
7-14-4623. Transfer of parking commission property to municipality
7-14-4624. Powers of commission related to financial management
7-14-4625. Limitation on employment powers
7-14-4626. Limitation on power of eminent domain
7-14-4627. Leasing of surplus or uneconomical space for incidental purposes
7-14-4628. Nature of onstreet parking regulations
7-14-4629. Manner of operating parking facility
7-14-4630. Notice for bids to lease parking facility
7-14-4631. Compliance with land use laws required
7-14-4632. Cooperation with other municipal offices
7-14-4634. Charges for use of parking facilities
7-14-4635. Authority to establish lien on charges for payment of bonds
7-14-4636. through 7-14-4640 reserved
7-14-4641. Authority to issue revenue bonds
7-14-4642. Election required to issue revenue bonds
7-14-4643. Sources of revenue for payment of revenue bonds
7-14-4644. Restrictions on use of reserve to make payments on revenue bonds
7-14-4645. Power to determine terms and conditions of revenue bonds
7-14-4646. Series or divisions of bonds permitted
7-14-4647. Interest on revenue bonds
7-14-4648. Payment of principal and interest
7-14-4649. Maturity dates of revenue bonds
7-14-4650. Signatures on bonds
7-14-4651. Redemption of revenue bonds
7-14-4652. Details relating to sale of revenue bonds
7-14-4653. Temporary or interim bonds
7-14-4654. Exemption from certain state taxes
7-14-4655. Authorization to enter into indentures
7-14-4656. Contents of indenture
7-14-4657. Special provisions relating to indenture clause dealing with amendment and modification
7-14-4658. Incorporation by reference of indenture in all contracts
7-14-4659. Funding and refunding bonds authorized
7-14-4660. Expenses which may be paid by means of funding or refunding bonds
7-14-4661. Bonds to be negotiable
7-14-4662. Bonds as legal investments
7-14-4663. Authorization to designate trustee for bondholders
7-14-4665. Role of appointed receiver
7-14-4666. Exemption from execution for property of parking commission -- exception