Montana Code Annotated
Part 46. Parking Commissions
7-14-4616. Termination of parking commission due to inaction -- windup of commission affairs

7-14-4616. Termination of parking commission due to inaction -- windup of commission affairs. (1) After the lapse of 4 years from the date of adoption of a resolution declaring the need for a parking commission to function in a city, if such commission shall not have acquired or entered into possession of land for a parking facility or issued bonds, the legislative body of such city may by resolution declare that there is no need for such commission in the community. Thereupon the offices of the members of the commission shall become vacant and the capacity of the commission to transact business or exercise any powers shall be suspended and shall remain suspended until the legislative body thereafter adopts a resolution declaring the need for the commission to function.
(2) After adoption of a resolution declaring there is no need for such commission to function or while any such resolution is in effect, the legislative body of a city shall have power to wind up the affairs of the commission and shall have title to all property of the commission for the purpose of offstreet parking only, to be leased to and operated by companies, individuals, or corporations.
History: En. Sec. 6, Ch. 223, L. 1951; R.C.M. 1947, 11-3706(part).

Structure Montana Code Annotated

Montana Code Annotated

Title 7. Local Government

Chapter 14. Transportation

Part 46. Parking Commissions

7-14-4601. Findings and purpose

7-14-4602. Definitions

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

7-14-4610. Term of office

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

7-14-4633. Municipality authorized to collect in-lieu payments from parking commission -- limitations

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

7-14-4664. Rights of obligees

7-14-4665. Role of appointed receiver

7-14-4666. Exemption from execution for property of parking commission -- exception