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Extra - Chapter Notes - Enactment. Chapter 55 was added June 19, 2001, P.L.287, No.22,...
Section 5501 - Scope of chapter - This chapter deals with parking authorities.
Section 5502 - Declaration of policy - The General Assembly finds and declares as follows: (1) Residential...
Section 5503 - Definitions - The following words and phrases when used in this chapter...
Section 5504 - Method of incorporation - (a) Procedure.-- (1) If a legislative body desires to organize...
Section 5505 - Purposes and powers - (a) General.-- (1) The authority shall constitute a public body...
Section 5506 - Bonds - (a) Authorization.-- (1) A bond must be authorized by resolution...
Section 5507 - Bondholders - (a) Rights and remedies.--The rights and the remedies conferred upon...
Section 5508 - Governing body - (a) Scope.--This section does not apply to cities of the...
Section 5508.1 - Special provisions for authorities in cities of the first class - (a) Scope.--This section applies only to cities of the first...
Section 5508.2 - Additional special provisions for authorities in cities of the first class; mixed-use projects - (a) Scope.--This section applies only to cities of the first...
Section 5508.3 - Restrictions on authorities in cities of the first class - (a) Restricted activities, statement of financial interests; public meetings and...
Section 5508.4 - Granting of interests and mixed-use projects for authorities in cities of the second class - (a) Findings and declaration.--The General Assembly finds and declares as...
Section 5509 - Acquisition of lands - (a) Authorization.-- (1) Except as set forth in paragraph (2),...
Section 5510 - Money of authority - (a) Treasurer.-- (1) Except as otherwise provided in this chapter,...
Section 5510.1 - Management of authority funds in cities of the first class - (a) General rule.-- (1) Except as otherwise provided in this...
Section 5510.2 - Special funds in cities of the first class - (a) General rule.--An authority, under resolutions adopted from time to...
Section 5510.3 - Bonds in cities of the first class - (a) General rule.-- (1) The bonds of the authority shall...
Section 5510.4 - Contracts with obligees of an authority in cities of the first class - (a) General rule.--Except as otherwise provided in any resolution of...
Section 5510.5 - Commonwealth pledges in cities of the first class - (a) General rule.--The Commonwealth does hereby pledge to and agree...
Section 5510.6 - Provisions of bonds and trust indentures in cities of the first class - (a) General rule.--In connection with the issuance of bonds or...
Section 5510.7 - Funds collected on behalf of a municipality (Deleted by amendment) - 2004 Amendment. Section 5510.7 was deleted by amendment July 16,...
Section 5510.8 - Bonds to be legal investments - (a) General rule.--Bonds issued under this chapter are hereby made...
Section 5510.9 - Validity of pledge - (a) General rule.--Any pledge of or grant of a lien...
Section 5510.10 - Security interest in funds and accounts - (a) General rule.--Any moneys deposited in any fund created by...
Section 5510.11 - Limitation on authority under Federal bankruptcy code - (a) General rule.--So long as an authority shall have outstanding...
Section 5511 - Competition in award of contracts - (a) Services.-- (1) Except as set forth in paragraph (2),...
Section 5512 - Use of projects - (a) Regulations.--Subject to subsection (b), the use of the facilities...
Section 5513 - Pledge by Commonwealth - (a) Power of authorities.--The Commonwealth pledges to and agrees with...
Section 5514 - Termination of authority - (a) Conveyance of projects.--When an authority has finally paid and...
Section 5515 - Exemption from taxation; payments in lieu of taxes - The effectuation of the authorized purposes of authorities created under...
Section 5516 - Transfer of existing facilities to authority - (a) Authorization.--Any county, city, borough, town or township or any...
Section 5517 - Severability - The provisions of this chapter are severable. If any provision...