(A) The governing body of an authority may join another authority to form a joint system after ascertaining by resolution that a joint system best serves the interests of the authority, its citizens, and its customers.
(B) A joint system may be formed:
(1) to plan, finance, develop, construct, acquire, improve, enlarge, sell, lease, maintain, and operate a project to service the needs of its service area;
(2) to create a finance pool; or
(3) both.
(C) A governing body of a member of a joint system may plan and enter a contract in connection with a project of the joint system consistent with the terms of this chapter.
(D) An authority may conduct a study to assess the necessity and feasibility of a project.
HISTORY: 1983 Act No. 82, Section 2; 1999 Act No. 113, Section 6; 2007 Act No. 59, Section 1, eff June 6, 2007.
Effect of Amendment
The 2007 amendment rewrote this section.
Structure South Carolina Code of Laws
Chapter 25 - Joint Authority Water And Sewer Systems Act
Section 6-25-5. Legislative findings.
Section 6-25-25. Authority to purchase, construct, etc., facilities.
Section 6-25-30. Creation of joint systems.
Section 6-25-35. Extension of provisions applicable to water.
Section 6-25-40. Notice of ordinance or resolution creating system; objections; exception.
Section 6-25-70. Change in membership of joint system.
Section 6-25-80. Dissolution of system.
Section 6-25-100. Powers of joint system.
Section 6-25-110. Authorization to incur debt and issue bonds.
Section 6-25-112. Trust agreements or resolutions providing for issuance of bonds.
Section 6-25-113. Revenues from which bonds payable; statement of restriction.
Section 6-25-114. Issuance of refunding bonds.
Section 6-25-115. Financing pools and construction notes.
Section 6-25-120. Repayment of notes, obligations, or bonds.
Section 6-25-125. Charges for services; pledges.
Section 6-25-126. Temporary investment of funds pending disbursements.
Section 6-25-127. Enforcement of bondholder and construction note holder rights.
Section 6-25-128. Contracts between authority and joint system; duration.
Section 6-25-129. Governmental functions; state tax exemption.
Section 6-25-130. Employment or appointment of personnel; rights, privileges, and benefits.
Section 6-25-140. Annual system audit; reports.
Section 6-25-145. Investment by fiduciaries in bonds and construction notes.
Section 6-25-150. Contracts with federal and state government and agencies.
Section 6-25-155. Bonds, interest coupons and construction notes as investment securities.
Section 6-25-160. Tax status of evidences of indebtedness issued by joint system.