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CHAPTER 9-51

MUNICIPAL PARKING FACILITIES

9-51-1      Legislative findings and policy.
9-51-1.1      Appointive board to manage parking facilities--Contents of ordinance.
9-51-2      Portion of parking meter revenues accumulated in parking lot and area fund--Approval of voters required--Computation of revenues.
9-51-3      Parking meter revenues released on determination to issue bonds.
9-51-4      Use of moneys in parking lot and area fund--Retirement of bonds as proper purpose--Use for street construction and maintenance.
9-51-5      Utility revenue bonds and general obligation bonds authorized for acquisition, improvement, and operation of off-street parking lots.
9-51-6      Contract for purchase or lease of parking lot authorized--Maximum term.
9-51-7      Appraisement of property being purchased for parking lot--Maximum price.
9-51-8      Annual appropriations for parking lot operated under contract--Prior application of parking meter revenues.
9-51-9      Parking facility financing law--Definition of terms.
9-51-10      Acquisition, improvement and operation of parking facilities--Traffic control devices--Use of municipal funds.
9-51-11      Alternative means of financing parking facilities.
9-51-11.1      Repealed.
9-51-12      State and federal aid to municipal parking facilities--Agreement by municipality.
9-51-13      Issuance of parking facility revenue bonds authorized.
9-51-14      Ordinance authorizing revenue bonds--Pledge and definition of net revenues.
9-51-15      Contents of resolution or ordinance--Covenants and agreements with bondholders.
9-51-16      Issuance and sale of bonds--Reference to ordinance for matters not covered in bonds--Negotiability.
9-51-17      Repealed.
9-51-18      Bondholders have no right to compel tax levy or appropriation.
9-51-19      Additional bonds if original issue insufficient--Junior to prior issues unless other provision made.
9-51-20      Repealed.
9-51-21      Revenue bonds not municipal indebtedness.
9-51-22      General obligation bonds authorized for parking facilities.
9-51-23      Net revenues pledged to payment of special obligation bonds--Additional covenants authorized.
9-51-24      Agreement by municipality to levy property tax--Indebtedness within constitutional limitation--Levy of irrepealable tax--Maximum levy.
9-51-25      Agreement to levy tax to cover deficiency--Levy notwithstanding omission of covenant--Levy in anticipation of deficiency--Maximum levy.
9-51-26      Agreement to levy tax when bonds due--Certification to county auditor.
9-51-27      Spread of tax against taxable property within municipality--Certification to auditor of more than one county.
9-51-28      Tax proceeds placed in debt service fund--Transfers from revenue fund to debt service fund--Reduction of tax levy.
9-51-29      Repealed.
9-51-30      Covenants and stipulations for administration of parking facilities and security of bondholders--Bondholders' right to compel performance--Lien not granted.
9-51-31      Repealed.
9-51-32      Lease of municipally owned parking facilities--Regulation of rates--Improvements by lessee--Publication of terms of lease.
9-51-33      Operating management contracts for municipally owned parking facilities.
9-51-34      Financing law alternative and independent of other laws.
9-51-35      Parking district law--Definition of terms.
9-51-36      Acquisition, improvement and maintenance of parking facilities authorized--Additional to other powers.
9-51-37 to 9-51-47.1. Repealed.
9-51-48      Municipal and parking meter funds used to maintain parking facilities.
9-51-49      Charges for use of parking facilities--Public parking facility fund--Application of fund.
9-51-50      Repealed.
9-51-51      Discontinuance or diversion of use of parking facilities--Contracts and covenants to be honored--Referendum.


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