Alabama § 11-99A-39 Feasibility as a Condition

Alabama Statutes

§ 11-99A-39 — Feasibility as a Condition

Alabama·Title 11 Counties and Municipal Corporations·Ch. 99A Alabama Improvement Districts

The appointing government, as a condition to approving the establishment of a district or the levying of a preliminary or final assessment, may require that the petitioners or the board, as appropriate, demonstrate the feasibility of the proposed improvements, by providing a feasibility report, such as evidence that the bonds will be purchased by an underwriter or other purchaser, a recommendation by the appropriate officials within the appointing government, or other means as may be required by the appointing government.

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The appointing government, as a condition to approving the establishment of a district or the levying of a preliminary or final assessment, may require that the petitioners or the board, as appropriate, demonstrate the feasibility of the proposed improvements, by providing a feasibility report, such as evidence that the bonds will be purchased by an underwriter or other purchaser, a recommendation by the appropriate officials within the appointing government, or other means as may be required by the appointing government.

Alabama § 11-99A-39 (Feasibility as a Condition) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.