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2020 Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 3 - Provisions Applicable to Counties and Municipal Corporations.
Chapter 99A - Alabama Improvement Districts.
Section 11-99A-39 - Feasibility as a Condition.
Universal Citation: AL Code § 11-99A-39 (2020)
Section 11-99A-39
Feasibility as a condition.
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.
(Act 99-446, p. 1013, §1.)
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