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Session Laws, 1961
Volume 654, Page 1069   View pdf image (33K)
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J. MILLARD TAWES, GOVERNOR                              1069

(e) The governing body or governing bodies of the county or
counties incorporating a District are hereby authorized and directed
to advance to such District, from time to time, from the general
funds of such county or counties such sum or sums of money as such
governing body or governing bodies may deem necessary and advis-
able in order to meet the necessary operating and overhead expenses
of such District and the Commission of such District, from the time
of the creation of the District until necessary funds become avail-
able to such District for such purposes pursuant to the provisions of
this sub-title. All sums so advanced may be repaid to such county
or counties from any charges levied by such District pursuant to
Section 663 of this sub-title upon such terms as the governing body
or governing bodies of such county or counties may specify at the
time of making such advance or advances; provided, however, that
such sums need not be repaid until such District may lawfully im-
pose the charges authorized to be made by said Section 663 of this
sub-title. The authority for advances granted by this sub-section shall
be in addition to other advances authorized by this sub-title.

650. (a) Each District created hereunder shall be deemed to be
an instrumentality exercising public and essential governmental
functions to provide for the public health and welfare and shall be
for the purpose of acquiring, holding, constructing, reconstructing,
repairing, improving, maintaining and operating, owning, leasing,
either in the capacity of lessor or lessee, a project or projects within
or partly within and partly without one or more of the county or
counties by action of whose governing body or governing bodies the
District was created.

(b) Each District is hereby granted and shall have and may exer-
cise all powers necessary or convenient for fee carrying out the
aforesaid purposes, including but without limiting the generality of
the foregoing, the following rights and powers:

(1)   To have perpetual existence [for a term of fifty years] as a
corporation. All limitations on the duration of any existing corpora-
tion formed pursuant to this sub-title prior to June 1,1961, whether
resulting from a charter provision or from a law in force at the time
of creation or formation of such corporation, are hereby annulled
and repealed.

(2)   To adopt by-laws for the regulation of its affairs and the
conduct of its business.

(3)   To adopt an official seal and alter the same at pleasure.

(4)   To maintain an office at such place or places as it may desig-
nate.

(5)   To appoint officers, agents, employees and servants, to pre-
scribe their duties and to fix their compensation [.] as set forth in
this sub-title.

(6)   To sue and be sued.

(7)   To acquire, purchase, hold, lease as lessee and use any fran-
chise, property, real, personal or mixed, tangible or intangible, or
any interest therein necessary or desirable for carrying out the pur-
poses of the District and to sell, lease as lessor, transfer and dispose
of any property or interest therein at any time acquired by it.

 

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Session Laws, 1961
Volume 654, Page 1069   View pdf image (33K)
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