GroundRules
Ala. Code § 11-50-142: Passage of Resolution by Governing Body Providing for Sale, Lease, Etc.
Where this section sits in the code
- Title 11 Counties and Municipal Corporations.
- Title 2 Provisions Applicable to Municipal Corporations Only.
- Chapter 50 Public Utilities.
- Article 4 Sale, Lease, Etc., of Electric, Gas or Waterworks Plants by Municipalities.
Before any sale, lease, or disposition of an electric light plant, gas plant, or waterworks plant of any city or town shall be made, the board of aldermen or other governing body shall pass a resolution declaring it to be, in the judgment of said board of aldermen or other governing body, to the best interests of the city or town that the electric plant, gas plant, or waterworks plant of such city or town shall be sold, leased, or disposed of and shall fix in said resolution the minimum price at which the sale, lease, or disposition should be had.
Collected 2026-09-03T14:01:51Z. Source file · JSON