Parking Authority Law

This act authorizes the creation of public parking authorities by municipalities and counties, establishing them as governmental bodies governed by appointed commissioners with defined powers, purposes, and grounds for removal. It gives these authorities the financing tools to build and operate public parking facilities — issuing revenue bonds secured by pledged revenues, mortgages, or trust indentures, with tax exemptions, protections for bondholders, and mandatory annual audits and filings — along with the power of eminent domain, authority to require relocation of public utility facilities, and cooperation from other governmental agencies. It also provides for parking enforcement officers, setting qualifications, fingerprinting and eligibility screening, training, uniforms and insignia, and a prohibition on carrying firearms, and permits authorities to set fees, serve as a redevelopment entity, and establish priority parking programs for senior citizens.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.