§ 173

§173. Procedures; legal effect 1. Necessary provisions. An airport authority charter must include the following that are not specified in this chapter: A. The corporate name of the airport authority; [PL 2007, c. 563, §1 (NEW).]B. The territorial limits of the airport authority; [PL 2007, c. 563, §1 (NEW).]C. The number of directors of the airport authority; [PL 2007, c. 563, §1 (NEW).]D. The appointing authority responsible for appointing or the method of electing the first board of directors; [PL 2007, c. 563, §1 (NEW).]E. The terms of the directors who are elected or appointed subsequent to the first board. Terms of the first board are determined pursuant to section 174, subsection 4; [PL 2007, c. 563, §1 (NEW).]F. Whether the directors, subsequent to the first board, are appointed or elected. Reference must be made to the appropriate subsections of section 174; and [PL 2007, c. 563, §1 (NEW).]G. The procedures for a local referendum on the creation of the airport authority. [PL 2007, c. 563, §1 (NEW).][PL 2007, c. 563, §1 (NEW).] 2. Optional provisions. An airport authority charter may include provisions relating to: A.

ferendum on the creation of the airport authority. [PL 2007, c. 563, §1 (NEW).][PL 2007, c. 563, §1 (NEW).] 2. Optional provisions. An airport authority charter may include provisions relating to: A. Special qualifications of directors, other than the residency requirement established under section 174; [PL 2007, c. 563, §1 (NEW).]B. Additional purposes and powers beyond those specified in this chapter; [PL 2007, c. 563, §1 (NEW).]C. Specific rights or responsibilities of founding entities; [PL 2007, c. 563, §1 (NEW).]D. Authorization for the airport authority to acquire the rights, interests, property and assets and assume the debts and liabilities of an airport sponsor; and [PL 2007, c. 563, §1 (NEW).]E. Any other powers or duties necessary to the accomplishment of the purposes for creating the airport authority. [PL 2007, c. 563, §1 (NEW).][PL 2007, c. 563, §1 (NEW).] SECTION HISTORY PL 2007, c. 563, §1 (NEW).