Terms Used In Alabama Code 45-8A-111.16

  • Authority: means the Oxford Downtown Development Authority, a public corporation organized pursuant to this part. See Alabama Code 45-8A-111.01
  • Contract: A legal written agreement that becomes binding when signed.
  • State: means the State of Alabama. See Alabama Code 45-8A-111.01

The authority and all contracts made by it shall be exempt from the laws of the State of Alabama requiring competitive bids for any contract to be entered into by municipalities or public corporations authorized by them, including, but without limitation to, the provisions of Article 3 of Chapter 16 of Title 41.