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A municipally owned corporation is a corporation owned by a municipality.They are typically "organisations with independent corporate status, managed by an executive board appointed primarily by local government officials, and with majority public ownership."
Municipal incorporation occurs when such municipalities become self-governing entities under the laws of the state or province in which they are located. Often, this event is marked by the award or declaration of a municipal charter. A city charter or town charter or municipal charter is a legal document establishing a municipality, such as a ...
Municipalities are typically much larger than the city or town after which they are named. List of municipalities of Portugal: Puerto Rico: municipio: Arecibo: none 78 municipality consists of an urban area (termed a city or town) plus all of its surrounding barrios comprising the municipality. It has a popularly elected administration and a ...
An incorporated town or city in the United States is a municipality that is incorporated under state law. An incorporated town will have elected officials, as differentiated from an unincorporated community , which exists only by tradition and does not have elected officials at the town level.
Since its formulation in 1964, Alonso's monocentric city model of a disc-shaped Central Business District (CBD) and the surrounding residential region has served as a starting point for urban economic analysis. Monocentricity has weakened over time because of changes in technology, particularly, faster and cheaper transportation (which makes it ...
In Oklahoma, according to the state's municipal code, city means a municipality which has incorporated as a city in accordance with the laws of the state, whereas town means a municipality which has incorporated as a town in accordance with the laws of the state, and municipality means any incorporated city or town. [43]
The key motivation for municipalization stems from a difference in priorities and goals of the community members and the incumbent utility. While incumbent IOUs have the objective of reliable and safe electricity that can provide a competitive profit for the investors, municipalized utilities are free from the need to provide for private profits and can focus on the pursuit of other policy ...
The "City known as the Town of" reference was intended in communities adopting it to assert its right to exercise the authority of a city in governance, municipal finance and procurement. In the early days of the spread of the council-based municipal government to towns, it served to eliminate confusion as to a town's ability to do a particular ...