SB178 Summary

• Extends board member terms from 1, 2, and 3 years to 4, 5, and 6 years respectively, with subsequent terms changed from three-year to six-year periods.

• Clarifies assessment procedures to apply only to lands actually assessed and based on estimated increase in property value from district improvements, consistent with Alabama Constitution Section 223.

• Establishes nonpayment remedies including 10-day notice requirement, late fees of 5% or $50 (whichever is greater), and board authority to foreclose via circuit court or direct sale with proceeds applied to assessment, costs, penalties, and accrued interest.

• Authorizes districts to issue temporary bonds and obtain loans for construction financing, with assessment revenue anticipation bonds secured by pledged funds, revenues, assessments, and property.

• Validates all previously formed improvement districts retroactively regardless of technical noncompliance, and clarifies that districts remain valid even if annexed/deannexed land becomes non-contiguous with municipality; amendments have both prospective and retroactive operation.