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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." [1] Some municipally owned corporations rely on revenue from user fees ...
Municipal corporation. Municipal corporation is the legal term for a local governing body, including (but not necessarily limited to) cities, counties, towns, townships, charter townships, villages, and boroughs. [1] The term can also be used to describe municipally owned corporations. [1][2][3]
Municipalization. Municipalization is the transfer of private entities, assets, service providers, or corporations to public ownership by a municipality, including (but not limited to) a city, county, or public utility district ownership. [1] The transfer may be from private ownership (usually by purchase) or from other levels of government.
e. Corporatization is the process of transforming and restructuring state assets, government agencies, public organizations, or municipal organizations into corporations. [1][2][3][4] It involves the adoption and application of business management practices and the separation of ownership from management through the creation of a joint-stock or ...
A municipal corporation is a type of local government in India which administers urban areas with a population of more than one million. The growing population and urbanization of various Indian cities highlighted the need for a type of local governing body that could provide services such as healthcare, education, housing and transport by collecting property taxes and administering grants ...
The Cheyenne mayor also proposed an amendment to the bill that would protect the 12 municipalities that currently have municipal utilities and give other municipalities the ability to partner with ...
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation.SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce.
If the Windy City greenlights the project, it would make Chicago the first major U.S. city to launch a municipally owned grocery store to address food inequity, according to the mayor’s office.