Search results
Results From The WOW.Com Content Network
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]
Municipal services or city services refer to basic services that residents of a city expect the local government to provide in exchange for the taxes which citizens pay. Basic city services may include sanitation (both sewer and refuse), water, streets, the public library, schools, food inspection, fire department, police, ambulance, and other ...
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.
State-owned enterprise. 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 ...
A company town is a place where all or most of the stores and housing in the town are owned by the same company that is also the main employer. Company towns are often planned with a suite of amenities such as stores, houses of worship, schools, markets, and recreation facilities. Some company towns were established to improve living conditions ...
t. 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 ...
It is the smallest territorial division holding executive and legislative powers. Since the Constitution of 1988, all municípios are members of the federation. Colloquially, the local population uses the terms municipality and city interchangeably, although the constitution defines "city" as the seat of the municipality.