Special-purpose association for the joint performance of certain tasks
Special-purpose association – The special-purpose association is the merger of several municipalities or associations for the joint performance of certain tasks. Due to the restriction to certain administrative purposes, such an association is referred to as a “special-purpose association”. Who can become a member of a special-purpose association and which tasks the association performs is determined by the association statutes. Fees are charged to the citizens for the services provided by the special-purpose association, which is how a special-purpose association is financed.
Special purpose association at a glance: Association of municipalities
- Merger of several municipalities or associations for the joint fulfilment of certain tasks
- Limited to certain administrative purposes
- Association statutes determine who becomes a member of a special-purpose association and which tasks the association performs.
- Financing through the charges levied on citizens for the services provided by the special-purpose association
Back to the wiki: Real Estate