22-21-149
Section 22-21-149 Bonds - Use of proceeds. (a) The proceeds derived from the sale of
any bonds sold by the authority, other than refunding bonds, shall be used only to pay the
cost of acquiring, constructing, improving, enlarging and equipping one or more projects,
as may be provided in the proceedings in which the bonds are authorized to be issued. Such
cost shall be deemed to include the following: (1) The cost of any land forming a part of
such project or projects; (2) The cost of the labor, materials and supplies used in any such
construction, improvement or enlargement, including architect's and engineer's fees and the
cost of preparing contract documents and advertising for bids; (3) The purchase price of,
and the cost of, installing equipment for such project or projects; (4) The cost of landscaping
the lands forming a part of such project or projects and of constructing and installing roads,
sidewalks, curbs, gutters, utilities and parking places in connection therewith; (5)...
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11-56-14
Section 11-56-14 Bonds - Disposition of proceeds from sale. (a) The proceeds derived
from the sale of any bonds (other than refunding bonds) may be used only to pay the cost of
acquiring, constructing, improving, enlarging and equipping the project with respect to which
they were issued as may be specified in the proceedings in which the bonds are authorized
to be issued. (b) Such cost, which shall be paid from the proceeds derived from the sale of
bonds, shall be deemed to include the following: (1) The cost of any land forming a part of
the project; (2) The costs of the labor, materials and supplies used in any such construction,
improvement or enlargement, including architect's and engineer's fees and the cost of preparing
contract documents and advertising for bids; (3) The purchase price of and the cost of installing
equipment for the project; (4) The cost of landscaping the lands forming a part of the project
and of constructing and installing roads, sidewalks, curbs, gutters,...
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11-57-16
Section 11-57-16 Bonds - Disposition of proceeds from sale. (a) The proceeds derived
from the sale of any bonds sold by the authority, other than refunding bonds, shall be used
only to pay the cost of acquiring, constructing, improving, enlarging and equipping one or
more projects as may be provided in the proceedings in which the bonds are authorized to be
issued. (b) Such cost, which shall be paid from the proceeds derived from the sale of bonds,
shall be deemed to include the following: (1) The cost of acquiring any land forming a part
of the project; (2) The cost of the labor, materials and supplies used in any such construction,
improvement or enlargement, including architect's and engineer's fees and the cost of preparing
contract documents and advertising for bids; (3) The purchase price of and the cost of installing
equipment for the project; (4) The cost of landscaping the lands forming a part of the project
and of constructing and installing roads, sidewalks, curbs, gutters,...
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41-10-97
Section 41-10-97 Disposition of proceeds from sale of bonds generally. The proceeds
derived from the sale of any bonds, other than refunding bonds, may be used only to pay the
cost of acquiring, constructing, improving, enlarging and equipping the project with respect
to which they were issued, as may be specified in the indenture or the proceedings in which
the bonds are authorized to be issued. Such cost shall be deemed to include the following:
the cost of acquiring any interest in the land forming a part of the project; the cost of
the labor, materials and supplies used in any such construction, improvement or enlargement,
including architect's and engineer's fees and the cost of preparing contract documents and
advertising for bids; the purchase price of and the cost of installing equipment for the project,
the cost of landscaping the land forming a part of the project and of constructing and installing
roads, sidewalks, curbs, gutters, utilities and parking places in connection...
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41-10-316
Section 41-10-316 Disposition of proceeds of bonds. (a) All proceeds derived from the
sale of any bonds, except refunding bonds, sold by the authority, remaining after payment
of the expenses of issuance thereof, shall be held by the authority and used solely for the
purposes of: (1) Acquiring land for and constructing, reconstructing and equipping thereon
one or more facilities; (2) Paying all reasonable and necessary expenses incidental thereto,
including filing, recording, surveying, legal and engineering fees and expenses; (3) Paying
the interest which will accrue on the said bonds during the period required for the construction
and equipment of the said facilities and for a period not exceeding six months after the completion
thereof; and (4) Paying the principal of and interest on all then outstanding notes theretofore
issued by the authority pursuant to the provisions hereof. The balance of the said proceeds
thereafter remaining shall be set aside as additional security for the...
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2-6-78
Section 2-6-78 Disposition of proceeds from sale of securities. All proceeds derived
from the sale of any securities of the corporation, other than refunding securities, shall
be deposited in the State Treasury and carried in a special account or accounts, and may be
withdrawn solely for the purposes and in the amounts set out below: (1) No more than 60 percent
of the said proceeds shall be used for the acquisition, construction and installation of a
market facility by the Board of Agriculture and Industries. Withdrawals for such purpose shall
be upon requisition by or pursuant to authority of the Board of Agriculture and Industries
addressed and presented to the State Comptroller and paid out by the warrant of the Comptroller
upon the State Treasury, to be used only to pay the following: a. The cost of materials, supplies
and labor used in the construction of the market facility; b. The cost of acquisition and
installation of equipment for the market facility; c. The cost of acquiring...
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11-47-225
Section 11-47-225 Use of proceeds of borrowing; application of any portion of proceeds
not needed for original purposes. (a) The principal proceeds derived from any borrowing made
by an authority shall be used solely for the purpose or purposes for which the borrowing was
authorized. If any bonds are issued for the purpose of financing costs of acquiring, constructing,
improving, enlarging, and equipping a project, the costs shall be deemed to include the following:
(1) The cost of any land forming a part of the project. (2) The cost of the labor, materials,
and supplies used in the construction, improvement, or enlargement, including architectural
and engineering fees and the cost of preparing contract documents and advertising for bids.
(3) The purchase price of, and the cost of installing, equipment for the project. (4) The
cost of landscaping the lands forming a part of the project and of constructing and installing
roads, sidewalks, curbs, gutters, utilities, and parking places in...
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22-21-324
Section 22-21-324 Use of proceeds. (a) The principal proceeds derived from any borrowing
made by an authority shall be used solely for the purpose or purposes for which such borrowing
was authorized to be made. If any securities are issued for the purpose of financing costs
of acquiring, constructing, improving, enlarging and equipping health care facilities, such
costs shall be deemed to include the following: (1) The cost of any land forming a part of
such health care facilities; (2) The cost of the labor, materials and supplies used in any
such construction, improvement or enlargement, including architectural and engineering fees
and the cost of preparing contract documents advertising for bids; (3) The purchase price
of, and the cost of installing, equipment for such health care facilities; (4) The cost of
landscaping the lands forming a part of such health care facilities and of constructing and
installing roads, sidewalks, curbs, gutters, utilities and parking places in...
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11-101A-15
Section 11-101A-15 Use of proceeds. (a) The principal proceeds derived from any borrowing
made by an authority shall be used solely for the purpose or purposes for which the borrowing
was authorized to be made. If any securities are issued for the purpose of financing costs
of acquiring, constructing, improving, enlarging, and equipping a project, those costs shall
be deemed to include the following: (1) The cost of any land forming a part of the project.
(2) The cost of the labor, materials, and supplies used in any construction, improvement,
or enlargement, including architectural and engineering fees and the cost of preparing contract
documents advertising for bids. (3) The purchase price of, and the cost of installing, equipment
for the project. (4) The cost of landscaping the lands forming a part of the project and of
constructing and installing roads, sidewalks, curbs, gutters, utilities, and parking facilities
in connection therewith. (5) Legal, accounting, publishing, printing,...
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14-2-19
Section 14-2-19 Bonds - Disposition of proceeds. (a) All proceeds derived from the sale
of any bonds, except refunding bonds, sold by the authority, remaining after payment of the
expenses of issuance thereof, shall be turned over to the State Treasurer, shall be carried
in a special account to the credit of the authority, and shall be subject to be drawn on by
the authority solely for the purposes of: (1) Acquiring land for and constructing, reconstructing
and equipping thereon one or more facilities; (2) Constructing additional improvements on
property currently owned by the Department of Corrections or the authority in order to provide
for additional bedspace; (3) Paying all reasonable and necessary expenses incidental thereto,
including filing, recording, surveying, legal and engineering fees and expenses; (4) Paying
the interest which will accrue on the said bonds during the period required for the construction
and equipment of the said facilities and for a period not exceeding...
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