11-32-8
Section 11-32-8 Rates and charges. (a) Rates, fees, and charges for public transportation
service rendered by the authority from any of its transit systems shall be so fixed and from
time to time revised as at all times to provide funds that, when added to all other revenues
including tax proceeds anticipated to be received by the authority shall be at least sufficient
to do all of the following: (1) Pay the cost of operating, maintaining, repairing, replacing,
extending, and improving the systems from which such services are rendered. (2) Pay the principal
of and the interest on all bonds issued and obligations assumed by the authority that are
payable out of the revenues derived from operation of those systems, as the principal and
interest become due and payable. (3) Create and maintain reserves for the foregoing purposes
or any of them as may be provided in any mortgage, deed of trust, or trust indenture executed
by the authority or in any resolutions of the board authorizing the...
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11-49A-9
Section 11-49A-9 Rates for public transportation service. Rates, fees, and charges for
public transportation service rendered by the authority from any of its transit systems shall
be fixed and from time to time revised as at all times to provide funds that, when added to
all other revenues (including tax proceeds) anticipated to be received by the authority, will
be at least sufficient: (1) To pay the cost of operating, maintaining, repairing, replacing,
extending, and improving systems from which such services are rendered; (2) To pay the principal
of and the interest on all bonds issued and obligations assumed by the authority, that are
payable out of the revenues derived from operation of those systems, as the said principal
and interest become due and payable; (3) To create and maintain such reserve for the foregoing
purposes or any of them as may be provided in any mortgage and deed of trust or trust indenture
executed by the authority hereunder or in any resolutions of the board...
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33-15-7
Section 33-15-7 Rates, fees and charges; user permits. (a) Rates, fees and charges for
services rendered by the authority from any of its facilities shall be fixed and from time
to time revised by the authority; provided, that such rates, fees and charges shall be so
fixed as at all times to provide funds at least sufficient: (1) To pay the cost of operating,
maintaining, repairing, replacing, extending and improving the facilities and other property
from which such services are rendered; (2) To pay the principal of and the interest on all
bonds issued and obligations assumed by the authority that are payable out of the revenues
derived from the operation of those facilities as the said principal and interest become due
and payable; (3) To create and maintain such reserves for the foregoing purposes or any of
them as may be provided in any mortgage and deed of trust or trust indenture executed by the
authority hereunder or in any resolutions of the board of directors authorizing the...
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45-36-252.06
Section 45-36-252.06 Bonds of the authority; obligations. (a) In addition to all other
powers now or hereafter granted by law, the authority shall have the following powers, together
with all powers incidental thereto or necessary to the discharge thereof in corporate form:
(1) To sell and issue bonds of the authority in order to provide funds for any corporate function,
use, or purpose, any such bonds to be payable solely out of one or more of the following:
a. Any or all proceeds or receipts from the privilege, license, or excise tax levied on the
sale, distribution, storage, use, or consumption of tobacco and certain tobacco products in
Jackson County by Section 45-36-247. b. Any or all proceeds from any tax received by
the Jackson County Commission which are required by law to be deposited to the credit of the
Jackson County Water Authority. c. The revenues derived from any water, sewer, or garbage
system or facility of the authority. (2) To pledge for payment of any bonds issued...
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45-46-90.07
Section 45-46-90.07 Charges for use of authority facilities. Docking fees, toll fees,
rents, and other charges for the use of the port, docks, and related facilities owned or operated
by the authority shall be so fixed and from time to time revised as at all times to provide
funds at least sufficient to do all of the following: (1) Pay the cost of operating, maintaining,
repairing, replacing, extending, and improving such facilities. (2) Pay the principal of and
the interest on all bonds issued and obligations assumed by the authority, that are payable
out of the revenues derived from operation of such facilities as the principal and interest
become due and payable. (3) Create and maintain such reserve for the foregoing purposes or
any of them as may be provided in any mortgage and deed of trust or trust indenture executed
by the authority hereunder or in any resolutions of the board authorizing the issuance of
bonds, the assumption of any obligation, or the acquisition of any such...
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11-49A-10
Section 11-49A-10 Bonds - Signature and seal; form and terms; sale; from what sources
payable; trust indentures, mortgages, etc. All bonds issued by the authority shall be signed
by the chairman of its board or other chief executive officer and attested by its secretary,
and the seal of the authority shall be affixed thereto, and any interest coupons applicable
to the bonds of the authority shall be signed by the chairman of its board or other chief
executive officer; provided, that a facsimile of the signature of one, but not both, of said
officers may be printed or otherwise reproduced on any such bonds in lieu of his manually
signing the same, a facsimile of the seal of the authority may be printed or otherwise reproduced
on any such bonds in lieu of being manually affixed thereto, and a facsimile of the signature
of the chairman of its board or other chief executive officer may be printed or otherwise
reproduced on any such interest coupons in lieu of his manually signing the same....
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41-10-142
Section 41-10-142 Bonds - Issuance; form, terms, denominations, etc.; sale; refunding
bonds; negotiable; security for payment. All bonds issued by an authority may be executed
by such officers of the authority and in such manner as shall be provided in the proceedings
of the board whereunder the bonds shall be authorized to be issued. Any such bonds may be
executed and delivered by an authority at any time and from time to time, shall be in such
form and denominations and of such tenor and maturities, shall contain such provisions not
inconsistent with the provisions of this article and shall bear such rate or rates of interest,
payable and evidenced in such manner as may be provided by resolution of its board. Bonds
of an authority may be sold at either public or private sale in such manner and at such price
or prices and at such time or times as may be determined by the board to be most advantageous.
The principal of or interest on any bonds issued or obligations assumed by an...
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45-49A-64.08
Section 45-49A-64.08 Rates, fees, and charges. Rates, fees, and charges for public transportation
service rendered by the authority from any of its transit systems shall be fixed and from
time to time revised as at all times to provide funds that, when added to all other revenues
(including tax proceeds) anticipated to be received by the authority, will be at least sufficient
to do all of the following: (1) To pay the cost of operating, maintaining, repairing, replacing,
extending, and improving the systems from which such services are rendered. (2) To pay the
principal of and the interest on all bonds issued and obligations assumed by the authority,
that are payable out of the revenues derived from operation of those systems, as the principal
and interest become due and payable. (3) To create and maintain such reserve for the foregoing
purposes or any of them as may be provided in any mortgage and deed of trust or trust indenture
executed by the authority hereunder or in any...
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11-88-12
Section 11-88-12 Establishment and revision of rates, fees, and charges for services
rendered by authority; applicability of provisions of section to authority organized
to construct and operate sewer system. (a) Rates, fees, and charges for water service, sewer
service, and fire protection service rendered by the authority from any of its water systems,
sewer systems, or fire protection facilities shall be so fixed and from time to time revised
as at all times to provide funds at least sufficient to: (1) Pay the cost of operating, maintaining,
repairing, replacing, extending and improving the systems and facilities, or either, from
which such services are rendered; (2) Pay the principal of and the interest on all bonds issued
and obligations assumed by the authority that are payable out of the revenues derived from
operation of those systems and facilities as the said principal and interest become due and
payable; (3) Create and maintain such reserves for the foregoing purposes or any...
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11-88-8
Section 11-88-8 Bonds of authority - Form, terms, denominations, etc.; sale; execution
and delivery; refunding; liability thereon; security for payment of principal and interest
and payment thereof generally; provisions in mortgages, deeds of trust or trust indentures
executed as security for payment of bonds generally. All bonds issued by the authority shall
be signed by the chairman of its board or other chief executive officer and attested by its
secretary and the seal of the authority shall be affixed thereto, and any interest coupons
applicable to the bonds of the authority shall be signed by the chairman of its board or other
chief executive officer; provided, that a facsimile of the signature of one, but not both,
of said officers may be printed or otherwise reproduced on any such bonds in lieu of his manually
signing the same, a facsimile of the seal of the authority may be printed or otherwise reproduced
on any such bonds in lieu of being manually affixed thereto and a...
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