11-54-56
Section 11-54-56 Bonds - Disposition of proceeds from sale. (a) The proceeds derived from the
sale of any bonds issued under authority of this article, other than refunding bonds, shall
be used only to pay the cost of acquiring, constructing, improving, enlarging, equipping and
furnishing one or more projects as may be provided in the proceedings in which the bonds are
authorized to be issued. (b) Such cost 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; (3) The purchase price of
and the cost of installing equipment, furniture and furnishings 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...
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16-65-6
Section 16-65-6 Bonds generally. (a) Issuance of bonds. The authority is authorized and empowered
to issue its bonds from time to time for the purpose of making equipment loans to finance
equipment costs incurred or to be incurred by educational institutions. Such bonds may be
in such aggregate principal amount as the board of directors shall determine to be necessary
to pay the equipment costs included in such financing. The authority may pay from the proceeds
of the sale of its bonds all expenses, including publication and printing charges, attorneys'
fees, financial advisory fees, and other expenses which the board of directors may deem necessary
or advantageous in connection with the authorization, advertisement, sale, execution, and
issuance of its bonds or the making of equipment loans from the proceeds thereof. (b) Source
of payment. All bonds issued by the authority shall be limited obligations of the authority
payable solely from any combination of the following: (1) The...
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41-10-364
Section 41-10-364 Proceeds of bonds, other than refunding bonds; special fund to pay costs
of acquisition, construction, etc., of mental health facilities; such work supervised by Building
Commission; such work subject to competitive bidding; disposition of moneys remaining. The
proceeds of the bonds, other than refunding bonds, remaining after paying the expenses of
their sale and issuance shall be turned into the State Treasury, shall be carried in a special
fund to be designated the Mental Health Facilities Building Fund, and shall be subject to
be drawn on by the authority for the purpose of paying costs of acquisition, construction,
improvement and equipping of mental health facilities in the state. For the purposes of this
article, the improvement of a facility shall be deemed to include the renovation, modernization,
remodeling, and equipment thereof and the construction of additions thereof, and the construction
of a facility shall be deemed to include the acquisition of real...
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41-10-676
Section 41-10-676 Use of bond proceeds. (a) The proceeds derived from the sale of the bonds
shall be deposited in the State Treasury and shall be carried in a separate fund therein for
the account of the authority. The proceeds from the sale of the bonds remaining after payment
of the expenses of issuance thereof shall be retained in such fund and, until they are paid
out, shall be invested by the State Treasurer at the direction of the authority, in investments
that constitute permitted investments, as defined in the Enabling Act. Monies in such fund,
whether original proceeds from the sale of the bonds or earnings on such proceeds, shall be
paid out from time to time in orders or warrants issued by or on the direction of the authority
for any one or more of the purposes specified in Section 41-10-674 that may be deemed by the
authority to be necessary to comply with any and all commitments made by the state to any
company. (b) Notwithstanding subsection (a), the authority may use...
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2-3A-35
Section 2-3A-35 Refunding bonds. Pursuant to the provisions of Amendment 618 and this article,
the authority may, at any time and from time to time, issue for the state refunding bonds
of the state for the purpose of refunding any or all of the bonds authorized by Amendment
618 then outstanding (including any refunding bonds that may have been previously issued),
whether such refunding shall occur before, at or after the maturity of the bonds to be refunded.
In the discretion of the authority, refunding bonds may be issued in exchange for such outstanding
bonds or they may be sold and the proceeds thereof applied to the purchase, redemption or
payment of such outstanding bonds. Refunding bonds to be issued in exchange for such outstanding
bonds shall not be issued in a principal amount greater than the principal amount of the bonds
to be refunded. Refunding bonds to be sold pursuant hereto may be issued in such principal
amount or amounts as shall be determined by said authority....
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41-10-656
Section 41-10-656 Use of bond proceeds. (a) The proceeds derived from the sale of the bonds
shall be deposited in the State Treasury and shall be carried in a separate fund therein for
the account of the authority. The proceeds from the sale of the bonds remaining after payment
of the expenses of issuance thereof shall be retained in such fund and, until they are paid
out, shall be invested by the State Treasurer at the direction of the authority, in investments
that constitute permitted investments, as defined in Division 1. Monies in such fund, whether
original proceeds from the sale of the bonds or principal proceeds of matured investments,
shall be paid out from time to time in orders or warrants issued by or on the direction of
the authority for any one or more of the purposes specified in Section 41-10-654 that may
be deemed by the authority to be necessary to comply with any and all commitments made by
the state to the company. (b) Notwithstanding subsection (a), the authority...
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11-62-10
Section 11-62-10 Refunding bonds and notes. (a) Any authority may issue refunding bonds or
notes for the purpose of refunding any bonds or notes then outstanding which have been issued
under the provisions of this chapter, including the payment of any redemption premium thereon,
any interest accrued or to accrue to the date of maturity or earlier redemption of such bonds
or notes and any expenses of such refunding, including, without limitation to, attorneys'
fees, costs of printing the refunding bonds or notes, financial advisors' fees and accountants'
fees, and for the purpose of refunding any of its bonds or notes in combination with any other
corporate purpose of such authority. The issuance of such refunding bonds or notes, the maturities
and other details thereof, the rights of the holders thereof and the rights, duties and obligations
of such authority in respect thereof shall be governed by the provisions of this chapter relating
to the issuance of bonds and notes generally, to...
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37-13-14
Section 37-13-14 Bonds of authority - Disposition of proceeds from sale of bonds. The proceeds
derived from the sale of any bonds (other than refunding bonds) may be used only to pay the
costs of acquiring, constructing, improving, enlarging and equipping the railroad properties
and facilities, or other property with respect to which they were issued, as may be specified
in the proceedings in which the bonds are authorized to be issued. Such costs shall be deemed
to include the following: the costs of any land or easements forming a part of such railroad
properties and facilities or other property; the cost of labor, material and supplies used
in any such construction, improvement or enlargement, including architects' and engineers'
fees, and the cost of preparing contract documents and advertising for bids; the purchase
price of, and the cost of installing equipment for use in connection with, such railroad properties
and facilities or other property; the cost of constructing and...
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11-89B-2
Section 11-89B-2 Form, terms, denominations, etc. of bonds; execution and delivery; interest;
sale; issuance of refunding bonds; liability on bonds; source of payment; use of proceeds;
mortgage, deed of trust, etc., containing certain agreements. All bonds issued pursuant to
the provisions of this chapter shall be signed by the chairman of the board of directors or
other governing body or other chief executive officer of such public corporation and attested
by its secretary and the seal of such public corporation shall be affixed thereto; provided,
that a facsimile of the signatures of both of the officers whose signatures will appear on
the bonds may be imprinted or otherwise reproduced thereon in lieu of being manually signed
if the proceedings in which the bonds are authorized to be issued provide for the manual authentication
of such bonds by a trustee, registrar or paying agent; provided further, that a facsimile
of the seal of such public corporation may be imprinted or otherwise...
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11-49B-12
Section 11-49B-12 Proceeds from sale of bonds. All moneys derived from the sale of bonds issued
by the authority shall be used solely for the purpose for which the bonds are authorized and
any costs and expenses incidental to the bonds. The costs and expenses may include, but shall
not be limited to: (1) The fiscal, engineering, legal, and other expenses incurred in connection
with the issuance of the bonds. (2) Bonds issued to pay costs of acquiring or constructing
all or any part of a transit system, interest on such bonds or, if a part only of any series
of bonds is issued for acquisition or construction purposes, interest on that portion of the
bonds of that series that is issued to pay the acquisition or construction costs prior to
and during the acquisition or construction and not exceeding one year after completion of
the acquisition or construction. (3) Bonds issued for refunding principal and interest, or
either, with respect to bonds issued or obligations assumed by the...
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