11-50A-17
Section 11-50A-17 Contracts for use of projects; purchase of electric power; payment of charges;
indemnity; enforcement of performance. (a) Any municipality, if authorized by resolution or
ordinance of its governing body, may contract with the authority for the payment of any rates,
tolls, fees, and other charges prescribed in this section and Section 11-50A-18 by the authority
for the output, capacity, use or service by the municipality of any projects or other resources
of the authority or any of its facilities or undertakings. The obligations to pay the amounts
contracted to be paid by the municipality to the authority under the contract or contracts
entered into pursuant to the provisions of this section shall be treated as expenses of operating
the electric distribution system of the municipality for the payment of which the revenues
of the municipality derived from the operation of its electric distribution system (together
with any other revenues that may be lawfully pledged...
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41-29-503
Section 41-29-503 Authorization to make grants of money. (a) The authority is hereby authorized
to make grants of money derived from the sale of its bonds, to grantees for use by the grantees
for any one or more of the following purposes: (1) The making of surveys to determine the
location of suitable project sites in the locality of the grantee. (2) The making of surveys
to determine the availability of labor in the locality of the grantee and to classify such
labor in terms of skills and educational level. (3) The preparation of project sites. (4)
Any combination of any of the foregoing which the grantees consider appropriate and necessary
for the promotion of industrial development in their respective localities. (b) Provided,
however, that 20 percent of the grant funds shall be expended specifically in rural areas
of the state and/or areas with high unemployment and low personal income levels. The Director
of the State Industrial Development Authority shall report annually to the...
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11-47-210.1
Section 11-47-210.1 Legislative findings and declarations. The Legislature finds and declares
all of the following: (1) Through this article, the Legislature has (i) granted to each municipality
in the state, acting either individually or in cooperation with one or more other municipalities,
the power to acquire, operate, manage, and control parks, playgrounds, and other recreational
or athletic facilities and to authorize the organization of an authority, as a public corporation,
to act on behalf of the municipality or municipalities in providing for the ownership and
management of parks, playgrounds, and other recreational or athletic facilities, (ii) provided
for the organization of the authorities, and (iii) specified certain powers to be enjoyed
by such an authority. (2) In order to facilitate the accomplishment of the legislative objectives
reflected in this article and to provide for a greater degree of mutual cooperation among
separate political subdivisions, it is necessary,...
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24-1-33
Section 24-1-33 Powers of authority to secure payment of bonds, etc. In connection with the
issuance of bonds or the incurring of any obligation under a lease and in order to secure
the payment of such bonds or obligations, the authority shall have power: (1) To pledge by
resolution, trust indenture, mortgage, subject to the limitations hereinafter imposed, or
other contract all or any part of its rents, fees or revenues. (2) To covenant against mortgaging
all or any part of its property, real or personal, then owned or thereafter acquired, or against
permitting or suffering any lien thereon. (3) To covenant with respect to limitations on its
right to sell, lease or otherwise dispose of any housing project, or any part thereof, or
with respect to limitations on its right to undertake additional housing projects. (4) To
covenant against pledging all or any part of its rents, fees and revenues to which its right
then exists, or the right to which may thereafter come into existence, or...
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24-1-72
Section 24-1-72 Powers of authority to secure payment of bonds, etc. In connection with the
issuance of bonds or the incurring of any obligation under a lease and in order to secure
the payment of such bonds or obligations, the authority shall have power: (1) To pledge by
resolution, trust indenture, mortgage, subject to the limitations hereinafter imposed, or
other contract all or any part of its rents, fees, or revenues. (2) To covenant against mortgaging
all or any part of its property, real or personal, then owned or thereafter acquired, or against
permitting or suffering any lien thereon. (3) To covenant with respect to limitations on its
right to sell, lease, or otherwise dispose of any housing project, or any part thereof, or
with respect to limitations on its right to undertake additional housing projects. (4) To
covenant against pledging all or any part of its rents, fees, and revenues to which its right
then exists, or the right to which may thereafter come into existence, or...
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11-49B-9
Section 11-49B-9 Bonds of authority. All bonds issued by the authority shall be signed by the
chair of its board or other chief executive officer and attested by its secretary, and the
seal of the authority shall be affixed to the bond, and any interest coupons applicable to
the bonds of the authority shall be signed by the chair of its board or other chief executive
officer. A facsimile of the signature of one, but not both, of the officers may be printed
or otherwise reproduced on any of the bonds in lieu of his or her manually signing the bonds,
a facsimile of the seal of the authority may be printed or otherwise reproduced on any of
the bonds in lieu of being manually affixed to the bonds, and a facsimile of the signature
of the chair of its board or other chief executive officer may be printed or otherwise reproduced
on any interest coupons in lieu of his or her manually signing the bonds. Bonds may be executed
and delivered by the authority and from time to time, shall be in 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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33-2-201
Section 33-2-201 Special purpose obligations. (a) The department, from time to time, may issue
special purpose obligations, which shall be limited obligations of the department payable
from and secured solely by a pledge of private facility payments made by or on behalf of one
or more commercial enterprises for the right to use the private facilities financed thereby
and shall not be payable from docks facilities revenues or otherwise give rise to any liability
on the part of the department other than the private facility payments pledged as security
therefor. No special purpose obligation shall give rise to any liability or constitute a debt
or obligation of the state or a charge against its credit or taxing powers. (b) Any special
purpose obligations shall be issued pursuant to a resolution of the board of directors of
the department. As security for the payment of any special purpose obligations, the department
is authorized to pledge for the payment of the obligations any private...
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45-49A-64.09
Section 45-49A-64.09 Bonds of authority. (a) All bonds issued by the authority shall be signed
by the chair 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 chair of its board or other chief executive
officer; provided, that a facsimile of the signature of one, but not both, of the officers
may be printed or otherwise reproduced on any such bonds in lieu of his or her 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 chair of its board or other chief executive officer may be printed or otherwise reproduced
on any such interest coupons in lieu of his or her manually signing the same. Any such bonds
may be executed and delivered by the authority at any time and...
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11-47-218
Section 11-47-218 Powers of authorities generally; location of projects; exercise of power
of eminent domain. (a) In addition to all other powers at any time conferred on it by law,
and subject to any express provisions of its certificate of incorporation to the contrary,
an authority shall have the following lawful powers, together with all powers incidental thereto
or necessary to discharge thereof in the corporate form: (1) To have succession by its corporate
name in perpetuity or for the duration specified in its certificate of incorporation. (2)
To sue and be sued in its own name in civil actions and to defend actions against it. (3)
To adopt and make use of a corporate seal and to alter the same at pleasure. (4) To adopt,
alter, and repeal bylaws, regulations, and rules, not inconsistent with this article or its
certificate of incorporation, for the regulation and conduct of the affairs and business of
the authority. (5) To acquire, receive, take, and hold, whether by purchase,...
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