45-37A-56.36
Section 45-37A-56.36 Use 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 cost of acquiring, constructing,
improving, enlarging, and equipping the parking facilities or 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 cost shall be deemed to include the following: The cost of any land forming
a part of such facilities; 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 the facilities; the cost of landscaping the lands forming a part of such facilities
and of constructing and installing roads, sidewalks, curbs, gutters, and utilities in connection
with the facilities; legal, fiscal, and...
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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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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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22-3A-15
Section 22-3A-15 Disposition of proceeds of bonds; Public Health Facilities Building Fund;
powers of authority; improvement and construction defined; supervision; bidding. (a) The proceeds
of the bonds, other than refunding bonds, remaining after paying the expenses of their sale
and issuance shall be turned in to the State Treasury and all income derived from the investment
of said proceeds (including income from the investment of proceeds held in the Debt Service
Reserve Fund to the extent provided in the resolution, trust indenture or other documents
pursuant to which the bonds shall be issued) shall be carried in a special fund to be designated
the Public Health Facilities Building Fund, and shall be subject to be drawn on by the authority
for the purpose of paying the costs of acquiring, constructing, improving and equipping such
public health facilities in the state as shall be determined by the authority. Subject to
the provisions of Section 22-3A-19, the authority shall have...
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11-58-9
Section 11-58-9 Bonds - Disposition of proceeds from sale. (a) The proceeds from the sale of
any bonds issued by a corporation organized under authority of this chapter shall be applied
only for the purpose for which the bonds were issued; provided, however, that any accrued
interest and premium received in any such sale shall be applied to the payment of the principal
of or the interest on the bonds sold; provided further, that if for any reason any portion
of such proceeds shall not be needed for the purpose for which the bonds were issued, then
such unneeded portion of said proceeds shall be applied to the payment of the principal of
or the interest on said bonds. (b) The cost of acquiring any medical clinic, which shall be
paid from the proceeds derived from the sale of bonds, shall be deemed to include the following:
(1) The actual cost of the construction of any part of a building which may be constructed,
including architect's and engineer's fees; (2) The purchase price of any...
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33-2-189
Section 33-2-189 Docks facilities revenue bonds and refunding bonds - Disposition of proceeds
of docks facilities revenue bonds. The department shall pay out of the proceeds from the sale
of any of the docks facilities revenue bonds all expenses that the director may deem necessary
or advantageous in connection with the sale and issuance of such docks facilities revenue
bonds (including any discount reflected in the purchase price thereof paid to the department),
including fees and disbursements of attorneys, accountants, financial advisors, consulting
engineers, and other consultants, fees and disbursements of trustees and escrow agents, bond
insurance premiums, printing costs, and other customary bond issuance expenses. Proceeds of
any of the docks facilities revenue bonds may also be applied to pay the costs of any surety
bonds or bonds that the department may cause to be deposited in a reserve account to further
secure the payment of principal of, premium, if any, and interest on...
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11-48-83
Section 11-48-83 Issuance of bonds payable solely out of proceeds from assessments to pay cost
of improvements. Each such city shall also have the power to finance the construction of public
improvements in the police jurisdiction of such city by the issuance of its bonds payable
solely out of the proceeds from assessments then made or to be thereafter made against the
properties specially benefited by such improvements. Any such bonds shall not be general obligations
of such city, and such city shall not be in any way liable to the holders of such bonds in
the event of the failure to collect any of the assessments out of the proceeds from which
such securities may be payable. Any such bonds shall pledge, convey and transfer to the holders
thereof all of the issuing city's right, title and interest in and to such assessments and
the city's liens securing such assessments, together with the right to enforce the collection
of such assessments by foreclosure of such liens in any court of...
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11-50A-20
Section 11-50A-20 Trust agreement. In the discretion of the authority, any issue of bonds may
be secured by a trust agreement or indenture made by the authority with a corporate trustee,
which may be any trust company or bank within or without the state having the powers of a
trust company. The trust agreement or indenture may pledge or assign any revenues to be received
by the authority and any proceeds which may be derived from the disposition of any real or
personal property of the authority or proceeds of insurance carried thereon. The resolution
providing for the issuance of bonds and the trust agreement or indenture may contain any provisions
the authority deems necessary or appropriate for protecting and enforcing the rights and remedies
of the bondholders, including the right of appointment of a receiver upon default in the payment
of any principal or interest obligation and the right of any receiver or trustee to enforce
collection of any rates, fees, tolls, charges, or...
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41-9-432
Section 41-9-432 Powers generally. The commission shall be authorized: (1) To investigate and
select an available site for housing the exhibits, including the surrounding grounds, in cooperation
with the Department of the Army and the community, taking into consideration all pertinent
factors affecting the suitability of such site; (2) To acquire by rent or lease agreement
or otherwise the necessary housing facilities and to establish, improve and enlarge the available
facility, including providing it with necessary equipment, furnishings, landscaping and related
facilities, including parking areas and ramps, roadways, sewers, curbs and gutters; (3) To
enter into such contracts and cooperative agreements with the local, state and federal governments,
with agencies of such governments, including the Department of the Army and the National Aeronautics
and Space Administration, with private individuals, corporations, associations and other organizations
as the commission may deem...
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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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