§ 4-31-516. Provisions Supplemental
This part shall be in addition and supplemental to any other law providing for the financing of the purchase of equipment by counties and shall not be deemed to amend or repeal any other law. No proceedings by a county shall be required for loan agreements hereunder, except as provided by this part, any law […]
§ 4-31-601. Short Title
This part shall be known and may be cited as the “TLDA Airport Loan Act of 1988.”
§ 4-31-602. Legislative Intent
The general assembly finds and declares that: The construction of safety improvements for airports is an essential function of airport authorities, municipal airports, and state and local governments; The construction of projects for airport improvements, for the mitigation of noise created by activity of an airport, for the acquisition of property and rights in property, […]
§ 4-31-603. Part Definitions
As used in this part, unless the context otherwise requires: “Airport” means and includes any one (1) or more airports or heliports and related facilities of an airport authority or municipal airport, including, but not limited to, land and interests in land, facilities for storage of air and space craft, navigation and landing aids, taxiways, […]
§ 4-31-604. Financing of Projects for Use of Airport Authorities and Municipal Airports — Schedule of Payments
For the purpose of providing moneys to fund loans authorized by this part, the authority, in addition to the powers otherwise created by law, has the power and is hereby authorized to issue from time to time negotiable bonds and notes of the authority in an amount not to exceed two hundred million dollars ($200,000,000) […]
§ 4-31-605. Administration of Loans
The authority shall administer loans made under this part. In so doing, the authority may adopt rules and regulations necessary for the effective administration of this part, including the promulgation of prerequisites that must be fulfilled by an airport authority or municipal airport in order to be eligible for a loan, procedures to be followed […]
§ 4-31-606. Loan Agreements
Subject to § 4-31-605 and subject to any existing contractual obligations of the airport authority or municipal airport, the authority may enter into a loan agreement with any airport authority or municipal airport, and any airport authority or municipal airport may enter into a loan agreement with the authority, for loans for financing projects, if […]
§ 4-31-607. Guarantees by Municipality of Loan Agreement
Any creating municipality or participating municipality under title 42, Chapters 3 5 is hereby authorized pursuant to resolution adopted by the governing body of any such creating or participating municipality to guarantee or in any other manner to secure the payment of the airport authority or municipal airport under the loan agreement. Such guarantee shall […]
§ 4-31-608. Further Agreements and Guarantees With Authority
The authority has the right to enter into such further agreements with an airport authority or municipal airport and require such further guarantees or securities as it may see fit prior to, or simultaneously with, the issuance of bonds or notes or to refuse to issue bonds or notes until such agreements or securities, in […]
§ 4-31-505. Administration of Loans
The authority shall administer loans made under this part. In so doing, the authority may adopt rules and regulations necessary for the effective administration of this part, including the promulgation of prerequisites that must be fulfilled by the county in order to be eligible for a loan, procedures to be followed in making loan applications […]