§ 7-89-124. Powers Not Restricted — Law Complete in Itself
This chapter shall not be construed as a restriction or limitation upon any powers that an authority, as a public corporation, might otherwise have under any laws of this state, but shall be construed as cumulative of any such powers. No proceedings, notice or approval shall be required for the organization of the authority or […]
§ 7-90-101. Short Title
This chapter shall be known and may be cited as the “Medical School Authorities Act of 2010.”
§ 7-90-102. Legislative Findings — Purpose — Construction
It is hereby found and determined that: There is and is expected to be in the future a shortage of physicians and nurses, particularly primary care physicians in the state, and the existing schools in the state are not presently able to graduate sufficient numbers to avoid this shortage; The creation of additional medical education […]
§ 7-90-103. Chapter Definitions
As used in this chapter, unless the context otherwise requires: “Authority” or “medical school authority” means any public corporation organized pursuant to this chapter; “Bio-medical research facility” means a facility that engages in the study of biological processes and diseases with the ultimate goal of developing effective treatments and cures; “Bonds” or “revenue bonds” means […]
§ 7-90-104. Filing Application for Permission to Apply for Medical School Authority — Filing a Charter
Any number of natural persons, not fewer than three (3), each of whom are duly qualified voters of the municipality, may file with the governing body of the municipality an application in writing seeking permission to apply for the incorporation of a medical school authority of such municipality. If the governing body, by appropriate resolution […]
§ 7-90-105. Charter Contents
The charter shall set forth: The names and residences of the applicants, together with a recital that each of them is a duly qualified voter in the municipality; The name of the authority, which shall contain the words “medical school authority”; The location of the principal office of the authority; The number of directors of […]
§ 7-90-106. Filing of Charter
The secretary of state shall examine the charter and, if the secretary of state finds that the necessary information is contained in the charter and that the name is distinguishable from that of any other authority already in existence in this state, the secretary of state shall file the charter. Upon such filing, the charter […]
§ 7-89-121. Acquisition and Transfer of Project Sites
Any municipality may acquire a project site by gift, purchase or lease, or exercise of the power of eminent domain, and may transfer any project site to an authority by sale, lease or gift. The transfer may be authorized by a resolution of the governing body of the municipality without submission of the question to […]
§ 7-89-111. Municipal Support of Projects — Assignment or Loan of Employees and Provision of Facilities to Authority — Acceptance of Donations— Reversion of Property to Donor
For the purpose of aiding and cooperating with an authority, the municipality authorizing the authority may assign or loan any of its employees, including its engineering staff, and facilities, or those of its agencies and instrumentalities; may provide necessary office space, equipment, and other facilities for the use of the authority and may provide or […]
§ 7-89-112. Authority to Issue Bonds — Application of Proceeds of Bonds — Refunding and Refinancing Outstanding Bonds — Payment of Real Property Ad Valorem Taxes Into Special Fund
The authority shall have power and is authorized to issue its bonds in order to finance: The costs of any project; The payment of the costs of issuance of the bonds, including underwriter’s discounts, financial advisory fees, preparation of the definitive bonds, preparation of all public offering and marketing materials, advertising, credit enhancement and legal, […]