§ 9-21-606. Application for Extension or Renewal of Three-Year Capital Outlay Notes and Capital Outlay Notes Issued for the Acquisition of Land — Retirement of Notes
Application to the comptroller of the treasury or the comptroller’s designee for an extension or renewal of the maturity date of capital outlay notes issued under §§ 9-21-604 and 9-21-605 shall be by resolution of the governing body of the local government. No capital outlay notes shall be converted to bonds later than two (2) […]
§ 9-21-607. Method of Sale of Three-Year Capital Outlay Notes and Seven-Year Capital Outlay Notes
Notes authorized to be issued under §§ 9-21-604 and 9-21-605 may be sold in such manner either at a competitive public sale or at a private negotiated sale as the governing body of the local government may direct.
§ 9-21-608. Twelve-Year Capital Outlay Notes
Capital outlay notes issued pursuant to this section may be issued for a period greater than the end of the third fiscal year following the fiscal year in which the notes were issued, but not greater than the end of the twelfth fiscal year following the fiscal year in which the notes were issued. Each […]
§ 9-21-609. Method of Sale of Twelve-Year Capital Outlay Notes
Capital outlay notes authorized under § 9-21-608 may be sold either at a competitive public sale or by an informal bid process in which, whenever possible, at least three (3) financial institutions are contacted by telephone or letter and asked to provide a rate or rates of interest for the term or terms of such […]
§ 9-21-610. Application for Extension or Renewal of Capital Outlay Notes Issued for Greater Than Three (3) Years but Not Greater Than Twelve (12) Years — Renewal of Notes
Application to the comptroller of the treasury or the comptroller’s designee for an extension or renewal of the maturity date of capital outlay notes described in § 9-21-608 shall be by resolution of the governing body of the local government, and such extension or renewal shall not extend the final maturity date of the notes […]
§ 9-21-611. Capital Outlay Notes Issued Solely to the Environmental Protection Agency
Capital outlay notes issued solely to the environmental protection agency of the United States (EPA) under the Asbestos in School Hazard Abatement Program (20 U.S.C. § 4011 et seq.) may be issued for a period not to exceed twenty (20) years from the date of issue. The resolution authorizing any such issue of notes shall […]
§ 9-21-503. Method of Sale of Bond Anticipation Notes
Bond anticipation notes may be sold in such manner either at a competitive public sale or at a private negotiated sale as the governing body of the local government may direct.
§ 9-21-504. Security for Bond Anticipation Notes
Bond anticipation notes issued in anticipation of bonds secured by the full faith and credit of the local government shall be secured by a pledge of the taxing power of the local government, as to all taxable property in the local government or a portion of the local government, if applicable, which shall be subject […]
§ 9-21-505. Approval of Bond Anticipation Notes and Application for Their Extension or Renewal
The sale of bond anticipation notes shall first be approved by the comptroller of the treasury or the comptroller’s designee, and the notes shall be issued for the express purpose of providing funds in anticipation of the sale of bonds. All such notes shall be issued for a period not to exceed two (2) years […]
§ 9-21-601. Authorization for the Issuance of Capital Outlay Notes
The governing body of a local government acting by resolution is hereby authorized to issue and sell interest-bearing capital outlay notes for all purposes for which bonds can be legally authorized and issued by a local government for public works projects as defined in this chapter and for property valuation, tax assessment and tax equalization […]