§ 41-5815 – Validity of bonds; certification by attorney general
41-5815. Validity of bonds; certification by attorney general A. This article constitutes full authority for authorizing and issuing bonds without reference to any other law of this state. No other law with regard to authorizing or issuing obligations or that in any way impedes or restricts performing the acts authorized by this article may be […]
§ 41-5831 – Definitions
41-5831. Definitions In this article, unless the context otherwise requires: 1. " HVAC system" means the equipment, distribution network and terminals that provide, either collectively or individually, the process of heating, ventilation or air conditioning to a building. 2. " School activity hours" means the time of day in which students or school personnel occupy […]
§ 41-5832 – Indoor air quality requirements
41-5832. Indoor air quality requirements A. When the board or the division approves the construction of a school building, the division shall conduct an environmental site assessment. The division shall consider site assessment standards in accordance with the American society for testing and materials standard E1527, standard practice for environmental site assessments: phase I environmental […]
§ 41-5802 – Authorization of school district impact aid revenue bonds
41-5802. Authorization of school district impact aid revenue bonds A. On voter approval pursuant to section 15-491, a school district governing board may issue negotiable impact aid revenue bonds pursuant to this article. Bonds may be issued under this article in a total aggregate amount not to exceed three times the average of the school […]
§ 41-5841 – Achievement district school application
41-5841. Achievement district school application A. The credit enhancement eligibility board established by section 41-5852 shall establish an application process, application forms and selection criteria for a public school or charter school to qualify as an achievement district school for the purposes of article 11 of this chapter. B. A public school or charter school […]
§ 41-5803 – Issuance and sale of impact aid revenue bonds
41-5803. Issuance and sale of impact aid revenue bonds A. The governing board shall issue the bonds in the number and amount provided in the resolution. B. The bonds shall be sold at public or private sale at the price and on the terms prescribed in the resolution for at, above or below par. C. […]
§ 41-5851 – Definitions
41-5851. Definitions In this article, unless the context otherwise requires: 1. " Achievement district school" means a public school or a charter school that has qualified as an achievement district school pursuant to article 10 of this chapter and that has submitted an application with the board pursuant to this article to obtain guaranteed financing. […]
§ 41-5804 – Impact aid revenue bond building and debt service funds
41-5804. Impact aid revenue bond building and debt service funds A. If a school district issues impact aid revenue bonds under this article, the governing board shall establish: 1. An impact aid revenue bond building fund consisting of the net proceeds received from the sale of the bonds. The fund shall be a continuing fund […]
§ 41-5852 – Credit enhancement eligibility board; members
41-5852. Credit enhancement eligibility board; members A. The credit enhancement eligibility board is established consisting of the following members: 1. The governor or the governor’s designee. 2. The state treasurer or the treasurer’s designee. 3. The director of the department of administration or the director’s designee. B. Members of the board are not eligible to […]
§ 41-5805 – Securing principal and interest
41-5805. Securing principal and interest To secure the principal and interest on the impact aid revenue bonds, the school district governing board by resolution may: 1. Segregate the impact aid revenue bond debt service fund into one or more accounts and subaccounts and provide that bonds issued under this article may be secured by a […]