§ 41-5814 – Effect of changing circumstances on bonds; agreement of state
41-5814. Effect of changing circumstances on bonds; agreement of state A. Bonds issued under this article remain valid and binding obligations of the school district notwithstanding that before the delivery of the bonds any of the persons whose signatures appear on the bonds cease to be officers of the school district. B. An amendment of […]
§ 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 […]
§ 41-5781 – Authorization of state school improvement revenue bonds; expiration
41-5781. Authorization of state school improvement revenue bonds; expiration A. The board may issue revenue bonds in a principal amount not to exceed $800, 000, 000 pursuant to this article. The board may also issue qualified zone academy bonds within the meaning of section 1397e of the United States internal revenue code of 1986 or […]
§ 41-5782 – Issuance and sale of school improvement revenue bonds
41-5782. Issuance and sale of school improvement revenue bonds A. The board shall issue the school improvement revenue 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 at, above or below par. […]
§ 41-5783 – School improvement revenue bond proceeds fund; use for school improvements
41-5783. School improvement revenue bond proceeds fund; use for school improvements A. If the board issues revenue bonds under this article, the board shall establish a school improvement revenue bond proceeds fund consisting of the net proceeds received from the sale of the bonds. B. The board may use monies in the school improvement revenue […]
§ 41-5784 – School improvement revenue bond debt service fund
41-5784. School improvement revenue bond debt service fund A. The board shall establish a school improvement revenue bond debt service fund consisting of monies received by the board pursuant to section 42-5029, subsection E and section 37-521, subsection B, paragraph 1. All monies received pursuant to section 42-5029, subsection E shall be accounted for separately […]