§ 45-1995 – Issuance of bonds
45-1995. Issuance of bonds Bonds issued under this article shall be authorized by resolution of the authority and may be issued in one or more series, shall bear such date or dates, mature at such time or times, bear interest at such rate or rates, be in such denomination or denominations and in such form, […]
§ 45-1996 – Provisions of bonds; sale
45-1996. Provisions of bonds; sale A. The bonds shall provide that: 1. The bond is purchased and taken after a complete disclosure and with a full knowledge of all of the surrounding relevant facts and circumstances and not on the representation, faith or credit of the authority, this state or any of its political subdivisions. […]
§ 45-1997 – Certification of bonds by attorney general
45-1997. Certification of bonds by attorney general The board may submit any bonds issued under this article to the attorney general after all proceedings for their authorization have been completed. On submission the attorney general shall examine and pass on the validity of the bonds and the regularity of the proceedings. If the proceedings comply […]
§ 45-1998 – Validity of bonds
45-1998. Validity of bonds This chapter constitutes full authority for authorizing and issuing bonds without reference to any other law of this state. No other law with regard to the authorization or issuance of obligations or that in any way impedes or restricts the carrying out of the acts authorized by this article may be […]
§ 45-1999 – Water augmentation authority bonds as legal investments
45-1999. Water augmentation authority bonds as legal investments County water augmentation authority bonds issued under this article are securities in which public officers and bodies of this state and of municipalities and political subdivisions of this state, all companies, associations and other persons carrying on an insurance business, all financial institutions, investment companies and other […]
§ 45-1991 – Authority to issue bonds
45-1991. Authority to issue bonds If the authority finds other financing methods or procedures inadvisable, inadequate or insufficient to acquire or construct projects, works or facilities, it may independently or in conjunction with any other optional or alternative plans provided in this chapter issue revenue bonds as provided by this article.
§ 45-1992 – Prerequisites to issuance
45-1992. Prerequisites to issuance No revenue bonds may be issued until provision is made by contracts pursuant to this chapter adequate in the judgment of the board to ensure all necessary fiscal reserves, operation costs, maintenance and depreciation charges and payment of principal and interest of any bonds relating to any proposed project or facility […]
§ 45-1993 – Scope of resolution
45-1993. Scope of resolution A. Resolutions for a bond issue or issues shall state the amount of the proposed issue or issues, the proposed interest rate and types and terms of bonds, that all other methods of necessary financing by the authority have been found impractical, inadvisable or inadequate and that the issuance of the […]
§ 45-1994 – Hearing; findings
45-1994. Hearing; findings A. The chairman of the board, at the earliest practical date, shall fix a time and place for a hearing at least twenty but not more than thirty days after adopting the resolution. The authority shall publish notice of the time and place fixed for the hearing twice in a newspaper of […]