Section 33-2-181 – Authorization to Issue Docks Facilities Revenue Bonds.
Section 33-2-181 Authorization to issue docks facilities revenue bonds. The department, with the approval of the Governor, may from time to time and at any time, issue its docks facilities revenue bonds in such aggregate principal amounts as the department, with the approval of the Governor, may determine to be advisable, for the purpose of […]
Section 33-2-153 – Authority, etc., of Department Under Article Cumulative.
Section 33-2-153 Authority, etc., of department under article cumulative. All administration, supervision, authority and responsibility under this article and operations conducted hereunder, vested in the department, shall be in addition to all powers, duties and authority conferred on the department by any other statute, it being the intent of this article that the authority, powers, […]
Section 33-2-182 – Authorization to Issue Refunding Bonds.
Section 33-2-182 Authorization to issue refunding bonds. Subject to the provisions contained in this article, the department may from time to time sell and issue its refunding bonds for the purpose of refunding any or all of the outstanding bonds then outstanding, together with any interest thereon whether due and unpaid at the time of […]
Section 33-2-154 – How Property and Rights-of-Way May Be Acquired; Eminent Domain Proceedings.
Section 33-2-154 How property and rights-of-way may be acquired; eminent domain proceedings. In acquiring rights-of-way and property necessary for the construction of facilities and convenient approaches thereto in furtherance of the purposes of this article, the department shall have the power to acquire same by gift, lease, purchase, negotiation or condemnation. The department shall have […]
Section 33-2-183 – Docks Facilities Revenue Bonds and Refunding Bonds – Generally.
Section 33-2-183 Docks facilities revenue bonds and refunding bonds – Generally. The docks facilities revenue bonds and the refunding bonds shall be in such forms and denominations and of such tenor and maturities (either serial or term or a combination thereof), provided that no docks facilities revenue bond or refunding bond shall have a specified […]
Section 33-2-155 – Department May Contract Current Indebtedness.
Section 33-2-155 Department may contract current indebtedness. In any operations conducted under this article, the department may contract such current indebtedness as is necessarily incident to the progress of the work in accordance with the terms of this article. (Acts 1969, No. 472, p. 917, §6.)
Section 33-2-184 – Docks Facilities Revenue Bonds and Refunding Bonds – Execution.
Section 33-2-184 Docks facilities revenue bonds and refunding bonds – Execution. The docks facilities revenue bonds and refunding bonds shall be signed by the director and attested by the secretary-treasurer of the department, and all interest coupons (if any) applicable to the docks facilities revenue bonds or refunding bonds shall be signed by the director; […]
Section 33-2-156 – General Provisions Relative to Inland Facilities Bonds.
Section 33-2-156 General provisions relative to inland facilities bonds. In order to provide funds for the purposes of this article, there are hereby authorized to be sold and issued bonds of the state not exceeding $10,000,000.00 in aggregate principal amount, under and subject to the provisions hereinafter set forth. The bonds shall be designated as […]
Section 33-2-185 – Docks Facilities Revenue Bonds and Refunding Bonds – Sale.
Section 33-2-185 Docks facilities revenue bonds and refunding bonds – Sale. Docks facilities revenue bonds and refunding bonds may be sold by the department from time to time in series, and if sold in more than one series may all be authorized in one initial order of the director with the pledges therefor made in […]
Section 33-2-157 – Requirements for Sale of Bonds.
Section 33-2-157 Requirements for sale of bonds. The bonds must be sold only at public sale, either on sealed bids or at public auction, to the bidder whose bid reflects the lowest net interest cost to the state for the bonds being sold, computed to their respective maturities; provided, that if no bid acceptable to […]