48E-6 Issuance of special purpose revenue bonds to finance pollution control projects.
§48E-6 Issuance of special purpose revenue bonds to finance pollution control projects. In addition to the other powers which any county otherwise may have, any county shall have the power and is authorized to issue special purpose revenue bonds to finance, in whole or in part, the costs of a pollution control project. The legislature […]
48E-7 Authorization of special purpose revenue bonds.
§48E-7 Authorization of special purpose revenue bonds. (a) The governing body of a county, by an ordinance finally enacted by an affirmative vote of two-thirds of the members to which such governing body is entitled, and by a separate ordinance for each single pollution control project or a single program of pollution control projects may […]
48E-8 Special purpose revenue bond anticipation notes.
§48E-8 Special purpose revenue bond anticipation notes. Whenever the governing body of the county shall have authorized the issuance of special purpose revenue bonds under this chapter, special purpose revenue bond anticipation notes of the county are authorized to be issued in anticipation of the issuance of such bonds and of the receipt of the […]
48E-9 Powers with respect to and security for special purpose revenue bonds.
§48E-9 Powers with respect to and security for special purpose revenue bonds. In order to secure the payment of any of the special purpose revenue bonds issued pursuant to this chapter, and interest thereon, or in connection with such bonds, a county shall have the power as to such bonds: (1) To pledge all or […]
48E-10 Lien of special purpose revenue bonds.
§48E-10 Lien of special purpose revenue bonds. (a) Special purpose revenue bonds shall be payable from the revenues derived by the county from payments made to the county under the project agreement or other agreements entered into with respect to the pollution control project, and shall be secured by such revenues and by the pledges […]
48E-11 Special purpose revenue bonds not a general obligation of county.
§48E-11 Special purpose revenue bonds not a general obligation of county. No holder or holders of any special purpose revenue bonds issued under this chapter shall ever have the right to compel any exercise of taxing power of the county to pay such bonds or the interest thereon. No special purpose revenue bond shall be […]
48E-12 Validity of special purpose revenue bonds.
§48E-12 Validity of special purpose revenue bonds. The special purpose revenue bonds bearing the signature or facsimile signature of officers in office on the date of the signing thereof shall be valid and sufficient for all purposes, notwithstanding that before the delivery thereof and payment therefor any or all the persons whose signatures appear thereon […]
48E-13 Use of receipts derived from project agreement.
§48E-13 Use of receipts derived from project agreement. Any county issuing special purpose revenue bonds pursuant to this chapter for a pollution control project shall have the right to appropriate, apply, or expend the receipts derived from the project agreement entered into with respect thereto for the following purposes: (1) To pay when due all […]
48E-14 Special purpose revenue bonds exempt from taxation.
§48E-14 Special purpose revenue bonds exempt from taxation. Special purpose revenue bonds issued pursuant to this chapter and the income therefrom shall be exempt from all state and county taxation except inheritance, transfer, and estate taxes. [L 1983, c 237, pt of §2]
48E-15 Exemption from taxation by county property.
§48E-15 Exemption from taxation by county property. All revenues derived by the county from any project agreement shall be exempt from all state and county taxation. Any right, title, and interest of the county in any pollution control project shall also be exempt from all state and county taxation. Except as otherwise provided by law, […]