Section 70-2209 – GRANTING OF OPERATION AND USE PRIVILEGES.
70-2209. GRANTING OF OPERATION AND USE PRIVILEGES. In connection with the operation of transportation, storage, or other facilities owned or controlled by an intermodal authority, the intermodal authority may: (1) Enter into contracts, leases, and other arrangements for terms not to exceed thirty (30) years: (a) Granting the privilege of using or improving the intermodal […]
Section 70-2210 – PROPERTY — DISPOSAL.
70-2210. PROPERTY — DISPOSAL. (1) Except as may be limited by the terms and conditions of any grant, loan or agreement entered into by the intermodal authority, notwithstanding the provisions in title 31, Idaho Code, an intermodal authority may, after a public hearing, sell, lease with a provision containing the right to transfer title or […]
Section 70-2211 – BONDS AND OBLIGATIONS.
70-2211. BONDS AND OBLIGATIONS. (1) An intermodal authority may borrow money for any of its lawful purposes and shall have the power to issue bonds from time to time in its discretion to finance the undertaking of any project or purpose under this chapter. Bonds shall be payable out of any revenue of the intermodal […]