US Lawyer Database

36-9-13-40. Public Records

Sec. 40. The records of a building authority are public records. [Pre-Local Government Recodification Citation: 19-8-4-26 part.] As added by Acts 1981, P.L.309, SEC.86.

36-9-13-41. Dissolution of Authority

Sec. 41. (a) This section does not apply to a county having a consolidated city. (b) The county fiscal body and the municipal fiscal body of the county seat may by concurrent resolution dissolve a building authority. They may consider dissolving the building authority at any time, but they shall consider dissolving the building authority […]

36-9-13-35. Review of Annual Budget

Sec. 35. The annual operating budget of a building authority is subject to review by the department of local government finance as in the case of other political subdivisions. [Pre-Local Government Recodification Citation: 19-8-4-24.] As added by Acts 1981, P.L.309, SEC.86. Amended by P.L.90-2002, SEC.511; P.L.224-2007, SEC.134; P.L.146-2008, SEC.790; P.L.257-2019, SEC.161.

36-9-13-21. Preliminary Expenses

Sec. 21. All necessary preliminary expenses that must be paid by the board of directors of a building authority before the issuance and delivery of bonds or the negotiation of a loan under this chapter, including expenses incurred in: (1) making surveys; (2) estimating costs and receipts; (3) employing engineers, architects, or consultants; (4) giving […]

36-9-13-36. Property and Revenues; Tax Exemption

Sec. 36. All the property and revenues of a building authority are exempt from taxation for all purposes. [Pre-Local Government Recodification Citation: 19-8-4-25 part.] As added by Acts 1981, P.L.309, SEC.86.

36-9-13-22. Powers and Duties of Board of Directors

Sec. 22. (a) Except as provided in subsection (b), the board of directors of a building authority, acting in the name of the authority, may: (1) finance, improve, construct, reconstruct, renovate, purchase, lease, acquire, equip, operate, maintain, and manage land, government buildings, or systems for the joint or separate use of one (1) or more […]

36-9-13-37. Bonds and Other Securities; Tax Exemption

Sec. 37. All the bonds and other securities issued by a building authority, including the interest on them, are exempt from taxation for all purposes. [Pre-Local Government Recodification Citation: 19-8-4-25 part.] As added by Acts 1981, P.L.309, SEC.86.

36-9-13-22.5. Management Contract; Terms; Annual Budget; Tax Levy

Sec. 22.5. The authority may operate, maintain, and manage all or any part of a government building or system for the benefit of an eligible entity under a management contract entered into for a period of not more than forty (40) years. The management contract may contain any terms agreed to by the authority and […]

36-9-13-38. Handling of Funds; Employees’ Bonds

Sec. 38. (a) Except as otherwise provided in this chapter, all money coming into possession of the building authority shall be deposited, held, and secured in accordance with the general statutes concerning the handling of public funds. The handling and expenditure of money coming into possession of the authority is subject to audit and supervision […]