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 […]
36-9-13-23. Lease of Land, Government Buildings, or Systems to Eligible Entity by Authority; Authorization
Sec. 23. (a) An eligible entity may lease land or any part of a government building or system from a building authority, and the authority may lease land or any part of a government building or system to an eligible entity. An eligible entity that enters into such a lease may sublease part of the […]
36-9-13-39. Procedure for Awarding Contracts
Sec. 39. (a) All contracts let by a building authority for the construction and equipment of a government building must be let in accordance with the general statutes concerning public contracts. (b) All contracts let by a building authority for the acquisition of a system may be entered into in accordance with the general statutes […]
36-9-13-24. Leases; Options to Renew
Sec. 24. A lease under section 23 of this chapter may provide the eligible entity that is the lessee with an option to renew the lease for the same term or a shorter term, on the conditions provided in the lease. [Pre-Local Government Recodification Citation: 19-8-4-13 part.] As added by Acts 1981, P.L.309, SEC.86.
36-9-13-25. Leases; Options to Purchase; Authorization of Bond Issue to Pay Purchase Price
Sec. 25. (a) A lease under section 23 of this chapter may give one (1) or more of the lessees acting jointly or severally an option to purchase before the expiration of the term of the lease: (1) on the date or dates in each year that are fixed by the lease; and (2) at […]
36-9-13-26. Construction or Purchase of Building or Acquisition of System to Be Leased; Submission of Plans and Specifications
Sec. 26. (a) A building authority proposing to build or purchase and remodel a government building for lease to an eligible entity must submit the plans, specifications, and estimates for the building or remodeling to the lessee or lessees before the execution of the lease. The plans and specifications must also be submitted to the […]
36-9-13-27. Leases; Notice and Hearing; Execution
Sec. 27. (a) When a building authority and an eligible entity have agreed upon the terms and conditions of a proposed lease under section 23 of this chapter, a notice of a public hearing to be held in the county by the governing body of the eligible entity shall be given by publication to all […]