Section 260.075 – Projects subject to taxation — notes, bonds and their income tax free, exceptions.
Effective – 22 Jan 1973 260.075. Projects subject to taxation — notes, bonds and their income tax free, exceptions. — Projects acquired, constructed, reconstructed, enlarged, improved, furnished, equipped, maintained, repaired, operated, leased, financed or sold by the authority pursuant to sections 260.005 to 260.090 shall be subject to all real and tangible personal property taxes […]
Section 260.030 – Compensation and expenses.
Effective – 22 Jan 1973 260.030. Compensation and expenses. — Each member of the authority shall be entitled to compensation of twenty-five dollars per diem, plus their reasonable and necessary expenses actually incurred in discharging their duties under the provisions of sections 260.005 to 260.090. ——– (L. 1972 H.B. 1041 § 6) Effective 1-22-73
Section 260.035 – Powers of authority — authority employee membership in state employees’ retirement system.
Effective – 28 Aug 2019, 2 histories 260.035. Powers of authority — authority employee membership in state employees’ retirement system. — 1. The authority is hereby granted and may exercise all powers necessary or appropriate to carry out and effectuate its purposes pursuant to the provisions of sections 260.005 to 260.125, including, but not limited […]
Section 260.040 – Revenue bonds, issued when — sale, limitations — procedure — rate.
Effective – 30 Apr 1982 260.040. Revenue bonds, issued when — sale, limitations — procedure — rate. — The authority may at any time issue revenue bonds for the purpose of paying any part of the cost of any project or part thereof. Every issue of its bonds shall be payable out of the revenues […]
Section 260.045 – Notes issued when, how sold.
Effective – 28 Aug 1985 260.045. Notes issued when, how sold. — The authority may issue notes payable from the proceeds of bonds to be issued in the future or from such other sources as the authority may specify as in the case of bonds. Such notes shall mature in not more than five years […]
Section 260.050 – Renewal notes or refunding bonds issued when.
Effective – 22 Jan 1973 260.050. Renewal notes or refunding bonds issued when. — The authority may from time to time issue renewal notes or refund any bonds by the issuance of refunding bonds, whether the bonds to be refunded have or have not matured, and to issue bonds partially to refund bonds then outstanding […]
Section 260.055 – Resolution authorizing notes or bonds, contents of.
Effective – 22 Jan 1973 260.055. Resolution authorizing notes or bonds, contents of. — Any resolution authorizing any notes or bonds may contain such provisions, covenants and agreements subject to any provisions, covenants and agreements with the holders of bonds or notes then outstanding as the authority determines necessary. Such provisions, covenants and agreements may […]
Section 260.060 – Resolution may provide for trust agreements.
Effective – 22 Jan 1973 260.060. Resolution may provide for trust agreements. — A resolution of the authority authorizing the issuance of any notes or bonds or any issue thereof may provide that such notes or bonds shall be secured by a trust agreement between the authority and a corporate trustee, vesting in such trustee […]
Section 260.065 – Notes and bonds not an indebtedness of the state.
Effective – 28 Aug 1985 260.065. Notes and bonds not an indebtedness of the state. — Notes and bonds issued hereunder shall not constitute an indebtedness of the state and the state shall not be liable on such bonds and notes and the form of such bonds and notes shall contain a statement to such […]
Section 260.005 – Definitions.
Effective – 28 Aug 1993 260.005. Definitions. — As used in sections 260.005 to 260.125, the following words and terms mean: (1) “Authority”, the state environmental improvement and energy resources authority created by sections 260.005 to 260.125; (2) “Bonds”, bonds issued by the authority pursuant to the provisions of sections 260.005 to 260.125; (3) “Cost”, […]