Section 360.114 – Authority to determine grant amount, actual cost of issuance, when — transfers to be at no cost to school district.
Effective – 27 Jun 1995 360.114. Authority to determine grant amount, actual cost of issuance, when — transfers to be at no cost to school district. — 1. On or before July 1, 1997, and every two years thereafter, the authority shall determine the weighted average, actual cost of issuance percentage for issuances under section […]
Section 360.115 – Proceeds of bond sales and fees collected are not revenue of the state.
Effective – 28 Aug 1975 360.115. Proceeds of bond sales and fees collected are not revenue of the state. — The proceeds of all bonds issued by the authority and of all fees permitted to be charged by the authority under sections 360.010 to 360.140 shall not be considered to be part of the revenue […]
Section 360.116 – Payment of grants, procedure — refunding or refinancing existing bonds, net present value savings amount.
Effective – 27 Jun 1995 360.116. Payment of grants, procedure — refunding or refinancing existing bonds, net present value savings amount. — 1. Payment of grants under sections 360.111 to 360.118 shall be made from funds appropriated for such purpose under section 164.303. Payment shall be authorized by the commissioner of education upon receipt of […]
Section 360.117 – Funding for grants less than amount of grants distributable, first priority construction or renovation projects.
Effective – 27 Jun 1995 360.117. Funding for grants less than amount of grants distributable, first priority construction or renovation projects. — If the amount of funding available for grants under sections 360.111 to 360.118 is less than the total amount of grants distributable under sections 360.111 to 360.118 for qualifying issues, first priority for […]
Section 360.118 – Authority’s power to invest, when — earnings attributable to district, distribution — law not applicable to finance new lease purchase agreement.
Effective – 27 Jun 1995 360.118. Authority’s power to invest, when — earnings attributable to district, distribution — law not applicable to finance new lease purchase agreement. — 1. The authority may invest any funds held pursuant to powers granted under sections 360.111 to 360.118, which are not required for immediate disbursement, in any investment […]
Section 360.095 – Initial planning service fee, amount of, how determined — proration of fee, when.
Effective – 28 Aug 1975 360.095. Initial planning service fee, amount of, how determined — proration of fee, when. — 1. When an application is made to the authority by any health institution or educational institution for financial assistance, the application shall be accompanied by an “initial planning service fee” in an amount determined by […]
Section 360.100 – Conveyance to participating institution, when made.
Effective – 28 Aug 1975 360.100. Conveyance to participating institution, when made. — When the principal of and interest on bonds issued by the authority to finance the cost of facilities or to refinance outstanding indebtedness of one or more participating health institutions or participating educational institutions, as the case may be, including any bonds […]
Section 360.035 – Bond required, amount of.
Effective – 28 Aug 1975 360.035. Bond required, amount of. — Each member of the authority shall execute a surety bond in the penal sum of fifty thousand dollars or, in lieu thereof, the chairman of the authority shall execute a blanket bond covering each member and the employees or other officers of the authority, […]
Section 360.105 – Financing by purchase of securities of participating institution authorized — such securities to be secured, how.
Effective – 28 Aug 1975 360.105. Financing by purchase of securities of participating institution authorized — such securities to be secured, how. — 1. Any other provision of sections 360.010 to 360.140 to the contrary notwithstanding, the authority may finance the cost of a health or educational facility or of health or educational facilities or […]
Section 360.040 – Conflict of interest not applicable, when.
Effective – 28 Aug 1988 360.040. Conflict of interest not applicable, when. — Any other provision of the law to the contrary notwithstanding, it shall not be or constitute a conflict of interest for a trustee, director, officer, employee, owner or partner of any health institution, educational institution, financial institution, investment banking firm, brokerage firm, […]