2046-T – Agreements With the Town.
§ 2046-t. Agreements with the town. 1. The town is hereby authorized to pledge to and agree with the holders of the bonds and notes that: (a) The town will not limit or alter the rights hereby vested in the agency to acquire, construct, maintain, reconstruct and operate any project, to establish and collect rates, […]
2046-U – Title Not Affected if in Part Unconstitutional or Ineffective.
§ 2046-u. Title not affected if in part unconstitutional or ineffective. If any provision of any section of this title or the application thereof to any person or circumstance shall be adjudged invalid by a court of competent jurisdiction, such order or judgment shall be confined in its operation to the controversy in which it […]
2046-S – Contracts.
§ 2046-s. Contracts. All contracts or orders, for work, material or supplies performed or furnished in connection with construction, shall be awarded by the agency pursuant to resolution of the governing body except as hereinafter provided. Such awards, when applicable, may be made in compliance with paragraph (e) of subdivision four and subdivision seven of […]
2046-I – Actions Against Agency.
§ 2046-i. Actions against agency. 1. In every action against the agency for damages, for injuries to real or personal property or for the destruction thereof, or for personal injuries or death, the complaint shall contain an allegation that at least thirty days have elapsed since the demand, claim or claims upon which such action […]
2046-J – Moneys of the Agency.
§ 2046-j. Moneys of the agency. All moneys of the agency from whatever source derived shall be paid to the treasurer of the agency and shall be deposited forthwith in a bank or banks in the state designated by the agency. The moneys in such accounts shall be paid out on check of the treasurer […]
2046-K – Transfer of Officers and Employees.
§ 2046-k. Transfer of officers and employees. Any officer or employee of the town selected by the agency may, with the consent of the town, be transferred to the agency. The salary or compensation of any such officer or employee shall, after such transfer, be paid and fixed by the agency. Notwithstanding the provisions of […]
2046-L – Agreements of the State.
§ 2046-l. Agreements of the state. The state does pledge to and agree with the holders of the bonds or notes that the state will not limit or alter the rights hereby vested in the agency to acquire, construct, maintain, operate, reconstruct and improve any project, or part or parts thereof, for which bonds or […]
2046-M – Bonds and Notes as Legal Investments.
§ 2046-m. Bonds and notes as legal investments. The bonds and notes are hereby made securities in which all public officers and bodies of this state and all municipalities, all insurance companies and associations and other persons carrying on an insurance business, all banks, bankers, trust companies, savings banks and savings associations, including savings and […]
2046-N – Tax Exemption.
§ 2046-n. Tax exemption. 1. It is hereby determined that the creation of the agency and the carrying out of its corporate purposes is in all respects for the benefit of the people of the town and the state and is a public purpose, and the agency shall be regarded as performing a governmental function […]
2046-O – Tax Contract.
§ 2046-o. Tax contract. The state covenants with the purchasers and with all subsequent holders and transferees of bonds or notes issued by the agency pursuant to this title, in consideration of the acceptance of and payment for the bonds or notes that the bonds and notes of the agency issued pursuant to this title […]