50-8 AIRPORT REVENUE BONDS
AIRPORT REVENUE BONDS
Local government airport improvement contracts--Authorization, issuance, and
sale of revenue bonds.
Contents of authorizing resolution or ordinance.
Adoption of resolution by airport board--Approval by governing body.
Minimum revenues for issuance of bonds--Items includable in estimated future
50-8-5 to 50-8-7. Repealed.
Funds available for payment of bonds--Pledge of revenue from future facilities.
Revenues available for operation and maintenance of airport--Taxing power not
used to liquidate bonds--Exceptions.
Covenants respecting operation and maintenance of airport.
Default in payment of bonds--Mismanagement of airport--Appointment of
receiver for payment of bonds--Restoration of airport to local control.
50-8-14 to 50-8-16. Repealed.