9-54 ECONOMIC DEVELOPMENT PROJECTS
CHAPTER 9-54
ECONOMIC DEVELOPMENT PROJECTS
9-54-1
Purpose of chapter.
9-54-2
Power to issue bonds, acquire or construct projects and enter revenue agreements--Location of projects.
9-54-2.1
Power to issue revenue bonds, purchase or discharge debt of nonprofit corporation
operating health care or housing facility and enter revenue agreements--Location of
project.
9-54-2.2
Restriction on use of bonds for elderly housing projects.
9-54-3
"Revenue bonds" defined.
9-54-3.1
"Revenue agreement" defined.
9-54-4
Costs to be covered by bonds--Authorization, issuance and sale of bonds.
9-54-5
Amount of bond issue limited by costs.
9-54-6
Bonds not general obligations nor payable by taxation--Recitals in bonds.
9-54-7
Mortgage of project and pledge of revenues to payment of bonds--Trust funds--Other
covenants and agreements.
9-54-8
Lease or sale payments sufficient to pay bonds and costs--Payments in lieu of
property taxes.
9-54-8.1
Lease with option to purchase--Title acquired before bonds retired--Pledge for
payment of bonds.
9-54-9
Municipal obligations restricted by contractual payments from facilities.
9-54-10
County and sanitary district powers.
9-54-11
Municipal joint or cooperative agreements.
9-54-12
Compliance with federal requirements for tax exemption.
Title 9