Title 7, Title 7: Municipalities

Sec. 7-273ee. Security of bonds of municipality and of authority. Contracts and agreements. Payments. (a) Bonds issued under the authority of this chapter by a municipality, except those which are secured only by a pledge of revenues to be derived from the operation of a facility…

Sec. 7-273ff. Signatures of officers on date of execution binding. Any bonds or notes issued under the authority of this chapter, if properly executed and signed by officers of a municipality in office on the date of execution, shall be valid and binding according to their terms …

Sec. 7-273gg. Form. Maturity. Investment of proceeds. Bonds issued under the authority of this chapter shall be executed and delivered in such manner and at such times, may be in such form and denominations, bear such date or dates, be sold at such prices and mature at such time …

Sec. 7-273hh. Temporary notes. Any municipality which has authorized the acquisition or construction of all or of any part of a resource recovery facility and which has made an appropriation therefor may borrow temporarily upon the credit of the municipality such sum or sums as m…

Sec. 7-273ii. Revenue or guaranteed bonds not included in debt limitation. Bonds and notes issued pursuant to this chapter and (a) secured solely by a pledge of revenues to be derived from the operation of a resource facility or (b) guaranteed, in whole or in part, by state, fede…

Sec. 7-273jj. Agreement with bondholders. In connection with any bonds or notes issued under the authority of this chapter, the municipality may, by resolution of the body having power to make appropriations for such municipality, covenant and agree with the holders thereof as to…

Sec. 7-273kk. Use of funds. All revenues derived from the operation of a resource recovery facility, whether pledged for payment of bonds or notes or otherwise, shall be kept separate from other funds of the municipality and shall be used for the facility, including the payment o…

Sec. 7-273ll. Special fund. Any municipality which has issued bonds or notes in accordance with this chapter may by ordinance establish a special fund for payment of all or any part of such bonds or notes or interest thereon, may make and revise necessary rules and regulations no…

Sec. 7-273mm. Exemptions from taxes. Payments in lieu of taxes. (a) The exercise of the powers granted by this chapter shall constitute the performance of an essential governmental function and the authority shall not be required to pay any taxes or assessments upon or in respect…

Sec. 7-273nn. Anticipation notes. In addition to its other powers under this chapter any municipality operating a resource recovery facility may issue temporary notes to be paid from anticipated income from such facility and may renew such notes annually for not more than fifteen…

Sec. 7-273oo. Power to be additional. Any power granted by this chapter shall be in addition to, and not in derogation of, any power granted to any municipality under the provisions of any special act or of any general statute. (P.A. 81-213, S. 17, 18.)

Sec. 7-273pp. Investment in bonds. Negotiability. Liens. (a) Bonds issued by an authority under the provisions of this chapter are hereby made securities in which all public officers and public bodies of the state and its political subdivisions, all insurance companies, credit un…