reglab/housing_qa huggingface dataset:
ID Code § 70-1711 (2021)
2021 Idaho Code|Title 70 - WATERCOURSES AND PORT DISTRICTS|Chapter 17 - PORT DISTRICTS — BUDGET AND FISCAL MATTERS|Section 70-1711 - PORT FUNDS — INVESTMENTS.

70-1711. PORT FUNDS — INVESTMENTS. The port commission shall have the authority to direct the port treasurer to invest the moneys in any sinking funds or any capital acquisition or improvement funds of the district, as well as any other funds which the commission shall determine to be in excess of its current cash requirements, for the operation and maintanance [maintenance] of the district, in negotiable, general obligation bonds or other evidence of indebtedness of the United States or of this state or any municipal corporation or political subdivision thereof, or in time certificates of deposit from any banking institution of this state, chartered under the laws of the United States of America or of this state, or as provided in section 70-1802[, Idaho Code]. Such investments shall be in lieu of depositing said moneys in the designated depositories as provided by the public depository law. The port treasurer shall likewise reduce such bonds, evidence of indebtedness or certificates of deposit to cash, or substitute other of such securities therefor, as when said port commission may direct.  History: [70-1711, added 1969, ch. 55, sec. 89, p. 144.]
ID Code § 70-1712 (2021)
2021 Idaho Code|Title 70 - WATERCOURSES AND PORT DISTRICTS|Chapter 17 - PORT DISTRICTS — BUDGET AND FISCAL MATTERS|Section 70-1712 - SINKING, CAPITAL ACQUISITION, AND IMPROVEMENT FUNDS.

70-1712. SINKING, CAPITAL ACQUISITION, AND IMPROVEMENT FUNDS. Each board of port commissioners may provide such sinking fund or sinking funds as may be necessary to give effect to the provisions of this act, and may further provide capital acquisition funds and improvement funds for future capital acquisitions and improvements.  History: [70-1712, added 1969, ch. 55, sec. 90, p. 144.]
ID Code § 70-1713 (2021)
2021 Idaho Code|Title 70 - WATERCOURSES AND PORT DISTRICTS|Chapter 17 - PORT DISTRICTS — BUDGET AND FISCAL MATTERS|Section 70-1713 - INCIDENTAL EXPENSE FUND.

70-1713. INCIDENTAL EXPENSE FUND. Each board of port commissioners may create an incidental expense fund in such amount as the port commission may direct. Such incidental expense fund may be kept and maintained in a bank or banks designated by the commission, and each such depository shall be required to give bonds or securities to the port district for the protection of such incidental expense fund, in the amount of the fund authorized by the commission, if not otherwise secured by Federal Deposit Insurance Corporation insurance coverage. Vouchers may be drawn to reimburse said incidental expense fund and such vouchers shall be approved by the port commission. Incidental expenses of the port district may be paid from said incidental expense fund, without prior approval of the port commission, and all such disbursements therefrom shall be made by check signed by the port manager or other such person as the port commission shall direct. All expenditures from said incidental expense fund shall be itemized in writing to the port commission, at least once per month at a meeting of the commission. The person disbursing said funds shall be required to give bond to the port district in the full authorized amount of said incidental expense fund for the faithful performance of his duties in connection with the disbursement of moneys therefrom.  History: [70-1713, added 1969, ch. 55, sec. 91, p. 144.]
ID Code § 70-1714 (2021)
2021 Idaho Code|Title 70 - WATERCOURSES AND PORT DISTRICTS|Chapter 17 - PORT DISTRICTS — BUDGET AND FISCAL MATTERS|Section 70-1714 - PORT FUNDS — DISBURSEMENTS.

70-1714. PORT FUNDS — DISBURSEMENTS. Except for the incidental expense fund provided for in this act, funds of the district shall be disbursed only upon order of or voucher approved by the port commission. Such approval may be by approval of a settlement sheet, listing any number of such vouchers and showing the date thereof, the person making claim for disbursement, the purpose of the disbursement in general terms and the amount of the disbursement. Such disbursement shall be by check or draft signed by any two (2) of the following named entities, to-wit: the port district manager or any duly elected, qualified and acting member of the port commission. The signature of one (1) of the port commissioners signing any such check or draft may be by facsimile.  History: [70-1714, added 1969, ch. 55, sec. 92, p. 144; am. 1971, ch. 58, sec. 1, p. 133.]
ID Code § 70-1715 (2021)
2021 Idaho Code|Title 70 - WATERCOURSES AND PORT DISTRICTS|Chapter 17 - PORT DISTRICTS — BUDGET AND FISCAL MATTERS|Section 70-1715 - PORT AUDITOR.

70-1715. PORT AUDITOR. The port commission shall appoint a port auditor who shall be a certified public accountant of the state of Idaho. The originals of all port vouchers, all canceled checks and drafts, all bank statements and other documents which in the opinion of the port auditor reasonably relate to the financial and fiscal affairs of the district shall be delivered to and held by the port auditor who shall prepare and maintain the books of account of the port district. All such vouchers, checks, drafts, instruments, books of account and records shall be public records and, upon the termination of the appointment of any port auditor, shall be forthwith delivered by such auditor to the port commission. The port auditor shall prepare such financial statements as the port commission shall direct, and not less than once each quarter shall furnish to the port commission a written statement of the receipts and disbursements of the port district for the preceding quarter year, and of all port district funds and accounts, which quarterly statements shall be certified by the port auditor. In addition thereto, the port auditor shall prepare an annual audited financial statement. The port district shall file one (1) copy of each completed audited financial statement with the legislative services office, as provided in section 67-450B, Idaho Code, within nine (9) months after the end of its fiscal year. Within thirty (30) days of the acceptance by the port commission of the annual audited financial statement, the port district shall publish a notice that the audited financial statement is available for review by the public. Such publication shall include a statement that the original of such audited financial statement is on file and may be examined at the office of the port district.  History: [70-1715, added 1969, ch. 55, sec. 93, p. 144; am. 2015, ch. 57, sec. 1, p. 150.]
ID Code § 70-1716 (2021)
2021 Idaho Code|Title 70 - WATERCOURSES AND PORT DISTRICTS|Chapter 17 - PORT DISTRICTS — BUDGET AND FISCAL MATTERS|Section 70-1716 - GENERAL OBLIGATION BONDS — ELECTIONS.

70-1716. GENERAL OBLIGATION BONDS — ELECTIONS. Each port district may, with the assent of two-thirds (2/3) of the qualified voters of the district voting thereon at a port election called for that purpose, and held subject to the provisions of section 34-106, Idaho Code, contract indebtedness or borrow money for district purposes and may issue general obligation bonds therefor, provided that total indebtedness of the district at any such time, excluding that indebtedness evidenced by revenue bonds, shall not exceed one percent (1%) of the market value for assessment purposes of the taxable property in the district to be ascertained by the last assessment for state and county purposes previous to incurring the indebtedness. The district may issue general district bonds evidencing any such indebtedness, payable at any time not exceeding thirty (30) years from the date of the bonds.  History: [70-1716, added 1969, ch. 55, sec. 94, p. 144; am. 1971, ch. 25, sec. 8, p. 61; am. 1980, ch. 350, sec. 27, p. 910; am. 1995, ch. 118, sec. 111, p. 512.]
ID Code § 70-1717 (2021)
2021 Idaho Code|Title 70 - WATERCOURSES AND PORT DISTRICTS|Chapter 17 - PORT DISTRICTS — BUDGET AND FISCAL MATTERS|Section 70-1717 - GENERAL OBLIGATION BONDS — PROPOSITION TO VOTERS.

70-1717. GENERAL OBLIGATION BONDS — PROPOSITION TO VOTERS. The proposition submitted to the voters for the authorization of general obligation bonds shall state generally the purposes for which said bonds are to be issued, the maximum effective interest rate to be borne by such bonds, and the maximum number of years within which such bonds shall mature.  History: [70-1717, added 1969, ch. 55, sec. 95, p. 144; am. 1970, ch. 176, sec. 4, p. 508.]
ID Code § 70-1718 (2021)
2021 Idaho Code|Title 70 - WATERCOURSES AND PORT DISTRICTS|Chapter 17 - PORT DISTRICTS — BUDGET AND FISCAL MATTERS|Section 70-1718 - GENERAL OBLIGATION BONDS — FORM AND TERMS.

70-1718. GENERAL OBLIGATION BONDS — FORM AND TERMS. Such general obligation bonds shall be in such form, bear such date or dates, mature at such time or times, be in such denominations, bear interest at such rate or rates, be payable at such time or times, be payable at such place or places, be in such form, either coupon or registered or both, carry such registration privileges and be subject to such terms of redemption as the port commission shall by resolution determine. Such bonds shall be executed in the name of the port district by the manual or facsimile signature of the president of the port commission and shall have the seal of the port district impressed, imprinted or reproduced thereon, and attested by the manual or facsimile signature of the secretary of the port commission. One (1) of such signatures must be manual. The coupons appertaining to such bonds shall bear the facsimile signatures of such officials.  History: [70-1718, added 1969, ch. 55, sec. 96, p. 144; am. 1970, ch. 176, sec. 5, p. 508.]
ID Code § 70-1719 (2021)
2021 Idaho Code|Title 70 - WATERCOURSES AND PORT DISTRICTS|Chapter 17 - PORT DISTRICTS — BUDGET AND FISCAL MATTERS|Section 70-1719 - GENERAL OBLIGATION BONDS — SALE.

70-1719. GENERAL OBLIGATION BONDS — SALE. Such general obligation bonds shall be sold in such manner as the port commission shall by resolution direct, either at public or private sale and at a price of not less than par plus accrued interest to date of delivery and payment. The maximum effective interest rate may not exceed the maximum interest rate specified in the proposition authorizing the bonds.  History: [70-1719, added 1969, ch. 55, sec. 97, p. 144.]
ID Code § 70-1720 (2021)
2021 Idaho Code|Title 70 - WATERCOURSES AND PORT DISTRICTS|Chapter 17 - PORT DISTRICTS — BUDGET AND FISCAL MATTERS|Section 70-1720 - GENERAL OBLIGATION BONDS — REFUNDING.

70-1720. GENERAL OBLIGATION BONDS — REFUNDING. The port commission of any port district may by resolution, without submitting the proposition to the voters, provide for the issuance of general obligation refunding bonds, to refund any outstanding general obligation bonds of the district at or prior to maturity or the first optional redemption date. Such refunding bonds may be issued to refund parts or all of various issues or series of outstanding bonds. The principal amount of the refunding bonds may not exceed the principal amount of the bonds to be refunded. The provisions of this act relating to the form, terms, conditions, covenants, issuance and sale of general obligation bonds shall be applicable to such general obligation refunding bonds.  History: [70-1720, added 1969, ch. 55, sec. 98, p. 144.]
ID Code § 70-1721 (2021)
2021 Idaho Code|Title 70 - WATERCOURSES AND PORT DISTRICTS|Chapter 17 - PORT DISTRICTS — BUDGET AND FISCAL MATTERS|Section 70-1721 - GENERAL OBLIGATION BONDS AND REFUNDING BONDS — TAXES FOR PAYMENT.

70-1721. GENERAL OBLIGATION BONDS AND REFUNDING BONDS — TAXES FOR PAYMENT. The port commission shall cause to be levied annually at the time and in the manner general port district taxes are levied upon all the taxable property within the district, in addition to all other taxes, a tax sufficient with other available funds to enable the district to pay the principal of and interest on such bonds as the same become due. Such taxes shall be levied, assessed, certified, extended and collected by the proper officers and at the times and in the manner other port district taxes are levied, assessed, certified, extended and collected until the principal of and interest on all such bonds shall have been fully paid. All of such taxes so collected shall be credited to a separate port district fund and shall be used solely to pay the principal of and interest on such bonds.  History: [70-1721, added 1969, ch. 55, sec. 99, p. 144.]
ID Code § 70-1801 (2021)
2021 Idaho Code|Title 70 - WATERCOURSES AND PORT DISTRICTS|Chapter 18 - PORT DISTRICTS — REVENUE BONDS AND WARRANTS|Section 70-1801 - REVENUE BONDS AUTHORIZED.

70-1801. REVENUE BONDS AUTHORIZED. The port commission of any port district is authorized, for the purpose of carrying out the lawful powers granted port districts by the laws of the state, to contract indebtedness and to issue revenue bonds evidencing such indebtedness in conformity with this act.  History: [70-1801, added 1969, ch. 55, sec. 100, p. 144.]
ID Code § 70-1802 (2021)
2021 Idaho Code|Title 70 - WATERCOURSES AND PORT DISTRICTS|Chapter 18 - PORT DISTRICTS — REVENUE BONDS AND WARRANTS|Section 70-1802 - REVENUE BONDS — PURPOSES.

70-1802. REVENUE BONDS — PURPOSES. All such revenue bonds authorized under the terms of this act may be issued and sold by the port district from time to time and in such amounts as is deemed necessary by the port commission to provide sufficient funds for the carrying out of all port district powers and, without limiting the generality thereof, shall include the following: acquisition, construction, reconstruction, maintenance, repair and operation of industrial and economic development facilities and port properties and facilities, including the cost thereof, engineering, inspection, accounting, fiscal and legal expenses, the cost of issuance of bonds, including printing, engraving and advertising and other similar expenses, the establishment of bond reserves, and the payment of interest on bonds issued for any project during the period of actual construction and for not exceeding twelve (12) months after the completion thereof.  History: [70-1802, added 1969, ch. 55, sec. 101, p. 144; am. 2001, ch. 189, sec. 3, p. 653.]
ID Code § 70-1803 (2021)
2021 Idaho Code|Title 70 - WATERCOURSES AND PORT DISTRICTS|Chapter 18 - PORT DISTRICTS — REVENUE BONDS AND WARRANTS|Section 70-1803 - REVENUE BONDS — TERMS — INTEREST RATE.

70-1803. REVENUE BONDS — TERMS — INTEREST RATE. Such revenue bonds shall bear such date or dates, mature at such time or times, be in such denominations, bear interest at a rate or rates, payable at such time or times, be payable at such place or places, be in such form either coupon or registered or both, carry such registration privileges and be subject to such terms of redemption as the port commission shall by resolution determine.  History: [70-1803, added 1969, ch. 55, sec. 102, p. 144; am. 1970, ch. 133, sec. 22, p. 309.]
ID Code § 70-1804 (2021)
2021 Idaho Code|Title 70 - WATERCOURSES AND PORT DISTRICTS|Chapter 18 - PORT DISTRICTS — REVENUE BONDS AND WARRANTS|Section 70-1804 - REVENUE BONDS — SOURCES OF PAYMENT — SINKING FUNDS — NEGOTIABLE INSTRUMENTS.

70-1804. REVENUE BONDS — SOURCES OF PAYMENT — SINKING FUNDS — NEGOTIABLE INSTRUMENTS. Bonds issued under the provisions of this act shall be payable solely out of revenues of the port district other than those revenues derived from ad valorem taxes. Such bonds shall be authorized by resolution of the port commission, which resolution shall create a special fund or funds into which the port commission shall obligate and bind the port district to set aside and pay any part or parts of, or all of, or a fixed proportion of, or a fixed amount of the gross revenue of the port district sufficient to pay the principal of and interest on such bonds as the same shall become due and, if deemed necessary, to maintain adequate reserves therefor. Such fund or funds shall be drawn upon for the sole purpose of paying the principal of and interest on bonds issued pursuant to this act. The bonds shall be negotiable instruments within the provisions and intent of the laws of this state even though they shall be payable solely from such special fund or funds, and the ad valorem tax revenue of the port district may not be used to pay, secure or guarantee the payment of the principal of an interest on such bonds. The bonds and any coupons attached thereto shall state upon their face that they are payable solely from such special fund or funds. If the port commission fails to set aside and pay into such fund or funds the payment provided for in such resolution, the holder of any such bonds may bring suit to compel compliance with the provisions of the resolution.  History: [70-1804, added 1969, ch. 55, sec. 103, p. 144.]
ID Code § 70-1805 (2021)
2021 Idaho Code|Title 70 - WATERCOURSES AND PORT DISTRICTS|Chapter 18 - PORT DISTRICTS — REVENUE BONDS AND WARRANTS|Section 70-1805 - REVENUE BONDS — COVENANTS AND CONDITIONS — TRUSTEES.

70-1805. REVENUE BONDS — COVENANTS AND CONDITIONS — TRUSTEES. The port commission may provide such covenants as it may deem necessary to secure and guarantee the payment of the principal of and interest on such bonds, including, but not limited to, covenants to create reserve accounts and to authorize the deposit of certain moneys therein for the purpose of securing and guaranteeing the payment of such principal and interest, to establish, maintain and collect tariffs, rates, charges, fees, rentals and sales prices sufficient to pay and guarantee the payment of such principal and interest and to maintain an adequate coverage over annual debt service, to appoint a state or national bank or trust company as trustee for the bondholders to hold, invest and disburse moneys set aside and pledged to pay and guarantee the payment of such bonds and/or as trustee for the safeguarding and disbursing of the proceeds of the sale of such bonds, to fix such powers and duties of such trustee or trustees as may be found necessary to carry out the purposes of this act, and to make any and all other covenants not inconsistent with the provisions of this act which in the judgment of the port commission will increase the marketability of such bonds. The port commission may also provide that revenue bonds payable out of the same source or sources may be later issued on a parity with any revenue bonds being issued and sold. The provisions of this act and any resolution or resolutions providing for the authorization, issuance and sale of such bonds, shall constitute a contract with the holders of such bonds and the provisions thereof shall be enforceable by any owner or holder of such bonds by mandamus or any appropriate suit, action or proceeding at law and equity in any court of competent jurisdiction.  History: [70-1805, added 1969, ch. 55, sec. 104, p. 144.]
ID Code § 70-1806 (2021)
2021 Idaho Code|Title 70 - WATERCOURSES AND PORT DISTRICTS|Chapter 18 - PORT DISTRICTS — REVENUE BONDS AND WARRANTS|Section 70-1806 - REVENUE BONDS — SIGNING AND SEALING — INTEREST COUPONS — SALE.

70-1806. REVENUE BONDS — SIGNING AND SEALING — INTEREST COUPONS — SALE. Such bonds shall be signed on behalf of the port district by the president of the port commission and shall be attested by the secretary of the port commission, one (1) of which signatures may be a facsimile signature, and shall have the seal or facsimile seal of the port district impressed thereon. All interest coupons attached thereto shall be signed with the facsimile signatures of said officials. Such bonds shall be sold in the manner and at such price as the port district shall deem advisable, either at public or private sale.  History: [70-1806, added 1969, ch. 55, sec. 105, p. 144.]
ID Code § 70-1807 (2021)
2021 Idaho Code|Title 70 - WATERCOURSES AND PORT DISTRICTS|Chapter 18 - PORT DISTRICTS — REVENUE BONDS AND WARRANTS|Section 70-1807 - REVENUE WARRANTS — TERMS AND COVENANTS.

70-1807. REVENUE WARRANTS — TERMS AND COVENANTS. Port districts may also issue revenue warrants for the same purposes for which they may issue revenue bonds and the provisions of this act relating to the terms, conditions, covenants, issuance and sale of revenue bonds shall be applicable to such revenue warrants.  History: [70-1807, added 1969, ch. 55, sec. 106, p. 144.]
ID Code § 70-1808 (2021)
2021 Idaho Code|Title 70 - WATERCOURSES AND PORT DISTRICTS|Chapter 18 - PORT DISTRICTS — REVENUE BONDS AND WARRANTS|Section 70-1808 - FUNDING OR REFUNDING BONDS.

70-1808. FUNDING OR REFUNDING BONDS. The port commission of any port district may by resolution, from time to time provide for the issuance of funding or refunding revenue bonds to fund or refund any outstanding revenue or other warrants, bonds, and any premiums thereon, and coupons evidencing interest upon any such bonds at or before the maturity or first optional redemption date of such coupons, warrants or bonds, and may combine various outstanding revenue warrants and parts or all of various series and issues of outstanding revenue bonds and matured coupons in the amount thereof to be funded or refunded. The port commission shall create a special fund for the sole purpose of paying the principal of and interest on such funding or refunding revenue bonds, into which fund the commission shall obligate and bind the port district to set aside and pay any part or parts of, or all of, or a fixed proportion of, or a fixed amount of the gross revenue of the port district sufficient to pay such principal and interest as the same shall become due, and if deemed necessary to maintain adequate reserves therefor. Such funding or refunding bonds shall be negotiable instruments within the provisions and intent of the laws of this state, and the tax revenue of the port district may not be used to pay, secure, or guarantee the payment of the principal of and interest on such bonds. The port district may exchange such funding or refunding bonds for the warrants, bonds, and coupons being funded or refunded, or it may sell such funding or refunding bonds in the manner and at such price as the port commission shall deem to be for the best interest of the district and its inhabitants, either at public or private sale. The provisions of this act relating to the terms, conditions, covenants, issuance, and sale of revenue bonds shall be applicable to such funding or refunding bonds except as may be otherwise specifically provided in this section.  History: [70-1808, added 1969, ch. 55, sec. 107, p. 144; am. 2001, ch. 164, sec. 1, p. 574.]
ID Code § 70-1809 (2021)
2021 Idaho Code|Title 70 - WATERCOURSES AND PORT DISTRICTS|Chapter 18 - PORT DISTRICTS — REVENUE BONDS AND WARRANTS|Section 70-1809 - CONSTRUCTION OF REVENUE BOND AND WARRANT PROVISIONS.

70-1809. CONSTRUCTION OF REVENUE BOND AND WARRANT PROVISIONS. This act shall be complete authority for the issuance of the revenue bonds and warrants hereby authorized, and shall be liberally construed to accomplish its purposes. Any restrictions, limitations or regulations relative to the issuance of such bonds or warrants contained in any other act shall not apply to the revenue bonds or warrants issued under this act. Any laws inconsistent herewith shall be deemed modified to conform with the provisions of this act for the purpose of this act only.  History: [70-1809, added 1969, ch. 55, sec. 108, p. 144.]
ID Code § 70-1901 (2021)
2021 Idaho Code|Title 70 - WATERCOURSES AND PORT DISTRICTS|Chapter 19 - INDUSTRIAL DEVELOPMENT DISTRICTS IN PORT DISTRICTS|Section 70-1901 - INDUSTRIAL DEVELOPMENT DISTRICTS AUTHORIZED — NOTICE — HEARING.

70-1901. INDUSTRIAL DEVELOPMENT DISTRICTS AUTHORIZED — NOTICE — HEARING. A port commission may, after a public hearing thereon, notice of which shall be published in a daily newspaper of general circulation in the port district at least once a week for two (2) successive weeks, create industrial development districts within the port district and define the boundaries thereof, if it finds that the creation of such industrial development district is proper and desirable in furthering industrial development in such port district, and/or for urban renewal therein.  History: [70-1901, added 1969, ch. 55, sec. 109, p. 144.]