reglab/housing_qa huggingface dataset:
NE Code § 58-511 (2021)
2021 Nebraska Revised Statutes|Chapter 58 - Money and Financing|58-511 - Penal bond; required.

58-511.  Penal bond; required.Any company entering into a project agreement for the undertaking of a redevelopment project pursuant to the Nebraska Redevelopment Act which contains the provision outlined in section 58-507 shall be required before commencing work to execute, in addition to all bonds that may be required, a penal bond with good and sufficient surety to be approved by the contracting public body conditioned that such contractor (1) shall at all times promptly make payments of all amounts lawfully due to all persons supplying or furnishing the contractor or its subcontractors with labor or materials performed or used in the prosecution of the work provided for in such contract and (2) will indemnify and save harmless the contracting public body to the extent of any payments in connection with the carrying out of such contracts which such contracting public body may be required to make under the law.Source  Laws 1995, LB 830, § 11.
NE Code § 58-512 (2021)
2021 Nebraska Revised Statutes|Chapter 58 - Money and Financing|58-512 - Powers supplemental; act, how construed.

58-512.  Powers supplemental; act, how construed.The powers conferred by the Nebraska Redevelopment Act shall be in addition and supplemental to the powers conferred by any other law and shall be independent of and in addition to any other provision of the laws of the state with reference to the matters covered thereby and shall be considered as a complete and independent act and not as amendatory of or limited by any other provisions of the laws of the state. The act and all grants of power, authority, rights, or discretion made to a city and to a contracting public body shall be liberally construed, and all incidental powers necessary to carry into effect the provisions of the act are expressly granted to and conferred upon a city or a contracting public body.Source  Laws 1995, LB 830, § 12.
NE Code § 58-514 (2021)
2021 Nebraska Revised Statutes|Chapter 58 - Money and Financing|58-514 - Bonds; issuance.

58-514.  Bonds; issuance.The contracting public body may issue bonds from time to time for any of its corporate purposes as specified in a project agreement or with respect to the acquisition, rehabilitation, or redevelopment of property in a designated blighted and substandard area or as otherwise permitted by the Nebraska Redevelopment Act. The contracting public body may also issue refunding bonds for the purpose of paying, retiring, or otherwise refinancing, or in exchange for any or all of the principal or interest upon bonds previously issued by it. The contracting public body may issue such types of bonds as it determines, including, without limiting the generality of the foregoing, bonds on which the principal and interest are payable:(1) Exclusively from the income, proceeds, and revenue of the redevelopment project financed with proceeds of such bonds;(2) Exclusively from the income, proceeds, and revenue of any of its redevelopment projects whether or not they are financed in whole or in part with the proceeds of such bonds;(3) Exclusively from its revenue and income, including such tax revenue or receipts as may be authorized, including those which may be pledged under section 58-510, and from such grants and loans as may be received; or(4) From all or part of the income, proceeds, and revenue enumerated in subdivisions (1), (2), and (3) of this section.Any such bonds may be additionally secured by a pledge of any loan, grant, or contributions, or parts thereof, from the federal government or other source, or a mortgage of any redevelopment project or projects of the contracting public body, and the contracting public body shall not pledge the credit or taxing power of the state or any political subdivision thereof, except tax receipts authorized under this section or pledged under section 58-510, or place any lien or encumbrance on any property owned by the state, county, or city used by the contracting public body.Source  Laws 1995, LB 830, § 14.
NE Code § 58-516 (2021)
2021 Nebraska Revised Statutes|Chapter 58 - Money and Financing|58-516 - Bonds; how issued.

58-516.  Bonds; how issued.Bonds of a contracting public body shall be authorized by resolution of its governing body and may be issued in one or more series and shall bear such date or dates, be payable upon demand or mature at such time or times, bear interest at such rate or rates, be in such denomination or denominations, be in such form either coupon or registered, carry such conversion or registration privileges, have such rank or priority, be executed in such manner, be payable in such medium of payment, at such place or places, and be subject to such terms of redemption, with or without premium, as such resolution, its trust indenture, or mortgage may provide.Source  Laws 1995, LB 830, § 16.
NE Code § 58-517 (2021)
2021 Nebraska Revised Statutes|Chapter 58 - Money and Financing|58-517 - Bonds; how sold.

58-517.  Bonds; how sold.The bonds may be sold by the contracting public body in such manner and for such price as the contracting public body determines, at a discount, at par, or at a premium, at private negotiated sale or at public sale after notice published prior to such sale in a legal newspaper having general circulation in the municipality, in such other medium of publication as the contracting public body deems appropriate, or may be exchanged by the contracting public body for other bonds issued by it under the Nebraska Redevelopment Act. Bonds which are issued under this section may be sold by the contracting public body to the federal government at private sale at a discount, at par, or at a premium and, if less than all of the authorized principal amount of such bonds is sold by the contracting public body to the federal government, the balance or any portion of the balance may be sold by the contracting public body at private sale at a discount, at par, or at a premium.Source  Laws 1995, LB 830, § 17.
NE Code § 58-518 (2021)
2021 Nebraska Revised Statutes|Chapter 58 - Money and Financing|58-518 - Bonds; signatures; negotiability.

58-518.  Bonds; signatures; negotiability.In case any of the members or officers of the contracting public body whose signatures appear on any bonds shall cease to be such members or officers before the delivery of such bonds, such signatures shall, nevertheless, be valid and sufficient for all purposes, as if such members or officers had remained in office until the delivery. Any bonds issued pursuant to the provisions of the Nebraska Redevelopment Act are fully negotiable.Source  Laws 1995, LB 830, § 18.
NE Code § 58-519 (2021)
2021 Nebraska Revised Statutes|Chapter 58 - Money and Financing|58-519 - Bonds; presumption of validity.

58-519.  Bonds; presumption of validity.In any suit, action, or proceedings involving the validity or enforceability of any bond of a contracting public body or the security therefor brought after the lapse of thirty days after the bonds are issued, any such bond reciting in substance that it has been issued by the contracting public body to aid in financing a redevelopment project shall be conclusively deemed to have been issued for such purpose and such project shall be conclusively deemed to have been planned, located, and carried out in accordance with the purposes and provisions of the Nebraska Redevelopment Act.Source  Laws 1995, LB 830, § 19.
NE Code § 58-521 (2021)
2021 Nebraska Revised Statutes|Chapter 58 - Money and Financing|58-521 - Default; contracting public body; powers.

58-521.  Default; contracting public body; powers.The contracting public body may by resolution, trust indenture, mortgage, lease, or other contract confer upon any obligee holding or representing a specified amount in bonds, the right to, in addition to all rights that may otherwise be conferred, upon the happening of an event of default as defined in such resolution or instruments, by suit, action, or proceeding in any court of competent jurisdiction:(1) Cause possession of any redevelopment project or any part of the project, title to which is in the contracting public body, to be surrendered to any such obligee;(2) Obtain the appointment of a receiver of any redevelopment project of the contracting public body or any part of the project, title to which is in the contracting public body, and of the rents and profits from the project. If a receiver is appointed, he or she may enter and take possession of, carry out, operate, and maintain such project or any part of the project and collect and receive all fees, rents, revenue, or other charges thereafter arising from the project, and shall keep such money in a separate account or accounts and apply the same in accordance with the obligations of the contracting public body as the court directs; and(3) Require the contracting public body and the members, officers, agents, and employees of the contracting public body to account as if it and they were the trustee of an express trust.Source  Laws 1995, LB 830, § 21.
NE Code § 58-522 (2021)
2021 Nebraska Revised Statutes|Chapter 58 - Money and Financing|58-522 - Obligee; rights.

58-522.  Obligee; rights.An obligee of a contracting public body shall have the right in addition to all other rights which may be conferred upon such obligee, subject only to any contractual restrictions binding upon such obligee:(1) By mandamus, suit, action, or proceeding at law or in equity to compel the contracting public body and the members, officers, agents, or employees to perform each and every term, provision, and covenant contained in any contract of the contracting public body with or for the benefit of such obligee and to require the carrying out of any or all such covenants and agreements to the contracting public body and the fulfillment of all duties imposed upon the contracting public body by the provisions of the Nebraska Redevelopment Act; and(2) By suit, action, or proceeding in equity to enjoin any acts or things which may be unlawful or the violation of any of the rights of such obligee of the contracting public body.Source  Laws 1995, LB 830, § 22.
NE Code § 58-523 (2021)
2021 Nebraska Revised Statutes|Chapter 58 - Money and Financing|58-523 - Bonds; authorized investment.

58-523.  Bonds; authorized investment.All public officers, municipal corporations, political subdivisions, and public bodies; all banks, trust companies, bankers, savings banks, financial institutions, building and loan associations, savings and loan associations, investment companies, and other persons carrying on a banking business; all insurance companies, insurance associations, and other persons carrying on an insurance business; and all executors, administrators, curators, trustees, and other fiduciaries may legally invest any sinking funds, money, or other funds belonging to them or within their control in any bonds or other obligations issued by a contracting public body pursuant to the Nebraska Redevelopment Act and such bonds and other obligations shall be authorized security for all public deposits. It is the purpose of this section to authorize any person, political subdivision, and officer, public or private, to use any funds owned or controlled by them for the purchase of any such bonds or other obligations. However, nothing contained in this section with regard to legal investments shall be construed as relieving any person of any duty of exercising reasonable care in the selection of securities.Source  Laws 1995, LB 830, § 23.
NE Code § 58-525 (2021)
2021 Nebraska Revised Statutes|Chapter 58 - Money and Financing|58-525 - Bonds or certificates; validation.

58-525.  Bonds or certificates; validation.(1) Bonds or certificates, when validated under section 58-524, shall have stamped or written on the bond or certificate, by the proper officers of such contracting public body issuing them, a statement in substantially the following form: "This bond is one of a series of bonds which were validated by judgment of the District Court for ............ County, rendered on .......... 20....".(2) A certified copy of the judgment or decree shall be received as evidence in any court in this state.Source   Laws 1995, LB 830, § 25;  Laws 2004, LB 813, § 27.
NE Code § 58-526 (2021)
2021 Nebraska Revised Statutes|Chapter 58 - Money and Financing|58-526 - Public body or taxing body; supplemental powers.

58-526.  Public body or taxing body; supplemental powers.In addition to any other provisions governing any public body or taxing body set forth in the Nebraska Redevelopment Act, for the purpose of aiding and cooperating in the planning, undertaking, or carrying out of a redevelopment project located within the area in which it is authorized to act, any public body or taxing body may, upon such terms, with or without consideration, as it may determine:(1) Dedicate, sell, convey, or lease any of its interest in any property, or grant easements, licenses, or any other rights or privileges therein to a contracting public body;(2) Cause parks, playgrounds, recreational, community, educational, water, sewer, or drainage facilities, or any other works which it is otherwise empowered to undertake, to be furnished in connection with a redevelopment project;(3) Furnish, dedicate, close, vacate, pave, install, grade, regrade, plan, or replan streets, roads, sidewalks, ways, or other places which it is otherwise empowered to undertake;(4) Plan, replan, zone, or rezone any part of the public body or taxing body or make exceptions from building regulations and ordinances if such functions are of the character which the public body or taxing body is otherwise empowered to perform;(5) Cause administrative and other services to be furnished to the contracting public body of the character which the public body or taxing body is otherwise empowered to undertake or furnish for the same or other purposes;(6) Incur the entire expense of any public improvements made by such public body or taxing body in exercising the powers granted in this section;(7) Do any and all things necessary or convenient to aid and cooperate in the planning or carrying out of a redevelopment project;(8) Lend, grant, or contribute funds to a contracting public body;(9) Employ any funds belonging to or within the control of such public body or taxing body, including funds derived from the sale or furnishing of property, service, or facilities to a contracting public body, in the purchase of the bonds or other obligations of a contracting public body and, as the holder of such bonds or other obligations, exercise the rights connected with the bonds or obligations; and(10) Enter into agreements, which may extend over any period, notwithstanding any provision or rule of law to the contrary, with a contracting public body respecting action to be taken by such public body or taxing body pursuant to any of the powers granted by the provisions of the act.Source  Laws 1995, LB 830, § 26.
NE Code § 58-527 (2021)
2021 Nebraska Revised Statutes|Chapter 58 - Money and Financing|58-527 - Sale, conveyance, lease, or agreement; how made.

58-527.  Sale, conveyance, lease, or agreement; how made.Any sale, conveyance, lease, or agreement provided for in section 58-526 may be made by a public body or taxing body without appraisal, public notice, advertisement, or public bidding.Source  Laws 1995, LB 830, § 27.
NE Code § 58-528 (2021)
2021 Nebraska Revised Statutes|Chapter 58 - Money and Financing|58-528 - Contracting public body; estimate of expenses; appropriations; bonds authorized.

58-528.  Contracting public body; estimate of expenses; appropriations; bonds authorized.A contracting public body may, at such time as it may deem necessary, file with the governing body or governing bodies to which it relates an estimate of the amounts necessary to be appropriated by the governing body or governing bodies to defray the expense of the contracting public body arising under the Nebraska Redevelopment Act. Such governing body may appropriate from its general fund and place at the disposal of the contracting public body an amount sufficient to assist in defraying such expense. Any city or county located within the area of operation of the contracting public body or the designated blighted and substandard area may grant funds to a contracting public body for the purpose of aiding such contracting public body in carrying out any of its powers and functions under the act. To obtain funds for this purpose, such city or county may levy taxes and may issue and sell its bonds. Any bonds to be issued by such city or county pursuant to this section shall be issued in the manner and within the limitations, except as otherwise provided by the act, prescribed by the laws of this state for the issuance and authorization of bonds by a city or county for any public purpose.Source  Laws 1995, LB 830, § 28.
NE Code § 58-529 (2021)
2021 Nebraska Revised Statutes|Chapter 58 - Money and Financing|58-529 - School districts; additional expenses; appropriations.

58-529.  School districts; additional expenses; appropriations.Any school district impacted by a project approved under the Nebraska Redevelopment Act, the Invest Nebraska Act, or the Quality Jobs Act may file with the governing body an estimate of the amount of additional expenses of the school district as a result of the project which is in excess of amounts compensated by additional valuation or state aid. The governing body may appropriate funds to the school district to compensate for all or part of the impact.Source   Laws 1995, LB 830, § 29;  Laws 2001, LB 620, § 46.  Cross References   Invest Nebraska Act, see section 77-5501.  Quality Jobs Act, see section 77-4901.
NE Code § 58-530 (2021)
2021 Nebraska Revised Statutes|Chapter 58 - Money and Financing|58-530 - Presumption of compliance.

58-530.  Presumption of compliance.Any instrument executed by a contracting public body and purporting to convey any right, title, or interest in any property under the Nebraska Redevelopment Act shall be conclusive evidence of compliance with the provisions of the act insofar as title or other interest of any bona fide purchasers, lessees, or other transferees of such property is concerned.Source  Laws 1995, LB 830, § 30.
NE Code § 58-531 (2021)
2021 Nebraska Revised Statutes|Chapter 58 - Money and Financing|58-531 - Act; how construed.

58-531.  Act; how construed.The Nebraska Redevelopment Act shall be full authority for the creation of or to act as a contracting public body by a city or cities and for the exercise of the powers of the act granted to a city or cities and to such contracting public bodies, and no action, proceeding, or election shall be required prior to the creation of or action by a contracting public body or to authorize the exercise of any of the powers granted in the act, except as specifically provided in the act, any provision of law or of any city charter or village law to the contrary notwithstanding.No proceedings for the issuance of bonds of a contracting public body are required other than those required by the provisions of the act, and the provisions of all other laws and city charters, if any, relative to the terms and conditions for the issuance, payment, redemption, registration, sale, or delivery of bonds of public bodies, corporations, or political subdivisions of this state shall not be applicable to bonds issued by a contracting public body pursuant to the act.Insofar as the provisions of the act are inconsistent with the provisions of any other law or of any city charter, if any, the provisions of the act shall be controlling.Source  Laws 1995, LB 830, § 31.
NE Code § 58-532 (2021)
2021 Nebraska Revised Statutes|Chapter 58 - Money and Financing|58-532 - Act; when operative.

58-532.  Act; when operative.The Nebraska Redevelopment Act becomes operative on February 1, 1995, and shall apply to all area applications and project applications filed on or after such date.Source  Laws 1995, LB 830, § 32.
NE Code § 58-533 (2021)
2021 Nebraska Revised Statutes|Chapter 58 - Money and Financing|58-533 - Filing of applications; limitation.

58-533.  Filing of applications; limitation.There shall be no area applications or project applications filed on or after February 1, 2000, without further authorization of the Legislature, except that all area applications, all project applications, and all project agreements pending, approved, or entered into before such date shall continue in full force and effect.Source   Laws 1995, LB 830, § 33;   Laws 1997, LB 344, § 2.
NE Code § 58-610 (2021)
2021 Nebraska Revised Statutes|Chapter 58 - Money and Financing|58-610 - Act, how cited.

58-610.  Act, how cited.Sections 58-610 to 58-619 shall be known and be cited as the Nebraska Uniform Prudent Management of Institutional Funds Act.Source Laws 2007, LB136, § 1.
NE Code § 58-611 (2021)
2021 Nebraska Revised Statutes|Chapter 58 - Money and Financing|58-611 - Definitions.

58-611.  Definitions.For purposes of the Nebraska Uniform Prudent Management of Institutional Funds Act:(1) Charitable purpose means the relief of poverty, the advancement of education or religion, the promotion of health, the promotion of a governmental purpose, or any other purpose the achievement of which is beneficial to the community.(2) Endowment fund means an institutional fund or part thereof that, under the terms of a gift instrument, is not wholly expendable by the institution on a current basis. The term does not include assets that an institution designates as an endowment fund for its own use.(3) Gift instrument means a record or records, including an institutional solicitation, under which property is granted to, transferred to, or held by an institution as an institutional fund.(4) Institution means:(A) a person, other than an individual, organized and operated exclusively for charitable purposes;(B) a government or governmental subdivision, agency, or instrumentality, to the extent that it holds funds exclusively for a charitable purpose; and(C) a trust that had both charitable and noncharitable interests, after all noncharitable interests have terminated.(5) Institutional fund means a fund held by an institution exclusively for charitable purposes. The term does not include:(A) program-related assets;(B) a fund held for an institution by a trustee that is not an institution; or(C) a fund in which a beneficiary that is not an institution has an interest, other than an interest that could arise upon violation or failure of the purposes of the fund.(6) Person means an individual, corporation, business trust, estate, trust, partnership, limited liability company, association, joint venture, public corporation, government or governmental subdivision, agency, or instrumentality, or any other legal or commercial entity.(7) Program-related asset means an asset held by an institution primarily to accomplish a charitable purpose of the institution and not primarily for investment.(8) Record means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form.Source Laws 2007, LB136, § 2.