reglab/housing_qa huggingface dataset:
LA Rev Stat § 33:4137 (2021)
2021 Louisiana Laws|Revised Statutes|Title 33 - Municipalities and Parishes|§4137. New Orleans; drainage system; special tax, investments; disbursements

RS 4137 - New Orleans; drainage system; special tax, investments; disbursements  The council of the city of New Orleans, or its successor, as the governing body of said city of New Orleans is authorized pursuant to an election held on April 16, 1977, to levy and collect for the year 1978, and annually thereafter for a term of fifty years, a special ad valorem tax of six mills on the dollar, upon all taxable property, real, personal and mixed, in the city of New Orleans. The proceeds of said six mills tax shall be paid over to the Board of Liquidation, City Debt, day by day as the same is collected by the proper officials of the city of New Orleans and such proceeds shall be used solely and exclusively for the operation and maintenance of the drainage system of the city of New Orleans; and for the construction and extension of said drainage system, excluding subsurface drainage systems and their appurtenances; and shall be deposited with the fiscal agent banks of the Board of Liquidation, City Debt, to the credit of a special fund called "Drainage System Fund". The Board of Liquidation, City Debt, may, in its discretion, invest any of the proceeds of said special tax in such investments as it is authorized by law to make whenever an officer designated by the Sewerage and Water Board of New Orleans, requests the investment of such funds by the Board of Liquidation, City Debt. All disbursements made by the Sewerage and Water Board out of the proceeds of said fund shall be made in the form of warrants or drafts on the Board of Liquidation, City Debt, setting forth the amounts thereof, the persons to whom payable, and the purpose for which the payment is made; and the Board of Liquidation, City Debt, is charged with the duty of taking care that no irregular or improper or unlawful payments are made out of said special fund. The Board of Liquidation, City Debt, as now organized and created and with the powers, duties and functions prescribed by existing laws and by this amendment shall be continued as long as said special tax is levied and collected under this amendment. Added by Acts 1978, No. 419, §1, eff. July 1, 1978.
LA Rev Stat § 33:4138 (2021)
2021 Louisiana Laws|Revised Statutes|Title 33 - Municipalities and Parishes|§4138. New Orleans; drainage bonds

RS 4138 - New Orleans; drainage bonds A. The Sewerage and Water Board of New Orleans, by resolution adopted by affirmative vote of a majority of its members and subject to the approvals hereinafter set forth, shall have the power and is hereby authorized to issue from time to time, in the name of the city of New Orleans, bonds payable solely out of the tax levies and other revenues specified in R.S. 33:4139 for drainage purposes for the city of New Orleans, or to refund bonds issued under the authority of this Section. Such bonds may be additionally secured by municipal bond insurance, bank guarantees, surety bonds, letters of credit, and other devices to enhance the credit quality of the bonds, the cost of which credit enhancement devices may be paid from the proceeds of the bonds or such other funds as may be available. B. Bonds issued hereunder to refund bonds shall be issued in accordance with the provisions of Chapter 14-A of Title 39 of the Louisiana Revised Statutes, and for the purposes thereof, the Sewerage and Water Board of New Orleans shall be deemed to be the governing authority of the issuer whenever such term is used in said Chapter; provided, however, the Board of Liquidation, City Debt, shall fix the details of the bonds and sell the bonds as provided in R.S. 33:4141 and 4142, respectively. C. The resolution of the Sewerage and Water Board of New Orleans authorizing the issuance of such bonds shall not be effective until approved by a resolution adopted by affirmative vote of a majority of the members of the council of the city of New Orleans and by a resolution adopted by affirmative vote of a majority of the members of the Board of Liquidation, City Debt. D. All bonds issued pursuant to this Section shall be excluded in applying any limitation upon the power of the city of New Orleans to issue bonds for any purpose. Added by Acts 1978, No. 419, §1, eff. July 1, 1978. Acts 1985, No. 731, §1, eff. July 16, 1985; Acts 2003, No. 1130, §1, eff. July 2, 2003.
LA Rev Stat § 33:4139 (2021)
2021 Louisiana Laws|Revised Statutes|Title 33 - Municipalities and Parishes|§4139. New Orleans, tax levy to pay bonds; disposal of residue; proceeds from assessments

RS 4139 - New Orleans, tax levy to pay bonds; disposal of residue; proceeds from assessments  The Board of Liquidation, City Debt, shall annually retain from the revenues derived from the tax levy of six mills for the drainage system of the city of New Orleans provided for herein, an amount which, together with other moneys received by the Board of Liquidation, City Debt, from the Sewerage and Water Board, as hereinafter provided, shall be, and which tax shall not be reduced below the amount, sufficient to provide for the payment, at or prior to maturity, of the principal of and the interest on the bonds issued under the authority of Section 4138 of this Part, and such revenues shall be applied by the Board of Liquidation, City Debt, to such purposes. After providing for the payment of the principal and interest of such bonds and after making such further reservation of revenues derived from the aforesaid tax as may be required by the terms of any contract with the holders of said bonds or as the Board of Liquidation, City Debt, in its discretion, may deem necessary to insure the prompt and regular payment of the principal of and interest on said bonds, the residue of said revenues shall be used by the Sewerage and Water Board of New Orleans for the purposes now set forth in Section 4137 of this Part. In the event the proceeds of bonds issued under Section 4138 of this Part shall have been used by the Sewerage and Water Board to pay for the portion of the cost of drainage work which is to be assessed against lands benefited by such drainage work, the Sewerage and Water Board shall pay over to the Board of Liquidation, City Debt, when and as received, the funds derived from the sale of drainage certificates secured by said assessments, and the total amount of assessments levied upon the property benefited by such drainage works, and the proceeds of the sale of drainage liens upon such property which are not dedicated to the payment of drainage certificates, until a sufficient amount shall have been paid over to the Board of Liquidation, City Debt, to provide for the retirement and redemption of principal of and interest on an amount of the bonds issued under Section 4138 of this Part, equal to the face amount of the said bonds the proceeds of which were used to pay the property owners' portion of the cost of the drainage works. Added by Acts 1978, No. 419, §1, eff. July 1, 1978.
LA Rev Stat § 33:4140 (2021)
2021 Louisiana Laws|Revised Statutes|Title 33 - Municipalities and Parishes|§4140. New Orleans; tax exemption of bonds, investments; use as security; registration

RS 4140 - New Orleans; tax exemption of bonds, investments; use as security; registration  Bonds issued under the authority of Section 4138 of this Part shall be exempt from all taxation for state, parish, municipal or other local purposes. Savings banks, tutors of minors, curators of interdicts, trustees and other fiduciaries may invest the funds in their hands in said bonds. Said bonds may be used for deposit with any officer, board, municipality or other political subdivision of the state of Louisiana, in any case where, by present or future laws, deposit or security is required. Said bonds may be registered and released from registry under such rules as the Board of Liquidation, City Debt, may prescribe. Added by Acts 1978, No. 419, §1, eff. July 1, 1978.
LA Rev Stat § 33:4141 (2021)
2021 Louisiana Laws|Revised Statutes|Title 33 - Municipalities and Parishes|§4141. New Orleans; interest rate of bonds; form; execution; details of bonds; costs; peremption

RS 4141 - New Orleans; interest rate of bonds; form; execution; details of bonds; costs; peremption  Bonds issued under the authority of R.S. 33:4138 shall bear such rate or rates of interest as provided for in R.S. 39:1424 and R.S. 39:1424.1, shall be payable at such time or places on or before December 31, 2028, shall be in such form and denomination, shall be subject to such provisions of redemption, including redemption premiums, shall be executed and shall be subject to such other details as the Board of Liquidation, City Debt, shall determine by resolution adopted by affirmative vote of a majority of its members. The cost of preparing and selling said bonds shall be paid by the Board of Liquidation, City Debt. The resolution authorizing the issuance of bonds under the authority of R.S. 33:4138 shall be published one time in the official journal of the city of New Orleans. For a period of thirty days from the date of publication of such resolution, any person in interest shall have the right to contest the legality of the resolution and the legality of the bond issue for any cause, after which time no one shall have any cause or right of action to contest the legality of said resolution or of the bonds authorized thereby for any cause whatsoever. If no suit, action, or proceeding is begun contesting the validity of the bond issue within the thirty days herein prescribed, the authority to issue the bonds and to provide for the payment thereof, and the legality thereof and of all of the provisions of the resolution shall be conclusively presumed, and no court shall have authority to inquire into such matters. Added by Acts 1978, No. 419, §1, eff. July 1, 1978. Acts 1985, No. 731, §1, eff. July 16, 1985.
LA Rev Stat § 33:4142 (2021)
2021 Louisiana Laws|Revised Statutes|Title 33 - Municipalities and Parishes|§4142. New Orleans; sale of bonds

RS 4142 - New Orleans; sale of bonds  All bonds issued under the authority of R.S. 33:4138 shall be sold in the manner provided for sewerage service revenue bonds in R.S. 33:4121(B)(4). Added by Acts 1978, No. 419, §1, eff. July 1, 1978. Acts 1985, No. 731, §1, eff. July 16, 1985.
LA Rev Stat § 33:4143 (2021)
2021 Louisiana Laws|Revised Statutes|Title 33 - Municipalities and Parishes|§4143. New Orleans; proceeds of bonds

RS 4143 - New Orleans; proceeds of bonds  The proceeds of all sales of bonds issued under the authority of R.S. 33:4138, except refunding bonds which shall be governed by the provisions of the resolution authorizing their issuance, shall be held by the Board of Liquidation, City Debt, and paid over on the warrants of the Sewerage and Water Board of New Orleans in the manner and under the conditions provided in R.S. 33:4137 with reference to disbursements of said tax funds, and shall be used solely and exclusively for the construction and extension of the drainage system of the city of New Orleans. Added by Acts 1978, No. 419, §1, eff. July 1, 1978. Acts 1985, No. 731, §1, eff. July 16, 1985.
LA Rev Stat § 33:4144 (2021)
2021 Louisiana Laws|Revised Statutes|Title 33 - Municipalities and Parishes|§4144. New Orleans; continuation of board; application of proceeds

RS 4144 - New Orleans; continuation of board; application of proceeds  The Board of Liquidation, City Debt, as now organized and created, and with the powers, duties and functions prescribed by existing laws and by the Louisiana Constitution, shall be continued while any bonds authorized by Section 4138 of this Part are outstanding and unpaid, and all taxes which may be levied for the payment of said bonds, shall day by day as collected be paid over to said board and shall by it be applied in payment of the principal and interest of said bonds. Added by Acts 1978, No. 419, §1, eff. July 1, 1978.
LA Rev Stat § 33:4145 (2021)
2021 Louisiana Laws|Revised Statutes|Title 33 - Municipalities and Parishes|§4145. New Orleans; application of §4138 to §4144 to other related provisions

RS 4145 - New Orleans; application of §4138 to §4144 to other related provisions  The provisions of Sections 4138 to 4144, inclusive, of this Part, shall not affect the right, power and authority of the city of New Orleans to levy a tax on all taxable property in the city of New Orleans sufficient to pay the principal of and interest on any bonds of the city of New Orleans heretofore issued and now outstanding, or which may be issued in the future, nor the right, power and authority of the city of New Orleans to issue bonds in the future. The bonds issued under authority of Section 4138 of this Part shall not be included in computing the indebtedness of the city of New Orleans under any limitation prescribed by the Louisiana Constitution or statutes of the state of Louisiana. Added by Acts 1978, No. 419, §1, eff. July 1, 1978.
LA Rev Stat § 33:4146 (2021)
2021 Louisiana Laws|Revised Statutes|Title 33 - Municipalities and Parishes|§4146. New Orleans; validity of bonds; repealer; severability

RS 4146 - New Orleans; validity of bonds; repealer; severability  The city of New Orleans is further relieved of its obligation to make annual appropriations for the purpose of maintaining and operating its drainage system of the city of New Orleans and shall not be required to provide funds for maintaining and operating said drainage system. Added by Acts 1978, No. 419, §1, eff. July 1, 1978.
LA Rev Stat § 33:4147 (2021)
2021 Louisiana Laws|Revised Statutes|Title 33 - Municipalities and Parishes|§4147. New Orleans; drainage system; special tax, investments; disbursements

RS 4147 - New Orleans; drainage system; special tax, investments; disbursements  The council of the city of New Orleans, or its successor, as the governing body of the city of New Orleans is authorized pursuant to an election held on May 16, 1981, which election was called pursuant to Article VI, Section 32 of the Constitution of Louisiana and other applicable statutes, to levy and collect for the year 1982, and annually thereafter for a term of fifty years, a special ad valorem tax of nine mills on the dollar, upon all taxable property, real, personal, and mixed, in the city of New Orleans. The proceeds of said nine mills tax shall be paid over to the Board of Liquidation, City Debt, day by day as the same is collected by the proper officials of the city of New Orleans and such proceeds shall be used solely and exclusively for the operation and maintenance of the drainage system of the city of New Orleans; and for the construction and extension of said drainage system, excluding subsurface drainage systems and their appurtenances; and shall be deposited with the fiscal agent banks of the Board of Liquidation, City Debt, to the credit of a special fund called "Drainage System Fund". The Board of Liquidation, City Debt, may, in its discretion, invest any of the proceeds of said special tax in such investments as it is authorized by law to make whenever an officer designated by the Sewerage and Water Board of New Orleans requests the investment of such funds by the Board of Liquidation, City Debt. All disbursements made by the Sewerage and Water Board out of the proceeds of said fund shall be made in the form of warrants or drafts on the Board of Liquidation, City Debt, setting forth the amounts thereof, the persons to whom payable, and the purpose for which the payment is made; and the Board of Liquidation, City Debt, is charged with the duty of taking care that no irregular, improper or unlawful payments are made out of said special fund. The Board of Liquidation, City Debt, as now organized and created and with the powers, duties, and functions prescribed by existing laws and by this Section shall be continued as long as said special tax is levied and collected under this Section. Added by Acts 1981, No. 247, §1, eff. July 1, 1981.
LA Rev Stat § 33:4148 (2021)
2021 Louisiana Laws|Revised Statutes|Title 33 - Municipalities and Parishes|§4148. New Orleans; drainage bonds

RS 4148 - New Orleans; drainage bonds A. The Sewerage and Water Board of New Orleans, by resolution adopted by affirmative vote of a majority of its members and subject to the approvals hereinafter set forth, shall have the power and is hereby authorized to issue from time to time, in the name of the city of New Orleans, bonds payable solely out of the tax levies and other revenues specified in R.S. 33:4149 for drainage purposes for the city of New Orleans, or to refund bonds issued under the authority of this Section. Such bonds may be additionally secured by municipal bond insurance, bank guarantees, surety bonds, letters of credit, and other devices to enhance the credit quality of the bonds, the cost of which credit enhancement devices may be paid from the proceeds of the bonds or such other funds as may be available. B. Bonds issued hereunder to refund bonds shall be issued in accordance with the provisions of Chapter 14-A of Title 39 of the Louisiana Revised Statutes, and for purposes thereof, the Sewerage and Water Board of New Orleans shall be deemed to be the governing authority of the issuer whenever such term is used in said Chapter; provided, however, the Board of Liquidation, City Debt, shall fix the details of the bonds and sell the bonds as provided in R.S. 33:4151 and 4152, respectively. C. The resolution of the Sewerage and Water Board of New Orleans authorizing the issuance of such bonds shall not be effective until approved by a resolution adopted by affirmative vote of a majority of the members of the council of the city of New Orleans and by a resolution adopted by affirmative vote of a majority of the members of the Board of Liquidation, City Debt. D. All bonds issued pursuant to this Section shall be excluded in applying any limitation upon the power of the city of New Orleans to issue bonds for any purpose. Added by Acts 1981, No. 247, §1, eff. July 1, 1981. Acts 1985, No. 731, §1, eff. July 16, 1985; Acts 2003, No. 1131, §1, eff. July 2, 2003.
LA Rev Stat § 33:4149 (2021)
2021 Louisiana Laws|Revised Statutes|Title 33 - Municipalities and Parishes|§4149. New Orleans, tax levy to pay bonds; disposal of residue; proceeds from assessments

RS 4149 - New Orleans, tax levy to pay bonds; disposal of residue; proceeds from assessments  A. The Board of Liquidation, City Debt, shall annually retain from the revenues derived from the tax levy of nine mills for the drainage system of the city of New Orleans provided for herein, an amount which, together with other moneys received by the Board of Liquidation, City Debt, from the Sewerage and Water Board, as hereinafter provided, shall be, and which tax shall not be reduced below the amount, sufficient to provide for the payment, at or prior to maturity, of the principal of and the interest on the bonds issued under the authority of Section 4148 of this Part, and such revenues shall be applied by the Board of Liquidation, City Debt, to such purposes. After providing for the payment of the principal of and interest on such bonds and after making such further reservation of revenues derived from the aforesaid tax as may be required by the terms of any contract with the holders of said bonds or as the Board of Liquidation, City Debt, in its discretion, may deem necessary to insure the prompt and regular payment of the principal of and interest on said bonds, the residue of said revenues shall be used by the Sewerage and Water Board of New Orleans for the purposes now set forth in Section 4147 of this Part. B. In the event the proceeds of bonds issued under Section 4148 of this Part shall have been used by the Sewerage and Water Board to pay for the portion of the cost of drainage work which is to be assessed against lands benefited by such drainage work, the Sewerage and Water Board shall pay over to the Board of Liquidation, City Debt, when and as received, the funds derived from the sale of drainage certificates secured by said assessments, and the total amount of assessments levied upon the property benefited by such drainage works, and the proceeds of the sale of drainage liens upon such property which are not dedicated to the payment of drainage certificates, until a sufficient amount shall have been paid over to the Board of Liquidation, City Debt, to provide for the retirement and redemption of principal of and interest on an amount of the bonds issued under Section 4148 of this Part, equal to the face amount of the said bonds the proceeds of which were used to pay the property owners' portion of the cost of the drainage works. Added by Acts 1981, No. 247, §1, eff. July 1, 1981.
LA Rev Stat § 33:4150 (2021)
2021 Louisiana Laws|Revised Statutes|Title 33 - Municipalities and Parishes|§4150. New Orleans; tax exemption of bonds; investments; use as security; registration

RS 4150 - New Orleans; tax exemption of bonds; investments; use as security; registration  Bonds issued under the authority of Section 4148 of this Part shall be exempt from all taxation for state, parish, municipal, or other local purposes. Savings banks, tutors of minors, curators of interdicts, trustees, and other fiduciaries may invest the funds in their hands in said bonds. Said bonds may be used for deposit with any officer, board, municipality, or other political subdivision of the state of Louisiana, in any case where, by present or future laws, deposit or security is required. Said bonds may be registered and released from registry under such rules as the Board of Liquidation, City Debt, may prescribe. Added by Acts 1981, No. 247, §1, eff. July 1, 1981.
LA Rev Stat § 33:4151 (2021)
2021 Louisiana Laws|Revised Statutes|Title 33 - Municipalities and Parishes|§4151. New Orleans; interest rate of bonds; form; execution; costs

RS 4151 - New Orleans; interest rate of bonds; form; execution; costs  Bonds issued under the authority of R.S. 33:4148 shall bear such rate or rates of interest as provided for in R.S. 39:1424 and R.S. 39:1424.1, shall be payable at such time or places on or before December 31, 2032, shall be in such form and denomination, shall be subject to such provisions of redemption, including redemption premiums, shall be executed and shall be subject to such other details as the Board of Liquidation, City Debt, shall determine by resolution adopted by affirmative vote of a majority of its members. The cost of preparing and selling said bonds shall be paid by the Board of Liquidation, City Debt. The resolution authorizing the issuance of bonds under the authority of R.S. 33:4148 shall be published one time in the official journal of the city of New Orleans. For a period of thirty days from the date of such resolution, any person in interest shall have the right to contest the legality of the resolution and the legality of the bond issue for any cause, after which time no one shall have any cause or right of action to contest the legality of said resolution or of the bonds authorized thereby for any cause whatsoever. If no suit, action, or proceeding is begun contesting the validity of the bond issue within the thirty days herein prescribed, the authority to issue the bonds and to provide for the payment thereof, and the legality thereof and of all the provisions of the resolution shall be conclusively presumed, and no court shall have authority to inquire into such matters. Added by Acts 1981, No. 247, §1, eff. July 1, 1981. Acts 1985, No. 731, §1, eff. July 16, 1985.
LA Rev Stat § 33:4152 (2021)
2021 Louisiana Laws|Revised Statutes|Title 33 - Municipalities and Parishes|§4152. New Orleans; sale of bonds

RS 4152 - New Orleans; sale of bonds  All bonds issued under the authority of R.S. 33:4148 shall be sold in the manner provided for sewerage service revenue bonds in R.S. 33:4121(B)(4). Added by Acts 1981, No. 247, §1, eff. July 1, 1981. Acts 1985, No. 731, §1, eff. July 16, 1985.