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

Structure Nebraska Revised Statutes

Nebraska Revised Statutes

Chapter 58 - Money and Financing

58-101 - Money; denominations; public payments.

58-102 - Money; demand expressed in another denomination; effect.

58-201 - Act, how cited.

58-202 - Cost and availability of financing; legislative findings and declarations.

58-203 - Authority; purpose for creation.

58-204 - Finance and development entities; legislative findings.

58-205 - Consolidation of various finance and development entities; legislative findings.

58-206 - Assistance and expertise; provided by single finance and development entity; legislative findings.

58-207 - Definitions, where found.

58-207.01 - Abatement, defined.

58-207.02 - Accessibility barrier, defined.

58-207.03 - Accessibility barrier elimination, defined.

58-208 - Agriculture or agricultural enterprise, defined.

58-209 - Authority, defined.

58-209.01 - Blighted area, defined.

58-210 - Bond, defined.

58-210.01 - Environmental hazard, defined.

58-210.02 - Economic-impact project, defined.

58-211 - Financing agreement, defined.

58-211.01 - First-time homebuyer, defined.

58-212 - Hospital or nursing home, defined.

58-213 - Insurer, defined.

58-214 - Lender, defined.

58-215 - Loan, defined.

58-216 - Low-income or moderate-income person, defined.

58-216.01 - Microenterprise, defined.

58-217 - Mortgage, defined.

58-218 - Mortgage loan, defined.

58-219 - Project, defined.

58-219.01 - Public agency, defined.

58-220 - Rental housing, defined.

58-221 - Residential energy conservation device, defined.

58-222 - Residential housing, defined.

58-223 - Residential energy conservation loan program, defined.

58-223.01 - School, defined.

58-224 - State, defined.

58-225 - Utility, defined.

58-226 - Nebraska Investment Finance Authority; created; members; qualifications.

58-227 - Authority; public members; terms; vacancies; removal.

58-228 - Authority; chairperson; officers; expenses.

58-229 - Authority; quorum; vacancy; effect.

58-230 - Meetings; when held; virtual conferencing authorized.

58-231 - Executive director; powers and duties.

58-232 - Executive director; meetings; records; duties.

58-234 - Authority; personnel.

58-235 - Authority; member or employee; conflict of interest; disclosure.

58-236 - Officer or employee of state; membership on or service to authority; how treated.

58-237 - Authority; members; executive director; surety bond.

58-238 - Authority; members; liability.

58-239 - Authority; powers; enumerated.

58-239.01 - Authority; microenterprises; powers and duties.

58-239.02 - Authority; wastewater treatment and safe drinking water projects; powers and duties.

58-239.03 - Authority; public safety communication projects; powers.

58-239.04 - Authority; economic-impact projects; powers and duties.

58-240 - Authority; duties; enumerated.

58-241 - Authority; coordinate activities with state.

58-242 - Authority; agricultural projects; duties.

58-243 - Authority; agricultural projects; powers.

58-244 - Authority; agricultural projects; adopt rules and regulations.

58-245 - Agricultural projects; loan; reports required; contents.

58-246 - Agricultural projects; loan reports; public information; borrower's name omitted.

58-247 - Authority; housing projects; powers.

58-248 - Authority; housing projects; adopt rules and regulations.

58-249 - Authority; low-income housing loans; establish funds.

58-250 - Authority; development projects; adopt rules and regulations.

58-251 - Authority; development project; make specific findings.

58-252 - Authority; borrow money and issue bonds; purposes.

58-253 - Authority; issue bonds to renew, pay, or refund bonds.

58-254 - Authority; bond issuance; general obligation; how paid and secured.

58-255 - Authority; bond issuance; state; no obligation; statement.

58-256 - Bond resolution; contents; sale; manner; declaratory judgment.

58-257 - Bond resolution; provisions enumerated.

58-258 - Authority; pledge; effect; lien; recording; not required.

58-259 - Authority; purchase bonds of authority; canceled; price.

58-260 - Bonds; secured by trust indenture; contents; expenses; how treated.

58-261 - Bonds; negotiable instruments.

58-262 - Bonds; signatures of prior members or officers; validity.

58-263 - Authority; establish funds.

58-264 - Authority; money; deposits; secured; expenditures.

58-265 - Authority; bondholders; contract; purposes; money; how secured.

58-266 - Bondholders; pledge; agreement of the state.

58-267 - Authority; expenses; how paid; liability of state or political subdivision; prohibited.

58-268 - Authority; property; public; exempt from taxation; when; dissolution; assets; how distributed.

58-269 - Bonds; legal investments; for whom; considered securities.

58-270 - Authority; reports; contents; audit; issuance of bonds; notices.

58-271 - Act, how construed.

58-272 - Authority; successor to certain entities; transfer of property, funds, and obligations to authority; actions by predecessor entities; how treated.

58-501 - Act, how cited.

58-502 - Legislative findings.

58-503 - Terms, defined.

58-504 - Designated blighted and substandard area; application; hearing; approval.

58-505 - Redevelopment project; application; hearing; approval.

58-506 - Act; how construed.

58-507 - Property taxes; how divided.

58-508 - Redevelopment project valuation; county assessor; duties.

58-509 - Property taxes; how treated.

58-510 - Pledge of taxes; authorized.

58-511 - Penal bond; required.

58-512 - Powers supplemental; act, how construed.

58-513 - Contracting public body; powers.

58-514 - Bonds; issuance.

58-515 - Bonds; liability; how paid; notes.

58-516 - Bonds; how issued.

58-517 - Bonds; how sold.

58-518 - Bonds; signatures; negotiability.

58-519 - Bonds; presumption of validity.

58-520 - Bonds; leases; contracting public body; powers.

58-521 - Default; contracting public body; powers.

58-522 - Obligee; rights.

58-523 - Bonds; authorized investment.

58-524 - Bond validation proceeding; appeal.

58-525 - Bonds or certificates; validation.

58-526 - Public body or taxing body; supplemental powers.

58-527 - Sale, conveyance, lease, or agreement; how made.

58-528 - Contracting public body; estimate of expenses; appropriations; bonds authorized.

58-529 - School districts; additional expenses; appropriations.

58-530 - Presumption of compliance.

58-531 - Act; how construed.

58-532 - Act; when operative.

58-533 - Filing of applications; limitation.

58-610 - Act, how cited.

58-611 - Definitions.

58-612 - Standard of conduct in managing and investing institutional fund.

58-613 - Appropriation for expenditure or accumulation of endowment fund; rules of construction.

58-614 - Delegation of management and investment functions.

58-615 - Release or modification of restrictions on management, investment, or purpose.

58-616 - Reviewing compliance.

58-617 - Application to existing institutional funds.

58-618 - Relation to Electronic Signatures in Global and National Commerce Act.

58-619 - Uniformity of application and construction.

58-701 - Act, how cited.

58-702 - Legislative findings.

58-703 - Affordable Housing Trust Fund; created; use.

58-704 - Housing advisory committee; created; members; duties; meetings.

58-705 - Department of Economic Development; Affordable Housing Trust Fund; duties.

58-706 - Affordable Housing Trust Fund; eligible activities.

58-707 - Assistance; qualified recipients.

58-708 - Department of Economic Development; selection of projects to receive assistance; duties; recapture funds; when.

58-709 - Rules and regulations.

58-711 - Information on status of Affordable Housing Trust Fund; report; contents.

58-801 - Act, how cited.

58-802 - Legislative findings.

58-803 - Definitions, where found.

58-804 - Authority, defined.

58-805 - Bonds, defined.

58-806 - Cost, defined.

58-807 - Eligible institution, defined.

58-807.01 - Private cultural institution, defined.

58-808 - Private health care institution, defined.

58-809 - Private institution of higher education, defined.

58-810 - Private social services institution, defined.

58-811 - Project, defined.

58-812 - Property, defined.

58-813 - Nebraska Educational, Health, Cultural, and Social Services Finance Authority; created.

58-814 - Authority; members; qualifications; appointment; terms; removal.

58-815 - Authority; officers; executive director; compensation; receive contributions.

58-816 - Authority; keep records and accounts; seal; certified copies.

58-817 - Authority; quorum; actions; vacancy; effect; meetings.

58-818 - Authority; officers, members, and employees; surety bond requirements.

58-819 - Authority; members; expenses.

58-820 - Authority member or employee; conflict of interest; abstention.

58-821 - Authority; purpose.

58-822 - Authority; perpetual succession; bylaws.

58-823 - Authority; adopt seal.

58-824 - Authority; office; location.

58-825 - Authority; sue and be sued.

58-826 - Authority; powers over project.

58-827 - Authority; issuance of bonds authorized.

58-828 - Authority; charge for services.

58-829 - Authority; rules and regulations for use of project; designate agent.

58-830 - Authority; personnel.

58-831 - Authority; receive loans, grants, and contributions.

58-832 - Authority; mortgage of certain property.

58-833 - Authority; loans authorized; limitation.

58-834 - Authority; issue bonds; make loans; conditions.

58-835 - Authority; administrative costs; apportionment.

58-836 - Authority; general powers; joint projects.

58-837 - Authority; combine and substitute projects; bonds; additional series.

58-838 - Expenses; how paid; liability; limitation.

58-839 - Authority; acquisition of property.

58-840 - Authority; financing obligations completed; convey title to eligible institution.

58-841 - Authority; bonds; issuance; form; proceeds; how used; replacement; liability; liability insurance; indemnification.

58-842 - Bond issuance; resolution; provisions enumerated.

58-843 - Bonds; secured by trust indenture; contents; expenses; how treated.

58-844 - Bonds issued to purchase securities of eligible institution; provisions applicable.

58-845 - Bonds issued to acquire federally guaranteed securities; provisions applicable.

58-846 - Refunding bonds; issuance authorized; provisions applicable.

58-847 - Bond issuance; state or political subdivision; no obligation; statement; expenses.

58-848 - Authority; rents or loan payments; use.

58-849 - Money received by authority; deemed trust funds; investment.

58-850 - Bondholders and trustee; enforcement of rights.

58-851 - Act, how construed.

58-852 - Authority; journal; public records.

58-853 - Authority; public purpose; exemptions from taxation.

58-854 - Bondholders; pledge; agreement of the state.

58-855 - Act; supplemental to other laws.

58-856 - Act; provisions controlling.

58-857 - Nebraska Health Education Assistance Loan Program; established.

58-858 - Nebraska Health Education Assistance Loan Program; authority; powers.

58-859 - Nebraska Health Education Assistance Loan Program; loans; how funded.

58-860 - Nebraska Health Education Assistance Loan Program; bonds or other obligations; how paid.

58-861 - Nebraska Health Education Assistance Loan Program; bonds; security.

58-862 - Nebraska Health Education Loan Repayment Fund; created; use.

58-863 - Nebraska Student Loan Assistance Program; established.

58-864 - Nebraska Student Loan Assistance Program; authority; powers.

58-865 - Nebraska Student Loan Assistance Program; loans; how funded.

58-866 - Change in name; effect.