Idaho Const. art. VIII, § 3B

Idaho Constitution

Article VIII, § 3B — PORT DISTRICT FACILITIES AND PROJECTS – REVENUE BOND FINANCING

This text of Idaho Const. art. VIII, § 3B (PORT DISTRICT FACILITIES AND PROJECTS – REVENUE BOND FINANCING) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

JurisdictionIdaho DocumentConstitution

ArticleVIII

Section§ 3B

CitationIdaho Const. art. VIII, § 3B

Bluebook

Idaho Const. art. VIII, § 3B.

Full Text

Port districts may acquire, construct, install, and equip facilities or projects to be financed for, or to be leased, sold or otherwise disposed of to persons, associations or corporations other than municipal corporations and may in the manner prescribed by law issue revenue bonds to finance the costs thereof; provided that any such revenue bonds shall be payable solely from charges, rents or payments derived from the facilities or projects financed thereby and shall not be secured by the full faith and credit or the taxing power of the port district, the state, or any other political subdivision. No provision of this Constitution, including, but not limited to Sections 3 and 4 of Article VIII and Section 4 of Article XII, shall be construed as a limitation upon the authority granted under this section.

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Port districts may acquire, construct, install, and equip facilities or projects to be financed for, or to be leased, sold or otherwise disposed of to persons, associations or corporations other than municipal corporations and may in the manner prescribed by law issue revenue bonds to finance the costs thereof; provided that any such revenue bonds shall be payable solely from charges, rents or payments derived from the facilities or projects financed thereby and shall not be secured by the full faith and credit or the taxing power of the port district, the state, or any other political subdivision. No provision of this Constitution, including, but not limited to Sections 3 and 4 of Article VIII and Section 4 of Article XII, shall be construed as a limitation upon the authority granted under this section.

History

Amendment No. 90: Proposed 1977, S.L. page 978, S.J.R. 102; ratified November 7, 1978.

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Bluebook (online)

Idaho Const. art. VIII, § 3B, Counsel Stack Legal Research, https://law.counselstack.com/constitution/id/VIII/3B.