Sec. 15-101k. Legislative finding and determination. It is found and determined
that the acquisition and construction of a modern and improved Bradley International
Airport, including, but not limited to renovation and expansion of passenger terminal
facilities, improvements to sewer and water delivery systems, installation of enplaning
and deplaning devices, construction of new auto parking structures, improvements to
the runway and taxiway system, expansion of the aircraft apron area adjacent to the
passenger terminal and construction, renovation and expansion of any self-sustaining
special facilities appurtenant thereto, including facilities for the provision of cargo, aircraft maintenance, hotel, and other aviation-related functions, are an important inducement for industrial and commercial enterprises to remain or locate in this state and
therefore for the benefit of the people of the state, and for the increase of their commerce,
welfare and prosperity, the necessity in the public interest of providing such improved
facilities is hereby declared as a matter of legislative determination. Sec. 15-101l. Bonds. (a) Bond authorization. The State Bond Commission may
authorize the issuance of bonds of the state in one or more series and in principal amounts
necessary to carry out the purposes of sections 15-101k to 15-101p, inclusive, but not
in excess of the aggregate amount of two hundred ninety-four million dollars, provided
any special obligation bonds issued to finance self-sustaining special facilities payable
solely from revenues derived from such special facilities and not payable from gross
operating revenues pledged to secure bonds issued pursuant to an indenture of trust
dated as of October 1, 1982, as amended from time to time, shall not be included in
calculating said maximum aggregate amount of bonds. Sec. 15-101m. Management of airport. (a) Commissioner to establish rates,
rents, fees and charges. Exception. Subject to the provisions of the general statutes
and resolution authorizing the issuance of bonds pursuant to subsection (a) of section
15-101l, the Commissioner of Transportation is authorized to fix, revise, charge and
collect rates, rents, fees and charges for the use of and for the services furnished or to
be furnished by the facilities of Bradley International Airport and to contract with any
person, partnership, association or corporation, or other body, public or private, in respect thereof except that, the commissioner shall not impose any fee, charge or commission on the gross revenues of off-airport parking operators for the right to access said
airport that exceeds five per cent of such gross revenues for calendar quarters commencing on or after July 1, 1997, and prior to July 1, 1998, and four per cent of such gross
revenues for calendar quarters commencing on or after July 1, 1998. Such rates, rents,
fees and charges shall be fixed and adjusted in respect of the aggregate of rates, rents,
fees and charges from the operation of Bradley International Airport so as to provide
funds sufficient with other revenues or moneys available therefor, if any, (1) to pay the
cost of maintaining, repairing and operating the facilities of Bradley International Airport and each and every portion thereof, to the extent that the payment of such cost has
not otherwise been adequately provided for, (2) to pay the principal of and the interest
on any outstanding revenue obligations of the state issued in respect of the project as
the same shall become due and payable and (3) to create and maintain reserves and
sinking funds required or provided for in any resolution authorizing, or trust agreement
securing, such bonds. A sufficient amount of the revenues as may be necessary to pay
the cost of maintenance, repair and operation and to provide reserves and for renewals,
replacements, extensions, enlargements and improvements as may be provided for in
the resolution authorizing the issuance of any bonds or in the trust agreement securing
the same, shall be set aside at such regular intervals as may be provided in such resolution
or trust agreement in a reserve, sinking or other similar fund which is hereby pledged
to, and charged with, the payment of the principal of and the interest on such bonds as
the same shall become due, and the redemption price or the purchase price of bonds
retired by call or purchase as therein provided. The use and disposition of moneys to
the credit of such reserve, sinking or other similar fund shall be subject to the provisions
of the resolution authorizing the issuance of such bonds or of such trust agreement. Sec. 15-101n. Refunding bonds. Bond anticipation notes. (a) Any bonds issued
under the provisions of subsection (a) of section 15-101l and at any time outstanding
may at any time from time to time be refunded by the state by the issuance of its refunding
bonds in such amounts as the State Bond Commission may deem necessary, but not
exceeding an amount sufficient to refund the principal of the bonds to be so refunded,
any unpaid interest thereon and any premiums and commissions necessary to be paid
in connection therewith and to pay costs and expenses which the Treasurer may deem
necessary or advantageous in connection with the authorization, sale and issuance of
refunding bonds. Any such refunding may be effected whether the bonds to be refunded
shall have matured or shall thereafter mature. All refunding bonds issued hereunder
shall be payable solely from the revenues out of which the bonds to be refunded thereby
are payable and shall be subject to and may be secured in accordance with the provisions
of section 15-101l. Sec. 15-101o. Notes and bonds to be tax-exempt. Legal securities. (a) It is hereby
determined that the purposes of sections 15-101k to 15-101p, inclusive, are public purposes and that the state will be performing an essential governmental function in the
exercise of the powers conferred upon it hereunder. The state covenants with the purchasers and all subsequent holders and transferees of notes and bonds issued by the state
pursuant to sections 15-101l and 15-101n, in consideration of the acceptance of and
payment for the notes and bonds, that the principal and interest of such notes and bonds
shall at all times be free from taxation, except for estate and gift taxes, imposed by the
state or by any political subdivision thereof. The Treasurer is authorized to include this
covenant of the state in any agreement with the holder of such notes or bonds. Sec. 15-101p. (Formerly Sec. 15-101). Airport revenues held in trust. Separate
account. Contract with holders of notes or bonds. All revenue from the operation of
Bradley International Airport shall be paid to the State Treasurer to be held in trust, and
the Treasurer shall not commingle such moneys with any other moneys. Such moneys
shall be deposited in a separate account or accounts in banks or trust companies organized
under the law of the state or in national banking associations doing business in the state,
provided that the Treasurer shall have power to contract with the holders of any notes
or bonds issued pursuant to sections 15-101l or 15-101n, or with a trustee acting pursuant
to a trust indenture for the benefit of such holders, as to the custody, collection, securing,
investment and application of the proceeds of such notes and bonds and of the revenue
from the operation of Bradley International Airport, and to carry out such contracts. Sec. 15-101q. (Formerly Sec. 13b-46a). Supersonic civil aircraft banned from
Bradley International Airport, exception. Any supersonic civil aircraft that has not
been operated at Bradley International Airport prior to July 1, 1976, shall be denied the
right to land, except in an emergency, at Bradley International Airport, unless the aircraft
meets the noise restrictions listed in Appendix "C" of Federal Aviation Regulations Part
36, as it may from time to time be amended. Sec. 15-101r. Airport commission established. Appointment of members.
Compensation and expenses. Quorum. Financial interest in airport prohibited. (a)
There is created within the Department of Transportation, for administrative purposes
only, the Bradley International Airport Commission to (1) oversee the development of
Bradley International Airport in an expeditious and efficient manner according to the
airport master plan, (2) develop policies in coordination with the Department of Transportation to ensure that airport development meets the social, economic and environmental needs and concerns of the surrounding communities and the region as a whole and
the economic needs of the state, and (3) provide a forum for addressing the issues, needs
and concerns of the users of the airport and the general public. Sec. 15-101s. Powers and duties of commission. Responsibilities of Commissioner of Transportation. (a) The commission shall (1) review and comment on all
plans for the development of Bradley International Airport in accordance with the criteria and standards set forth in section 15-101r and make any other recommendations
regarding the development of the airport as it deems appropriate and (2) have the power
to compel the attendance and testimony of witnesses by subpoena and capias issued by
it, require the production of any books, papers or other documents and administer oaths
to witnesses in any matter under its examination. The commission may hire any staff it
determines necessary to carry out its functions and purposes. Sec. 15-101t. Bradley International Airport terminal improvement and renovation project. Solicitation of bids. Award of contract. Notwithstanding the provisions of section 13a-95 and other statutes related to competitive bidding procedures, the
Commissioner of Transportation may direct the construction manager for the Bradley
International Airport terminal improvement and renovation project to solicit and prequalify responsible and qualified contractors. The list of prequalified contractors shall
be approved by the commissioner. The construction manager shall obtain bids on the
different construction elements of the project from the contractors on said list. The
construction manager shall evaluate all such bids that are fair and reasonable with regard
to the state's interest, from at least three prequalified contractors, and make a recommendation for selection to the commissioner. The commissioner shall make the final selection and the construction manager shall award the contract to the selected bidder. Any
contractor awarded said contract pursuant to this section shall be subject to the same
requirements concerning the furnishing of bonds as a contractor awarded a contract
pursuant to section 13a-95. Secs. 15-101u to 15-101z. Reserved for future use.
(P.A. 81-406, S. 3, 10; P.A. 87-396, S. 1; P.A. 93-413, S. 14, 16.)
History: P.A. 87-396 changed word "structure" to "structures"; P.A. 93-413 added provisions re construction, renovation
and expansion of self-sustaining special facilities, effective July 1, 1993.
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(b) Special obligations of state. Bonds issued pursuant to subsection (a) of this
section shall be special obligations of the state and shall not be payable from nor charged
upon any funds other than the revenues pledged to the payment thereof, nor shall the
state or any political subdivision thereof be subject to any liability thereon except to the
extent of such pledged revenues. The issuance of bonds under the provisions of sections
15-101k to 15-101p, inclusive, shall not directly or indirectly or contingently obligate
the state or any political subdivision thereof to levy or to pledge any form of taxation
whatever therefor or to make any appropriation for their payment. The bonds shall not
constitute a charge, lien or encumbrance, legal or equitable, upon any property of the
state or of any political subdivision thereof, except the property mortgaged or otherwise
encumbered under the provisions and for the purposes of sections 15-101k to 15-101p,
inclusive. The substance of such limitation shall be plainly stated on the face of each
bond. Bonds issued pursuant to sections 15-101k to 15-101p, inclusive, shall not be
subject to any statutory limitation on the indebtedness of the state and such bonds, when
issued, shall not be included in computing the aggregate indebtedness of the state in
respect to and to the extent of any such limitation.
(c) Execution of bonds, maturity, terms and conditions. The bonds referred to
in subsection (a) of this section may be executed and delivered at such time or times,
shall be dated, shall bear interest at such rate or rates, including variable rates to be
determined in such manner as set forth in the proceedings authorizing the issuance of
the bonds, provide for payment of interest on such dates, whether before or at maturity,
shall mature at such time or times not exceeding forty years from their date, have such
rank or priority, be payable in such medium of payment, be issued in coupon, registered
or book entry form, carry such registration and transfer privileges and be subject to
purchase or redemption before maturity at such price or prices and under such terms
and conditions, including the condition that such bonds be subject to purchase or redemption on the demand of the owner thereof, all as may be provided by the State Bond
Commission. The State Bond Commission shall determine the form of the bonds, including any interest coupons to be attached thereto, the manner of execution of the bonds,
the denomination or denominations of the bonds and the place or places of payment of
principal and interest, which may be at any bank or trust company within or without the
state. Prior to the preparation of definitive bonds, the State Bond Commission may, under
like restrictions, issue interim receipts or temporary bonds, with or without coupons,
exchangeable for definitive bonds when such bonds have been executed and are available for delivery. If any of the officers whose signatures appear on the bonds or coupons
cease to be officers before the delivery of any such bonds, such signatures shall, nevertheless, be valid and sufficient for all purposes, the same as if they had remained in
office until delivery.
(d) Sale of bonds. Any bonds issued under the authority of sections 15-101k to 15-
101p, inclusive, may be sold at public sale on sealed proposals or by negotiation in such
manner, at such price and at such time or times as may be determined by the Treasurer
to be most advantageous, subject to the approval of the State Bond Commission. The
state may pay from the proceeds of the bonds all costs and expenses which the Treasurer
may deem necessary or advantageous in connection with the authorization, sale and
issuance thereof, including the cost of interest on any short-term financing authorized
under subsection (b) of section 15-101n.
(e) Bonds secured by pledge of revenues. The principal of and interest on any
bonds issued pursuant to subsection (a) of this section shall be secured by a pledge of
the revenues out of which such bonds shall be made payable. They may be secured by
a mortgage covering all or any part of the project from which the revenues so pledged
may be derived or by a pledge of one or more leases, sale contracts or loan agreements
with respect to such project or by a pledge of one or more notes, debentures, bonds or
other secured or unsecured debt obligations of any lessee or contracting party under a
loan agreement or sale contract or by a pledge of reserve and sinking funds established
pursuant to the resolution authorizing the issuance of the bonds and any other funds
and accounts, including proceeds from investment of any of the foregoing, established
pursuant to this chapter or the proceedings authorizing the issuance of such bonds, and
by moneys paid under a credit facility, including but not limited to, a letter of credit or
policy of bond insurance, issued by a financial institution pursuant to an agreement
authorized by such proceedings.
(f) Agreements and provisions in instruments securing bonds. The proceedings
under which the bonds are authorized to be issued pursuant to subsection (a) of this
section, and any mortgage given to secure the same, may, subject to the provisions of
the general statutes, contain any agreements and provisions customarily contained in
instruments securing bonds, including, but not limited to: (1) Provisions respecting
custody of the proceeds from the sale of the bonds, including their investment and reinvestment until used for the cost of the project; (2) provisions respecting the fixing and
collection of rents or payments with respect to the facilities of Bradley International
Airport; (3) the terms to be incorporated in the lease, sale contract or loan agreement
with respect to the project; (4) the maintenance and insurance of the project; (5) the
creation, maintenance, custody, investment and reinvestment and use of the revenues
derived from the operation of Bradley International Airport; (6) establishment of reserves or sinking funds, and such accounts thereunder as may be established by the
State Bond Commission, and the regulation and disposition thereof; (7) the rights and
remedies available in case of a default to the bondholders or to any trustee under any
lease, sale contract, loan agreement, mortgage or trust indenture; (8) reimbursement
agreements or similar agreements in connection with credit facilities including, but not
limited to, letters of credit or policies of bond insurance, remarketing agreements and
agreements for the purpose of moderating interest rate fluctuations, and of such other
agreements entered into pursuant to section 3-20a; (9) provisions for the issuance of
additional bonds on a parity with bonds theretofore issued, including establishment of
coverage requirements with respect thereto; and (10) provisions or covenants of like or
different character from the foregoing which are consistent with the provisions of this
chapter and which the State Bond Commission determines in such proceedings are
necessary, convenient or desirable in order to better secure the bonds or bond anticipation
notes, or will tend to make the bonds or bond anticipation notes more marketable, and
which are in the best interests of the state. The proceedings under which the bonds are
authorized, and any mortgage given to secure the same, may further provide that any
cash balances not necessary (A) to pay the cost of maintaining, repairing and operating
the facilities of Bradley International Airport, (B) to pay the principal of and interest
on the bonds as the same shall become due and payable, and (C) to create and maintain
reserve and sinking funds as provided in any authorizing resolution, shall be deposited
into the General Fund of the state at designated intervals, or be deposited in a Bradley
International Airport working fund to be held in trust by the treasurer and applied to
future debt service requirements.
(g) Trust indenture. In the discretion of the State Bond Commission, bonds issued
pursuant to subsection (a) of this section may be secured by a trust indenture by and
between the state and a corporate trustee, which may be any trust company or bank
having the powers of a trust company within or without the state. Such trust indenture
may contain such provisions for protecting and enforcing the rights and remedies of the
bondholders as may be reasonable and proper and not in violation of law, including
covenants setting forth the duties of the state in relation to the exercise of its powers
pursuant to sections 15-101k to 15-101p, inclusive, and the custody, safeguarding and
application of all moneys. The state may provide by such trust indenture for the payment
of the proceeds of the bonds and the revenues from the operation of Bradley International
Airport to the trustee under such trust indenture or other depository, and for the method
of disbursement thereof, with such safeguards and restrictions as it may determine. All
expenses incurred in carrying out such trust indenture may be treated as a part of the
operating expenses of the project. If the bonds shall be secured by a trust indenture, the
bondholders shall have no authority to appoint a separate trustee to represent them.
(h) Validity of pledge. Any pledge made by the state shall be valid and binding
from the time when the pledge is made, and the revenues or property so pledged and
thereafter received by the state shall immediately be subject to the lien of such pledge
without any physical delivery thereof or further act. The lien of any such pledge shall
be valid and binding as against all parties having claims of any kind in tort, contract, or
otherwise against the state, irrespective of whether such parties have notice thereof.
Neither the resolution nor any other instrument by which a pledge is created need be
recorded.
(i) Treasurer may purchase bonds or notes. The Treasurer shall have power out
of any funds available therefor to purchase bonds or notes of the state issued pursuant
to this section and section 15-101n. The Treasurer may hold, pledge, cancel or resell
such bonds, subject to and in accordance with agreements with bondholders.
(j) Negotiable instruments. Whether or not the notes and bonds are of such form
and character as to be negotiable instruments under the terms of the Uniform Commercial
Code, the notes and bonds are hereby made negotiable instruments within the meaning
of and for all purposes of the Uniform Commercial Code, subject only to the provisions
of the notes and bonds for registration.
(k) Investment of moneys. Any moneys held by the Treasurer with respect to Bradley International Airport, or by a trustee pursuant to a trust indenture, subject to the
provisions of such indenture, including proceeds from the sale of any bonds and notes,
and revenues, receipts and income from the operation of Bradley International Airport
may be invested and reinvested in such obligations, securities, and other investments,
including without limitation participation certificates in the Short Term Investment Fund
created in section 3-27a, or deposited or redeposited in such bank or banks, all as shall
be authorized by the State Bond Commission in the proceedings authorizing the issuance
of the bonds and notes.
(l) Costs payable out of proceeds. For the purposes of sections 15-101k to 15-
101p, inclusive, the costs of the project payable out of the proceeds of bonds issued
pursuant to subsection (a) shall include: (i) Expenses and obligations incurred for labor
and materials in connection with the construction of the project; (ii) the cost of acquiring
by purchase, if such purchase shall be deemed expedient, and the amount of any award
or final judgment in any proceedings to acquire by condemnation, such land, property
rights, rights-of-way, franchises, easements and other interests in land as may be deemed
necessary or convenient in connection with such construction or with the operation of
the project, and the amount of any damages incident thereto; (iii) the costs of all machinery and equipment acquired in connection with the project, (iv) reserves for the payment
of the principal of and interest on any notes and bonds issued pursuant to this section
and section 15-101n, and interest accruing on any such notes, during construction of
the project and for six months after completion of such construction, (v) initial working
capital, expenses of administration properly chargeable to the construction or acquisition
of the project, legal, architectural and engineering expenses and fees, costs of audits,
costs of preparing and issuing any notes and bonds pursuant to this section and section
15-101n, and (vi) all other items of expense not elsewhere specified incident to the
planning, acquisition and construction of the project or of the placing of the same in
operation.
(m) Request for authorization by secretary. None of the bonds authorized pursuant to subsection (a) of this section, shall be issued and sold except upon a finding by the
State Bond Commission that there has been filed with it a request for such authorization,
which is signed by the Secretary of the Office of Policy and Management or on his
behalf and stating such terms and conditions as said commission, in its discretion, may
require.
(n) Definition of "project". For purposes of sections 15-101k to 15-101p, inclusive, the term "project" shall refer to the renovations and improvements to be acquired
and constructed at Bradley International Airport described in section 15-101k.
(P.A. 81-406, S. 4, 10; P.A. 87-396, S. 2; June Sp. Sess. P.A. 91-4, S. 14, 25; P.A. 93-307, S. 29, 34; 93-413, S. 15,
16; P.A. 98-124, S. 8, 12; 98-259, S. 9, 17; P.A. 99-191, S. 18, 19; P.A. 00-167, S. 62, 69.)
History: P.A. 87-396 amended Subsec. (a) by changing the limit in the amount of bonds authorized from one hundred
million dollars to two hundred million dollars; amended Subsec. (c) by removing archaic language, providing for the
inclusion of variable rates of interest, providing for the issuance in such entry form, providing that bonds be subject to
purchase or redemption and providing for the condition that such bonds be subject to purchase or redemption on the demand
of the owner thereof; amended Subsec. (e) by providing that bonds may be secured by proceeds from the investment in
any instruments in the section and by moneys paid under a credit facility, including, but not limited to, a letter of credit or
policy of bond insurance; amended Subsec. (f) by allowing bond proceedings or mortgage given to secure the same to
include reimbursement agreements in connection with credit facilities, provisions for the issuance of additional bonds on
a parity with bonds theretofore issued and provisions approved by the state bond commission which are desirable in order
to better secure the bonds or make them more marketable and made technical amendments to Subsec. (k); June Sp. Sess.
P.A. 91-4 amended Subsec. (a) to decrease the bond authorization from two hundred million dollars to one hundred four
million dollars; P.A. 93-307 and 93-413 both amended Subsec. (a) to exclude special obligation bonds issued to finance
self-sustaining special facilities from calculation of maximum aggregate amount of bonds that may be issued, effective
July 1, 1993; in 1997 the Revisors editorially changed a reference in Subsec. (i) from "section 14-101n" to "section 15-
101n", thereby correcting a clerical error in the codification of P.A. 81-406, S. 4; P.A. 98-124 amended Subdiv. (9) of
Subsec. (f) to add agreements entered into pursuant to Sec. 3-20a, effective May 27, 1998; P.A. 98-259 amended Subsec.
(a) to increase authorization from $104,000,000 to $234,000,000, effective July 1, 1998; P.A. 99-191 amended Subsec.
(a) to change authorization from $234,000,000 to $254,000,000, effective July 1, 1999; P.A. 00-167 amended Subsec. (a)
to change authorization from $254,000,000 to $294,000,000, effective July 1, 2000.
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(b) Designation of fiscal year. Annual operating budget. Personnel. The Department of Transportation shall designate the beginning and ending dates of the fiscal year
for the operation of Bradley International Airport. Each year, within ninety days prior
to the beginning of the next ensuing fiscal year, the Department of Transportation shall
prepare and submit to the Secretary of the Office of Policy and Management an annual
operating budget for Bradley International Airport for such fiscal year, providing for
(1) payment of the costs of maintaining, repairing and operating the facilities of Bradley
International Airport and each and every portion thereof during such fiscal year, to the
extent that the payment of such costs has not otherwise been adequately provided for,
(2) the payment of the principal of and interest on any outstanding revenue obligations
of the state issued in respect of the project and becoming due and payable in such fiscal
year and (3) the creation and maintenance of reserves and sinking funds required or
provided for in any resolution authorizing, or trust agreement securing, such bonds.
Such annual operating budget shall include an estimate of revenues from the rates, rents,
fees and charges fixed by the Department of Transportation pursuant to subsection (a),
and from any and all other sources, to meet the estimated expenditures of Bradley International Airport for such fiscal year. Within thirty days prior to the first day of such
fiscal year the Secretary of the Office of Policy and Management shall approve said
annual operating budget, with such changes, amendments, additions and deletions as
shall be agreed upon prior to that date by the Department of Transportation and the
Secretary of the Office of Policy and Management. The annual operating budget of
Bradley International Airport as so approved shall take effect as of the date of its approval. On or before the twentieth day of each month, including the month next preceding
the first month of the fiscal year to which the annual operating budget applies, the
Treasurer or the trustee under any trust indenture securing the bonds issued under subsection (a) of section 15-101l shall pay to the Department of Transportation out of the funds
available for such purpose such amount as may be necessary to make the amount then
held by said department for the payment of operating expenses of Bradley International
Airport equal to such amount as shall be necessary for the payment of such operating
expenses during the next ensuing two months, as shown by the annual operating budget
for such fiscal year. Except as otherwise provided in sections 15-101k to 15-101p, inclusive, either expressly or by implication, all provisions of the general statutes governing
state employees and state property, and all other provisions of the general statutes applicable to Bradley International Airport, shall continue in effect. All pension, retirement
or other similar benefits vested or acquired at any time before or after July 1, 1981, with
respect to any state employees shall continue unaffected and as if the salaries and wages
of such employees continued to be paid out of the general funds of the state.
(c) Operating budget submitted to General Assembly committee. On the day
the Department of Transportation submits an annual operating budget for Bradley International Airport to the Secretary of the Office of Policy and Management pursuant to
subsection (b) of this section, the department shall submit a copy of such budget to the
joint standing committee of the General Assembly having cognizance of matters relating
to appropriations and the budgets of state agencies, through the legislative Office of
Fiscal Analysis. Upon the approval of the annual operating budget, the department shall
submit a copy of the budget as so approved to said joint standing committee, through
the Office of Fiscal Analysis.
(P.A. 81-406, S. 5, 10; P.A. 91-334, S. 1, 3; P.A. 97-269, S. 1, 2.)
History: Section effective from date of first issuance of bonds or notes pursuant to Sec. 15-101l or 15-101n; P.A. 91-
334 added Subsec. (c) re submittal of airport's annual operating budget to general assembly committee, through office of
fiscal analysis; P.A. 97-269 amended Subsec. (a) to add exception re access fees for off-airport parking operators at Bradley
International Airport, effective July 1, 1997.
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(b) Whenever the State Bond Commission has adopted a resolution authorizing
bonds pursuant to subsection (a) of section 15-101l, the Treasurer may, pending the
issue of such bonds, issue, in the name of the state, temporary notes and any renewals
thereof in anticipation of the proceeds from the sale of such bonds, which notes and any
renewals thereof shall be designated "Bond Anticipation Notes". Such portion of the
proceeds from the sale of such bonds as may be so required shall be applied to the
payment of the principal of and interest on any such bond anticipation notes which have
been issued. The principal of and interest on any bond anticipation notes issued pursuant
to this subsection may be repaid from pledged revenues or other receipts, funds or
moneys pledged to the repayment of the bonds in anticipation of which the bond anticipation notes are issued, to the extent not paid from the proceeds of renewals thereof or of
the bonds.
(P.A. 81-406, S. 6, 10; P.A. 87-396, S. 3.)
History: P.A. 87-396 amended Subsec. (a) by authorizing the payment of costs and expenses which the treasurer may
deem necessary or advantageous and amended Subsec. (b) by authorizing the payment of the principal and interest on any
bond anticipation notes from pledged revenue or other receipts, funds or moneys pledged to the repayment of the bonds
in anticipation of which the bond anticipation notes are issued, to the extent not paid from the proceeds of renewals thereof
or of the bonds.
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(b) Bonds issued under the authority of subsection (a) of section 15-101l are hereby
made securities in which all public officers and public bodies of the state and its political
subdivisions, all insurance companies, credit unions, building and loan associations,
investment companies, banking associations, trust companies, executors, administrators, trustees and other fiduciaries and pension, profit-sharing and retirement funds may
properly and legally invest funds, including capital in their control or belonging to them.
Such bonds are hereby made securities which may properly and legally be deposited
with and received by any state or municipal officer or any agency or political subdivision
of the state for any purpose for which the deposit of bonds or obligations of the state is
now or may hereafter, be authorized by law.
(P.A. 81-406, S. 7, 10; P.A. 89-331, S. 14, 30.)
History: P.A. 89-331 clarified the exemption from taxation of the principal and interest of the bonds.
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(1949 Rev., S. 4844; 1949, S. 2430d; P.A. 81-406, S. 8, 10.)
History: P.A. 81-406 provided that all funds derived from the operation of the airport are to be held in trust and deposited
in a separate account and authorized the treasurer to contract with the holders of any notes or bonds issued pursuant to this
chapter where previous provisions required payment of all revenues into general fund and required payment of principal
and interest on bonds from general fund effective from date of first issuance of bonds or note pursuant to Sec. 15-101l or
15-101n; Sec. 15-101 transferred to Sec. 15-101p in 1983.
Annotation to former section 15-101:
Bradley Field is state property and suits against it are subject to governmental immunity. 18 CS 373.
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(P.A. 77-76, S. 1, 2.)
History: Sec. 13b-46a transferred to Sec. 15-101q in 1983.
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(b) The commission shall consist of seventeen members appointed as follows: Five
members appointed by the Governor with the advice and consent of the General Assembly; two members appointed by the president pro tempore of the Senate, one member
appointed by the majority leader of the Senate, one member appointed by the minority
leader of the Senate, two members appointed by the speaker of the House of Representatives, one member appointed by the majority leader of the House of Representatives,
one member appointed by the minority leader of the House of Representatives and
four members, one each from the towns of Windsor, Windsor Locks, East Granby and
Suffield, appointed by the chief elected official of each of these towns. No member
of the commission may be an employee of the state in a policy-making position. The
Commissioners of Transportation, Economic Development and Environmental Protection shall serve as ex-officio, nonvoting members of the commission. All appointments
shall be made in conformance with section 9-167a.
(c) On July 1, 1983, (1) the Governor shall appoint three members who shall serve
until July 1, 1987, and two members who shall serve until July 1, 1985, (2) the president
pro tempore of the Senate and the speaker of the House of Representatives shall each
appoint two members who shall serve until July 1, 1985, (3) the minority leader of the
Senate and the minority leader of the House of Representatives shall each appoint one
member who shall serve until July 1, 1985, and (4) the chief elected officials of Windsor,
Windsor Locks, East Granby and Suffield shall each appoint one member who shall
serve until July 1, 1987. Thereafter, members shall serve for a term of four years.
(d) Members shall receive fifty dollars for each meeting of the commission attended
and shall be reimbursed for necessary expenses incurred in the performance of their
duties.
(e) The Governor shall appoint the chairperson of the commission who shall not be
an employee of the Department of Transportation. The commission shall elect a vice-
chairman and any other officers that it deems necessary from among its membership.
The powers of the commission shall be vested in and exercised by not less than nine
members serving on the commission. This number shall constitute a quorum and the
affirmative vote of six members present at a meeting of the commission shall be necessary for any action taken by the commission.
(f) No member of the commission may have any financial interest in the airport or
any of its concessions.
(P.A. 82-316, S. 1, 6; P.A. 91-405, S. 5.)
History: P.A. 82-316 effective July 1, 1983; P.A. 91-405 increased number of commission members from fifteen to
seventeen, one additional member being appointed by majority leader of house of representatives.
See Sec. 4-38f for definition of "administrative purposes only".
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(b) The Commissioner of Transportation shall (1) submit quarterly reports to the
commission on the implementation of the airport master plan and any other information
the commission deems necessary and (2) cooperate with the commission in carrying
out its functions, including allowing the commission reasonable access to the facilities
and resources of the Department of Transportation.
(P.A. 82-316, S. 2, 6.)
History: P.A. 82-316 effective July 1, 1983.
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(P.A. 99-181, S. 35, 40.)
History: P.A. 99-181 effective June 23, 1999.
See Sec. 15-101k re scope of airport "project", as defined in Sec. 15-101l(n).
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