Title 50, Chapter 32, Section 30
( 50-32-30)
In accomplishing its purposes pursuant to the provisions of this
chapter, the authority may utilize, unless otherwise prohibited by
law, any combination of the following funding resources: (1) Revenue bonds as authorized by this chapter; (2) Guaranteed revenue bonds as authorized by this chapter; (3) Funds obtained in a special district created and activated
pursuant to this chapter, for the purposes of providing local land
transportation and air quality services within such district or,
by contract with, between, and among local governments within such
special districts, throughout such districts; (4) Moneys borrowed by the authority pursuant to the provisions of
this chapter; (5) Such federal funds as may from time to time be made available
to the authority or for purposes coincident with the purposes of
the authority within the territory over which the authority has
jurisdiction; and (6) Such grants or contributions from persons, firms,
corporations, or other entities as the authority may receive from
time to time. |