§10-23 Authorization of office projects and loan programs; issuance of revenue bonds. Authorization of acquisition, purchase, construction, reconstruction, improvement, betterment, extension, or maintenance of an office project or projects or the establishment, funding, and administration of any loan program, and authorization for issuance of revenue bonds under this part shall be by resolution or resolutions of the board. The resolution may be adopted at the same meeting at which it is introduced by a majority of all the members of the board then in office and shall take effect immediately upon adoption. [L 1994, c 283, pt of §2(2); am L 2013, c 171, §5]
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