Port Authorities | Midpage12-3401Port authorities; definitions12-3402Port authorities; purpose; creation; modification of official plan by certain port authorities; legislative approval; tax levy; election required; dissolution12-3403Same; board of directors; membership, appointment, removal, terms, officers, quorum, expenses12-3404Same; employees; advisory board; professional help12-3405Same; area of jurisdiction12-3406Same; statement of purpose and character of work to be undertaken; general powers and authority; limitations12-3407Same; plans for development, notice and hearing; filing of objections to plan; revised plan, when12-3408Same; modification, amendment or extension of plan; notice and hearing; limitations on modification or amendment of plan by certain port authorities12-3409Same; validity of modification, amendment or extension of plan12-3411Same; inapplicability to other laws12-3412Port authorities; contracts; public bids, when required; disadvantaged business enterprises; sale or lease of property, when; exemption concerning sale of certain real or personal property12-3413Same; budget; rents and charges; surplus of funds, use12-3414Same; treasurer's bond; deposits and disbursements of funds12-3415Same; borrowing money; issuance of notes, bonds and other evidence of indebtedness; approval required12-3416Port authorities; conditions of bonds; negotiability12-3417Same; bonds; installment payment of bonds; conversion provisions12-3418Same; exercise of powers constitutes governmental function; tax exemption for property acquired, exceptions12-3419Same; payment of bonds from combined revenues; priorities; subsequent series of bonds, liens12-3420Same; issuance of bonds and refunding bonds; approval required12-3421Same; bonds not debt of state, county or city, exception; special obligations, required recitals12-3422Same; pledges of revenues and income; powers of board of directors12-3423Same; agreement with federal government12-3424Same; segregation and use of proceeds; contracts for buildings and facilities12-3425Same; approval of bonds by attorney general; effect12-3426Same; investments in bonds of authority authorized12-3427Same; borrowing money in anticipation of issuance of bonds; restrictions; failure to issue bonds, effect12-3428Same; sale of bonds; conditions12-3429Same; emergencies; contracts12-3430Same; oath and bond of trustees12-3431Same; meetings open to public; records12-3432Same; liability of trustees12-3433Same; liberal construction; severability