1. Notwithstanding any other provision of law to the contrary, in addition to other powers granted to the authority by sections 360.010 to 360.140, the authority shall have the power to issue bonds or notes or other evidences of indebtedness for the purpose of making loans to, or purchasing the notes of, or owning and leasing to or otherwise assisting the state of Missouri or its agencies, departments or boards for the purpose of financing any of the following which the state of Missouri or its agencies, departments or boards is required, permitted, or deems it necessary to provide, pursuant to or in compliance with, any past, present or future order, ruling, decree, settlement or other directive of any court of the United States of America or of the state of Missouri in connection with or in any way related to any court case involving desegregation of schools located in the state of Missouri: The cost of all or any portion of structures, buildings, fixtures, materials, equipment and any and all other capital items used in connection with the providing of primary, elementary or secondary education at or below the high school level in the state of Missouri, including, without in any way limiting the generality of the foregoing, academic structures or buildings, libraries, classrooms, places for athletic activities, places of learning, laboratories, places in which to provide health care, places in which to house maintenance equipment and supplies, storage places, places in which to locate utilities, administration facilities, student union facilities, communication or technological facilities, as well as other structures or appurtenances related thereto required or useful for the instruction or training of students and related research and activities, and also for the cost of all or any portion of student, teacher, counselor, employee, administrator, or other individual’s school transportation, and salaries and other benefits and costs of teachers, counselors, employees, administrators or other individuals, and all related costs of such financings, including, but not limited to, all costs, charges, fees and expenses of underwriters, attorneys, consultants, accountants and the authority.

2. The authority shall have the power to cooperate with and assist the state of Missouri or its agencies, departments or boards in providing the financing described herein. In connection with any financing pursuant to the power granted in this section, the authority shall have all powers as set forth elsewhere in sections 360.010 to 360.040.

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Terms Used In Missouri Laws 360.109

  • following: when used by way of reference to any section of the statutes, mean the section next preceding or next following that in which the reference is made, unless some other section is expressly designated in the reference. See Missouri Laws 1.020
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • State: when applied to any of the United States, includes the District of Columbia and the territories, and the words "United States" includes such district and territories. See Missouri Laws 1.020
  • United States: includes such district and territories. See Missouri Laws 1.020