Federal Assistance to Increase Public School Construction: Hearings Before the Committee on Labor and Public Welfare, United States Senate, Eighty-fourth Congress, First Session, on S. 968, a Bill to Authorize Federal Assistance to States and Communities to Enable Them to Increase Public Elementary and Secondary School ConstructionU.S. Government Printing Office, 1955 - 388 pages |
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Page 2
... obligations issued by local educational agencies to finance school construction where such obligations cannot otherwise be marketed at reasonable rates of interest ; ( 2 ) support by the Federal Government , with the participation of ...
... obligations issued by local educational agencies to finance school construction where such obligations cannot otherwise be marketed at reasonable rates of interest ; ( 2 ) support by the Federal Government , with the participation of ...
Page 3
... OBLIGATIONS ; LIMITATIONS SEC . 103. ( a ) ( 1 ) Obligations purchased under this title may be either general or special obligations of a local educational agency , shall be purchased at par or face value , shall be in such form and be ...
... OBLIGATIONS ; LIMITATIONS SEC . 103. ( a ) ( 1 ) Obligations purchased under this title may be either general or special obligations of a local educational agency , shall be purchased at par or face value , shall be in such form and be ...
Page 4
... obligations to finance the construction of public elementary and second- ary school facilities for rental to , and ultimate ownership by , local educational agencies , the Commissioner is authorized , as provided in this title , to ...
... obligations to finance the construction of public elementary and second- ary school facilities for rental to , and ultimate ownership by , local educational agencies , the Commissioner is authorized , as provided in this title , to ...
Page 5
... obligations , the Commissioner shall advance to such State school building agency for deposit in the basic reserve fund for such issue an amount equal to one - half of the maximum annual debt service of such obligations . Such advance ...
... obligations , the Commissioner shall advance to such State school building agency for deposit in the basic reserve fund for such issue an amount equal to one - half of the maximum annual debt service of such obligations . Such advance ...
Page 6
... obligations of a State school- building agency shall provide- ( a ) that ( 1 ) all such obligations shall mature in not more than thirty- two years from the earliest date of any of such obligations and the first payment of principal ...
... obligations of a State school- building agency shall provide- ( a ) that ( 1 ) all such obligations shall mature in not more than thirty- two years from the earliest date of any of such obligations and the first payment of principal ...
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Common terms and phrases
additional administration amendment amount BARTMAN believe bond issue borrow BROWNELL build schools CARR Chairman HILL chief State school City rate includes classrooms Commissioner of Education committee communities constitutional cost debt limits debt service Doctor educational agency February 16 Federal aid Federal control Federal funds Federal Government Federal grants FULLER Georgia Hill bill HIPP interest rate Jersey JUDD lease legislation legislature LINDMAN LISTER HILL loans MCGEE ment million National National Education Association obligations payment Pennsylvania percent present problem projects proposed public schools purchase purposes question rent rental require reserve fund school board school building agency school building authority school construction school districts school facilities school officers school systems Secretary HOBBY Senator ALLOTT Senator DOUGLAS Senator IVES Senator LEHMAN Senator MCNAMARA Senator PURTELL Senator SMITH statement testimony tion United Zanesville
Popular passages
Page 12 - State educational agency" means the State board of education or other agency or officer primarily responsible for the State supervision of public elementary and secondary schools, or, if there is no such officer or agency, an officer or agency designated by the Governor or by State law. (d) The term "local educational agency...
Page 10 - ... will be paid wages at rates not less than those prevailing on similar construction in the locality as determined by the Secretary of Labor in accordance with the Davis-Bacon Act...
Page 2 - United States for the three most recent consecutive years for which satisfactory data are available from the Department of Commerce. Such promulgation shall be conclusive for each of the two fiscal years in the period beginning July 1 next succeeding such promulgation...
Page 3 - In the performance of, and with respect to, the functions, powers, and duties...
Page 13 - ... the court the record of the further proceedings. Such new or modified findings of fact shall likewise be conclusive if supported by substantial evidence.
Page 13 - The Commissioner may delegate any of his functions under this Act. except the making of regulations, to any officer or employee of the Office of Education.
Page 237 - ... including the payment of any redemption premium thereon and any interest accrued or to accrue to the date of redemption of such bonds...
Page 7 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations issued hereunder and for that purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under that Act, as amended, are extended to include any purchase of such notes and obligations.
Page 10 - Islands, which is less than $5,000) shall be increased to that amount, the total of the increases thereby required being derived by proportionately reducing the allotments to each of the remaining States under the preceding sentence, but with such adjustments as may be necessary to prevent the allotment of any of such remaining States from being thereby reduced to less than that amount.
Page 381 - Compulsory school attendance laws and the great expenditures for education both demonstrate our recognition of the importance of education to our democratic society. It is required in the performance of our most basic public responsibilities, even service in the armed forces. It is the very foundation of good citizenship.