Revised Statues - Chapter 2 Agriculture

The Nebraska State Board of Agriculture is hereby authorized to improve and expand the grandstand and related facilities on the Nebraska State Fairgrounds and to pay the cost thereof by issuing and selling revenue bonds pledging and hypothecating the revenue and earnings from the grandstand and related facilities and the revenue from the operation of the Nebraska State Fairgrounds. The board may, by resolution or agreement, specify the terms and conditions to be performed by the board and the rights of the holders of such revenue bonds. If any proceeds from such bonds are available for investment, such investment shall be made by the state investment officer pursuant to the Nebraska Capital Expansion Act and the Nebraska State Funds Investment Act.