Community Facilities Act of 1959: Hearings Before Subcommittee No.1 of the Committee on Banking and Currency, House of Representatives, Eighty-sixth Congress, First Session, on H.R. 5944 ... |
Other editions - View all
Common terms and phrases
1950 population administration AFL-CIO ASHLEY assistance Authority Beechwood Village BIEMILLER bill Bonded debt Brent Spence BROWN building CALLISON CALVERT Chairman committee community facilities Congress construction County Sewer County Water District economic facility loans Federal Government funds going grants growth HAZELTINE Hill-Burton Act Home Finance Agency hospital facilities Housing and Home increased industry interest cost interest rate Kentucky LAMKIN legislation loan program ment million MITNICK municipal bonds Municipal water munities nursing homes Oakland County obligations percent problem projects proposed public facilities public health rate of interest revenue bonds river Sanitary District SCORE Maximum septic tanks sewage disposal sewage treatment sewer bonds sold Sewer District sewer facilities Sewer Revenue sewer systems sewerage SPENCE statement Thank tion Total towns treatment plant Water and Sewer water pollution water pollution control Water Revenue Water Works Revenue WIDNALL
Popular passages
Page 2 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations of the Administration to be issued hereunder, and for such purpose the Secretary of the Treasury 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 such Act, as amended, are extended to include any purchases of such notes and obligations.
Page 2 - ... interest-bearing obligations of the United States then forming a part of the public debt ; except that where such average rate is not a multiple of one-eighth of 1 per centum...
Page 3 - In the performance of, and with respect to, the functions, powers, and duties...
Page 2 - Act, as amended, is amended — ( 1 ) by striking out the period at the end of "paragraph (5) "and inserting in lieu thereof "; and"; and (2) by adding after paragraph (5) a new paragraph as follows: "(6) to make such loans (either directly or in cooperation with banks or other lending institutions through agreements to participate on an immediate or deferred basis) as the Administration may determine to be necessary or appropriate to assist...
Page 33 - Such notes or other obligations shall bear interest at a rate determined by the Secretary of the Treasury which shall not be more than the average annual interest rate on all interest-bearing obligations of the United States then forming a part of the public debt as computed at the end of the fiscal year next preceding the issuance by the Administrator of such notes or other obligations, and adjusted to the nearest one-eighth of 1 per centum.
Page 3 - SEC. 513. The Administrator shall take such action as may be necessary to insure that all laborers and mechanics employed...
Page 3 - State, by the municipality or other political subdivision in which the facility is located) , for the accommodation of convalescents or other persons who are not acutely ill and not in need of hospital care but who require skilled nursing care and related medical services...
Page 3 - Act shall be paid wages at rates not less than those prevailing for the same type of work on similar construction in the immediate locality, as determined by the Secretary of Labor, in accordance with the Act of March 3, 1931, as amended, known as the Davis-Bacon Act (46 Stat.
Page 136 - Secretary is authorized to make grants to any State, municipality, or intermunicipal or interstate agency for the construction of necessary treatment works to prevent the discharge of untreated or inadequately treated sewage or other waste into any waters and for the puipose of reports, plans, and specifications in connection therewith.
Page 2 - Commissioner with the approval of the Secretary of the Treasury. Such notes or other obligations shall bear interest at a rate determined by the Secretary of the Treasury...