10 Flashcards
In a E.D. action, the Clerk recovers 10% of what?
Any interest Clerk earned by investing the CR’s deposit.
What notice is required to amend CP?
TOTAL of 2 ads for 2 PHs on wkdays (1 ad each), 1 PH held after 5 p.m. unless vote y maj + 1 (Marion)
———–
TRANSMITTAL HEARING
Weekday @ least 7 days after date of 1st ad.
ADOPTION HEARING
Weekday @ least 5 days after date of 2nd ad + 10 days after Transmittal.
What does LG have 10 days to do, re: selling bonds?
Must give notice to the public of the sale @ least 10 days in advance.
State 11 times that 10 (notices, rules, etc.) applies.
(1) Muni proj 180 - 10 days elapse b/w bid & K.
(2) Ktor pay subs.
(3) Failure to discl = $10k.
(4) 10 days revised inv + 4 to dispute.
(5) $10M small issuer exemption
(6) Sale of bonds.
(7) Mat event timely mner no more 10 bus days.
(8) 1 PH non-land Ordinance.
(9) Local Process - 10 day appeal Q-J on CP.
(10) FLUEDRA - get magis.
(11) To amend CP, Transmittal Hearing is 7 days after 1st ad; Adoption Hearing is 5 days aft 2nd ad, 10 days aft Transmittal.
* TESTWORTHY*
What does 10% trigger on RIPE’s financial disclosure forms? Which form?
1st Inc: $2.5 OR 5% 2d Inc: disclose bus + 10% gross BUS cust if: own 5% + rec $5k OR own 5% + rec $1.5k + 10% INDIV gross inc ----------- RE: own 5%. ----------- Intang: $10k value OR 10% of assets Debts: $10k OR exceed net worth
What work is covered by 255.20?
Public Construct
Inc. bridges, roads, streets, hiways, RRs
• May req qualf
• DQ if 10% behind
• Prequl by DOT
How is 10% related to preferences?
May set up to 10% aside
+
Encourage 20% bond writing
Equal protection suit @ 30%
What is a UNIQUE procedural step in Muni Pub Works no found elsewhere?
10 days must elapse b/4 rec bids & sign K. (unique)
What’s the significance of $10k to 180 muni pub works?
MATERIALS dollar threshold requiring advertisement of Muni Pub Works materials.
What is exempt from competitive bidding, re: Muni Pub Works?
180 [MUNI PUB WRKS]
- Construct $25k or less
- Materials $10k or less.
Limits of 163.01 Creation + Powers of New Entity (Amended 2021)
Hint: 163.01 = Interlocal Act for services + facilities
Limits:
1. Consent of existing pub utility to serve in same area.
2. No ED over existing W or WW
3. If acquire by ED, 10 yrs must elapse before get title.
4. Any limits set forth in Interlocal.
State Form 1’s Pattern.
1st Inc: $2.5 OR 5% ----------- 2d Inc: disclose bus + 10% gross BUS cust if: own 5% + rec $5k OR own 5% + rec $1.5k + 10% INDIV gross inc ----------- RE: own 5%. ----------- Intang: $10k value OR 10% of assets ----------- Debts: $10k OR exceed net worth
Form 1’s Pattern summarized.
1st Inc: $2.5 OR 5% ----------- 2d Inc: disclose bus + 10% gross BUS cust if: own 5% + rec $5k OR own 5% + rec $1.5k + 10% INDIV gross inc ----------- RE: own 5%. ----------- Intang: $10k value OR 10% of assets Debts: $10k OR exceed net worth
State Form 6’s Pattern.
FORM 6 ----------- 1 ---------- 1+5% ---------- 1 ---------- 1 1) Income over $1k. 2) 2nd Income = over $1k AND own 5% 3) Assets over $1k. 4) Creditors owed $1k. 5) Net work [assets - creditor = new worth]
Form 6’s Pattern summarized.
FORM 6 ----------- $1K = everything. 1st inc: $1k 2d inc: $1k + 5% assets: $1k crdtrs: $1k