45-38-141.06
Section 45-38-141.06 Financial powers and rights. (a) The authority organized or operating
pursuant to this part, in addition to all other powers now or hereafter granted by law, shall
have the following powers and rights: (1) To borrow money for use for any of its corporate
purposes. (2) To sell, transfer, convey, grant options to purchase, or lease all or any part
of its system or systems for such consideration and on such terms as it shall deem advisable
and in the best interest of the authority. (3) To consent and agree to the assignment or payment
of any income received from the investment of any moneys or funds of the authority to any
other public corporation or public entity, including, without limitation, the county or the
State of Alabama. (4) To loan or advance its funds to any person at such, if any, interest
as it shall determine, for the purpose of financing the construction of a system or any part
thereof. (5) To contract with others for the construction of all or any...
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11-54-22
Section 11-54-22 Powers of municipalities generally as to acquisition, leasing, etc.,
of projects for industry, trade, and pollution control. In addition to any other powers which
it may now have, each municipality shall have the following powers: (1) To acquire and, in
connection with such acquisition, to enlarge, improve, and expand, whether by construction,
purchase, gift, or lease, one or more projects which shall be located within this state and
may be located within or without the municipality or partially within or partially without
the municipality, but which shall not be located more than 15 miles outside of the corporate
limits of the municipality; (2) To lease to others any or all of its projects for such rentals
and upon such terms and conditions as the governing body may deem advisable and as shall not
conflict with the provisions of this article; and (3) To issue revenue bonds for the purpose
of defraying the cost of acquisition by construction and purchase and, in...
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45-29-140.06
Section 45-29-140.06 Financial powers and rights. (a) The authority organized or operating
pursuant to this article, in addition to all other powers now or hereafter granted by law,
shall have the following powers and rights: (1) To borrow money for use for any of its corporate
purposes. (2) To sell, transfer, convey, grant options to purchase, or lease all or any part
of its system or systems for such consideration and on such terms as it shall deem advisable
and in the best interest of the authority. (3) To consent and agree to the assignment or payment
of any income received from the investment of any moneys of funds of the authority to any
other public corporation or public entity including, without limitation, the county or the
State of Alabama. (4) To loan or advance its funds to any person at such, if any, interest
as it shall determine, for the purpose of financing the construction of a system or any part
thereof. (5) To contract with others for the construction of all or any...
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45-30-250.06
Section 45-30-250.06 Additional powers and rights. (a) The authority, in addition to
all other powers now or hereafter granted by law, shall have the following powers and rights:
(1) To borrow money for use for any of its corporate purposes. (2) To sell, transfer, convey,
grant options to purchase, or lease all or any part of its system or systems for consideration
and on terms deemed advisable and in the best interest of the authority. (3) To consent and
agree to the assignment or payment of any income received from the investment of any moneys
or funds of the authority to any other public corporation or public entity, including, without
limitation, the county or the state. (4) To loan or advance its funds to any person with or
without interest as it shall determine, for the purpose of financing the construction of a
system or any part thereof. (5) To contract with others for the construction of all or any
part of a system or systems. (b) The moneys held in any special fund...
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45-47-250.06
Section 45-47-250.06 Additional powers and rights. (a) The authority organized or operating
pursuant to this article, in addition to all other powers now or hereafter granted by law,
shall have the following powers and rights: (1) To borrow money for use for any of its corporate
purposes. (2) To sell, transfer, convey, grant options to purchase, or lease all or any part
of its system or systems for such consideration and on such terms as it shall deem advisable
and in the best interest of the authority. (3) To consent and agree to the assignment or payment
of any income received from the investment of any moneys or funds of the authority to any
other public corporation or public entity including, without limitation, the county or the
State of Alabama. (4) To loan or advance its funds to any person at such, if any, interest
as the authority shall determine, for the purpose of financing the construction of a system,
or any part thereof. (5) To contract with others for the construction of...
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45-9-91.20
Section 45-9-91.20 Establishment and designation; services; regulation of industrial
parks. (a) Subject to the written approval of the owners of 100 percent in interest based
on assessed value for ad valorem tax purposes of each 10 acres, or the part thereof to be
included in the proposed industrial park, the County Commission of Chambers County in the
State of Alabama may establish industrial parks composed of territory wholly within the county
boundaries and without the boundaries of any municipality. Any person, firm, or corporation
who desires to obtain a designation of an area as an industrial park shall file a petition
with the county commission of the county wherein the property is located requesting that the
county commission designate the area proposed as an industrial park, and include with such
petition the consent of the land owners as above required. The consent of each consenting
owner shall be acknowledged before a notary public or other person authorized to take...
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11-54-52
Section 11-54-52 Powers of municipalities generally as to acquisition, leasing, etc.,
of projects for provision of buildings and other facilities for certain national organizations.
In addition to any other powers which it may now have, each municipality shall have the following
powers: (1) To acquire, whether by construction, purchase, gift, or lease, and to equip one
or more projects, which shall be located within this state and may be located within or without
the municipality or partially within or partially without the municipality, but which shall
not be located more than 15 miles outside of the corporate limits of the municipality; (2)
To improve, enlarge, expand, equip, furnish, insure, and maintain one or more projects; (3)
To lease to others any or all of its projects or any part thereof for such rentals and upon
such terms and conditions as the governing body may deem advisable and as shall not conflict
with the provisions of this article and to grant options to renew or...
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23-2-144
Section 23-2-144 Powers of the authority. (a) The authority shall have the following
powers: (1) To adopt bylaws for the regulation of its affairs and the conduct of its business.
(2) To adopt an official seal and alter the same at pleasure. (3) To maintain a principal
office and branch offices at the place or places within the state as it may designate. (4)
To sue and be sued in its own name, including suits in tort. (5) With the consent and approval
of the department, to acquire and construct toll road, bridge, or tunnel projects at locations
as the authority may determine to be desirable, practicable, and economically feasible and
to maintain, repair, and operate the projects. (6) To issue toll road, bridge, or tunnel revenue
bonds of the authority for any of its corporate purposes, payable solely from its tolls, other
revenues, and proceeds of the bonds, and to refund its bonds, all as provided in this article.
No bonds issued under the provisions of this article shall constitute a...
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33-16-2
Section 33-16-2 Legislative intent; construction of chapter. The Legislature hereby
makes the findings of facts and declaration of intent hereinafter set forth in this section.
The construction of a navigable waterway between Montgomery and Gadsden and to the Alabama-Georgia
boundary, utilizing the channel of the Coosa River, would provide a new transportation route
of great importance and would stimulate the development of commerce, agriculture and industry
in many sections of the state. It is the intention of the Legislature by the passage of this
chapter to implement the provisions of Amendment No. 287 of the Constitution of Alabama. In
order to further the developments herein found to be beneficial, it is the intention of the
Legislature to authorize the formation of a public corporation for the following purposes:
(1) To cooperate with the United States, the State of Alabama, other participating states,
counties and municipalities, with all agencies, departments and...
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45-26-142.10
Section 45-26-142.10 Powers of district; bylaws. (a) The district shall constitute a
public corporation, which shall have the power to do any and all acts or things necessary
and convenient for carrying out the purposes for which it is created, including, but not limited
to, all of the following: (1) To sue and be sued. (2) To have a seal and alter the same at
pleasure. (3) To acquire, hold, and dispose of property, real and personal, tangible and intangible,
or interests therein and to pay therefor in cash or on credit, and to secure and procure payment
of all or any part of the purchase price thereof on the terms and conditions as the board
shall determine. (4) To acquire, own, operate, maintain, and improve a system or systems.
(5) To pledge all or any part of its revenues, or mortgages, or otherwise encumber, all or
any part of its property for the purpose of securing the payment of the principal of and interest
on any of its obligations. (6) To sell, lease, mortgage, or otherwise...
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