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41-10-627
Section 41-10-627 Refunding bonds. (a) Any bonds issued by the authority may from time to time
be refunded by the issuance, sale, or exchange of refunding bonds for the purpose of paying
the following items: (1) All or any part of the principal of the bonds to be refunded. (2)
Any redemption premium required to be paid as a condition to the redemption prior to maturity
of any such bonds that are to be so redeemed in connection with such refunding. (3) Any accrued
and unpaid interest on the bonds to be refunded. (4) Any interest to accrue on each bond to
be refunded to the date on which it is to be paid, whether at maturity or by redemption prior
to maturity. (5) The expenses incurred in connection with the refunding. (b) Any refunding
bonds may be sold by the authority at public or private sale at such price or prices as may
be determined by the authority to be most advantageous, or may be exchanged for the bonds
to be refunded. Any such refunding bonds may be executed and delivered by...
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11-58-10
Section 11-58-10 Refunding bonds. Any bonds issued by a corporation organized under this chapter
and at any time outstanding may at any time and from time to time be refunded by the corporation
by the issuance of its refunding bonds in such amount as the board of directors may deem necessary
but not exceeding the principal amount of the bonds to be refunded, any expenses estimated
to be incurred in connection with such refunding and interest (accrued or to accrue) to the
respective maturities of the bonds to be refunded or, if the bonds to be refunded are to be
called for redemption, either on the earliest date on which under their terms they may be
redeemed or some other date or dates, the interest (accrued or to accrue) on the bonds to
be refunded to the date or dates on which they are to be called for redemption plus the amount
of any redemption premium required by their terms to be paid as a condition to their redemption
prior to their respective maturities. Any such refunding may...
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11-9-26
Section 11-9-26 Issuance of warrants deemed to constitute audit and allowance of claim. The
issuance of warrants and any interest coupons applicable thereto pursuant to the provisions
of this article and in accordance with the authorization of the county commission of the county
issuing such warrants shall be deemed to constitute an audit and allowance by such county
commission of a claim, in the aggregate principal amount of such warrants and interest coupons,
against the county and against any tax proceeds and any revenues or either thereof pledged
for payment of such warrants pursuant to the provisions of this article. No proof of registration
or other audit or allowance of such claim shall be required and such warrants and interest
coupons shall, from and after the date of their lawful issuance, be deemed to be allowed claims
against the county by which they were issued and against any tax proceeds and revenues or
either so pledged therefor. (Acts 1973, No. 1128, p. 1901, §7.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-9-26.htm - 1K - Match Info - Similar pages
22-21-184
Section 22-21-184 Refunding securities. (a) The corporation may, at any time and from time
to time, issue refunding securities for the purpose of refunding any securities of the corporation
theretofore issued under Section 22-21-182 and then outstanding, whether or not such securities
shall have matured or are redeemable at the option of the corporation at the time of such
refunding; provided, however, that the maximum principal of securities that the corporation
may at any time issue for refunding purposes shall not exceed the sum of: (1) The outstanding
principal or face amount of the securities being refunded; (2) The unpaid interest accrued
thereon to the date that such refunding securities are issued; (3) Any redemption premium
necessary to be paid in order to redeem the securities to be refunded; and (4) The expenses
estimated to be incurred in connection with such refunding. (b) The principal proceeds derived
by the corporation from the sale of any refunding securities shall be...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/22-21-184.htm - 3K - Match Info - Similar pages
33-13-11
Section 33-13-11 Bonds - Refunding Bonds. The authority may from time to time sell and issue
refunding bonds for the purpose of refunding any matured or unmatured bonds then outstanding
that were originally issued under this chapter. To the extent they may be applicable, the
provisions of this chapter pertaining to the authorization, sale, execution, redemption, maximum
interest rate, maturities, issuance and other details of the bonds, shall apply to such refunding
bonds. The total principal amount of bonds that may be initially issued hereunder under the
provisions of the first sentence of Section 33-13-9 is hereby expressly limited to $45,000,000.00;
and the total amount of refunding bonds that may be issued hereunder is hereby expressly limited
to the principal amount of the bonds that are to be refunded by any such refunding bonds.
(Acts 1975, 2nd Ex. Sess., No. 78, p. 206, §11.)...
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45-32-150.16
Section 45-32-150.16 Disposition of funds. All fees, commissions, taxes, and other monies,
including fines and forfeitures, received under this part shall be paid to the Treasurer of
Greene County and deposited by the treasurer in the county treasury to the account of the
Greene County Racing Commission. All such monies remaining, after payment of expenses incurred
in the administration of this part, including the payment of the salaries and expenses of
the members and employees of this commission, shall be distributed on a quarterly basis as
follows: (1) There shall be distributed to the Greene County Commission an amount not to exceed
two hundred thousand dollars ($200,000) per year: a. To pay principal of and interest on bonds,
warrants or other securities at any time thereafter issued by the Greene County Commission
for the purpose of providing and equipping the existing jail facility; or constructing new
jail facilities and renovating, improving, and equipping existing jail...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-32-150.16.htm - 6K - Match Info - Similar pages
45-37-162.02
Section 45-37-162.02 Notice and hearing. (a) The county may not issue debt unless it gives
notice of the proposed debt issuance as provided in subsection (b) and a hearing is held as
provided in Section 45-37-162.03. The county may not enter into a swap agreement unless notice
of the proposed swap agreement is given as provided in subsection (d), a hearing is held as
provided in Section 45-37-162.03, and competitive bids for the swap agreement are requested
as provided in Section 45-37-162.04. (b) The county shall provide notice of a public hearing
on the proposed issuance of debt. The notice shall be published in a newspaper of general
circulation in the county not less than four days before the public hearing and shall include
a brief description of all of the following information with respect to the proposed debt:
(1) The maximum principal amount of debt to be issued and the purpose or purposes for which
the debt is to be issued. (2) The interest rate or rates on the debt, if...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-37-162.02.htm - 5K - Match Info - Similar pages
11-28-6
Section 11-28-6 Issuance of warrants constitutes audit and allowance of claim. The issuance
of warrants and any interest coupons applicable thereto, pursuant to the provisions of this
chapter and in accordance with the authorization of the county commission of the county issuing
such warrants, shall be deemed to constitute an audit and allowance by such county commission
of a claim, in the aggregate amount of such warrants and the interest thereon, against such
county and against any pledged funds pledged for the payment of the principal of and interest
on such warrants pursuant to the provisions of this chapter. No proof of registration or other
audit or allowance of such claim shall be required and such warrants and the interest thereon
shall, from and after the date of their lawful issuance, be deemed to be allowed claims against
the county by which they were issued and against any pledged funds so pledged therefor. (Acts
1983, 1st Ex. Sess., No. 83-75, p. 78, §6; Acts 1983, 4th...
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11-9-2
Section 11-9-2 Authority for issuance; form, terms, denominations, etc.; sale and disposition
of proceeds; pledge for payment of principal and interest generally. Each county which is
now levying or may hereafter levy a special sanitary tax shall have the power from time to
time to sell and issue, in addition to all other securities which it may now or hereafter
be authorized to issue, interest-bearing warrants or certificates of indebtedness of such
county for the purpose of paying the costs of acquiring, providing, constructing, enlarging
or extending a sanitary sewer system or systems or any part or parts thereof, including sanitary
sewers, outfall lines, a sewage disposal plant or plants and appurtenances to any thereof;
provided, that the maximum principal amount of warrants and certificates of indebtedness that
may be issued under the provisions of this article shall not exceed $1,500,000.00. Any such
warrants or certificates of indebtedness may be in such denomination or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-9-2.htm - 2K - Match Info - Similar pages
40-7-96
Section 40-7-96 Issuance of warrants deemed to constitute audit and allowance of claim. The
issuance of warrants and any interest coupons applicable thereto, pursuant to the provisions
of this division and in accordance with the authorization of the governing body of the county
issuing such warrants, shall be deemed to constitute an audit and allowance by such governing
body of a claim, in the aggregate principal amount of such warrants and interest coupons,
against the county and against any tax proceeds and any revenues or funds, or any thereof,
pledged for payment of such warrants pursuant to the provisions of this division. No proof
of registration or other audit or allowance of such claim shall be required, and such warrants
and interest coupons shall, from and after the date of their lawful issuance, be deemed to
be allowed claims against the county by which they were issued and against any tax proceeds,
revenues and funds, or any of them, so pledged thereof. (Acts 1973, No....
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-7-96.htm - 1K - Match Info - Similar pages
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