45-41A-10.09
Section 45-41A-10.09 Boards of the authority. (a) All bonds issued by the authority shall be
payable solely out of the revenues and receipts derived from the leasing or sale by the board
of its projects or of any thereof as may be designated in the proceedings of the board under
which the bonds shall be authorized to be issued. (b)(1) The principal of and interest on
any bonds issued by the authority shall be secured by a pledge of the revenues and receipts
out of which the same may be payable and may be secured by a mortgage and deed of trust or
trust indenture conveying as security for such bonds all or any part of the property of the
authority from which the revenues or receipts so pledged may be derived. (2) The resolution
under which the bonds are authorized to be issued and any such mortgage and deed of trust
or trust indenture may contain any agreements and provisions respecting the operation, maintenance,
and insurance of the property covered by the mortgage and deed of trust...
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45-41A-40.09
Section 45-41A-40.09 Bonds of the authority. (a) Source of payment. All bonds issued by the
authority shall be payable solely out of the revenues and receipts derived from the leasing
or sale by the board of its projects or of any thereof as may be designated in the proceedings
of the board under which the bonds shall be authorized to be issued. (b) Pledge of revenues,
receipts, and other security. (1) The principal of and interest on any bonds issued by the
authority shall be secured by a pledge of the revenues and receipts out of which the same
may be payable and may be secured by a mortgage and deed of trust or trust indenture conveying
as security for such bonds all or any part of the property of the authority from which the
revenues or receipts so pledged may be derived. (2) The resolution under which the bonds are
authorized to be issued and any such mortgage and deed of trust or trust indenture may contain
any agreements and provisions respecting the operation, maintenance, and...
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45-8A-111.09
Section 45-8A-111.09 Bonds of authority. (a) Source of payment. All bonds issued by the authority
shall be payable solely out of the revenues and receipts derived from the leasing or sale
by the board of its projects or of any thereof as may be designated in the proceedings of
the board under which the bonds shall be authorized to be issued. (b) Pledge of revenues,
receipts, and other security. The principal of and interest on any bonds issued by the authority
shall be secured by a pledge of the revenues and receipts out of which the same may be payable
and may be secured by a mortgage and deed of trust or trust indenture conveying as security
for such bonds all or any part of the property of the authority from which the revenues or
receipts so pledged may be derived. The resolution under which the bonds are authorized to
be issued and any such mortgage and deed of trust or trust indenture may contain any agreements
and provisions respecting the operation, maintenance, and insurance of...
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45-8A-20.09
Section 45-8A-20.09 Bonds of authority. (a) Source of payment. All bonds issued by the authority
shall be payable solely out of the revenues and receipts derived from the leasing or sale
by the board of its projects or of any thereof as may be designated in the proceedings of
the board under which the bonds shall be authorized to be issued. (b) Pledge of revenues,
receipts, and other security. The principal of and interest on any bonds issued by the authority
shall be secured by a pledge of the revenues and receipts out of which the same may be payable
and may be secured by a mortgage and deed of trust or trust indenture conveying as security
for such bonds all or any part of the property of the authority from which the revenues or
receipts so pledged may be derived. The resolution under which the bonds are authorized to
be issued and any such mortgage and deed of trust or trust indenture may contain any agreements
and provisions respecting the operation, maintenance, and insurance of...
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11-88-78
Section 11-88-78 Issuance of execution on appeal bond and sale of property assessed when final
judgment entered in favor of authority. In the event the final judgment is entered in favor
of the authority, execution may be issued thereon against the principal and sureties on the
appeal bond, unless the amount of the judgment is paid within 30 days from the date of such
judgment, and the court shall, by further order, direct that the property assessed be sold
to satisfy such judgment. Nothing contained in this article shall operate to release or discharge
the lien on such property, unless the assessment is fully paid. (Acts 1973, No. 826, p. 1293,
§39.)...
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11-48-39
Section 11-48-39 Appeals to circuit court from assessments - Transcript for appeal - Contents.
Upon the filing and the approval of the appeal bond, the clerk of the city or town, upon notice
thereof, shall immediately send to the clerk of the circuit court a transcript of all the
proceedings of the municipality relating to such assessment, so far as the same concerns the
property of the appellant. Such transcript shall contain a description of the property of
such party or parties, the same to be described as accurately as possible according to the
map of the city or town in common use, if there be such map, the name of the owner or owners
of such property and the amount of the assessment. (Code 1907, §1392; Code 1923, §2207;
Acts 1927, No. 639, p. 753; Code 1940, T. 37, §548.)...
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11-50-100
Section 11-50-100 Payment and redemption of bonds generally. The bonds issued under this division
shall be payable in from 10 years to 15 years from their date as determined by the council,
but any bond or bonds so issued and sold shall, at the option of the city or town, be payable
at any interest period. In the event the city or town should elect to pay off any such bond
or bonds before maturity, it shall pay as a bonus to the holder thereof a sum equal to one-fourth
the annual interest thereon, and the city or town shall give public notice of its intention
to redeem said bond or bonds, describing the same by number and series, by publication once
a week for three successive weeks in a newspaper published in said city or town or of general
circulation therein; and, if said bonds are registered, such notice shall also be sent by
registered or certified mail to the address of the registered owner thereof where such address
is shown on the book of registration. (Acts 1923, No. 165, p....
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11-42-132
Section 11-42-132 Provisions in annexation agreement as to taxation in municipality annexed.
The agreement of annexation may provide for specific property having a situs thereon embraced
in the annexed city or town to be exempt from city or town taxation or the payment of taxes
to the annexing city or town for a period not exceeding 10 years and may provide a maximum
license tax to be annually assessed and collected by the annexing city or town from each and
every person, firm, company, or corporation engaging in or carrying on any business, vocation,
occupation, or profession in the territory exempt from taxation. (Code 1907, §1153; Code
1923, §1848; Code 1940, T. 37, §215.)...
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11-48-7
Section 11-48-7 Publication of ordinance or resolution; notice to certain property owners of
ordinance or resolution. Said ordinance or resolution must be published once a week for two
consecutive weeks in some newspaper published in said city or town, and, if no newspaper is
published therein, it may be published either in a newspaper of general circulation in said
municipality or by posting for two weeks in three public places in such city or town. A copy
of said ordinance or resolution shall also be sent, by registered or certified mail, postage
prepaid, to the persons last assessed for city or town taxation, the property of whom may
be assessed for said improvements at their last known addresses, said notices to be so mailed
not less than 10 days before the meeting of the city council provided for in Section 11-48-8.
The failure of any official charged with the duty of sending such notice to send the same
or the failure of any owner of property to receive such notice, if sent by...
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11-51-19
Section 11-51-19 Sales of property for payment of taxes, etc., generally - Title acquired by
purchaser. The purchaser of property, real or personal, sold under an execution issued by
the city or town clerk shall receive a title clear of all encumbrance, except of liens held
by the state and county; provided, that the property sold is the property against which the
taxes for the payment of which the sale is had were levied. (Code 1907, §1315; Acts 1923,
No. 205, p. 217; Code 1923, §2130; Code 1940, T. 37, §676.)...
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