11-50-12
Section 11-50-12 Combination of electric light and power plants, etc., and waterworks plants,
etc.; use of electric light and power plants, etc., and disposition of revenues therefrom.
All cities and towns which own and operate an electric light plant or system or any power
plant of any kind may combine such electric light and power plants and system with the waterworks
or waterworks system owned and operated by the city or town, and the receipts and revenues
derived from the electric light plant and works or from such power plant may be applied in
payment of or pledged to secure the payment of any indebtedness incurred by the city or town
in the construction, maintenance, or extension of its waterworks system or any additions or
improvements thereto; and any electric or hydroelectric power or power plant of similar kind
owned and operated by any of the cities and towns within the provisions of this section may
use such lighting or power plants and systems for the operation of its...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-12.htm - 1K - Match Info - Similar pages

11-50-8
Section 11-50-8 Execution of mortgages or deeds of trust as security for debts, etc., incurred
in construction, acquisition, etc., of waterworks, electric lighting, or power plants, etc.
All cities and towns, in order to secure the prompt and faithful payment of the principal
and interest of all debts, bonds, or other evidence of indebtedness heretofore or hereafter
incurred or issued by such cities or towns for the construction, acquisition, extension, or
maintenance of waterworks systems or plants, electric lighting plants or systems or power
plants or systems, whether such plants or systems are owned and operated separately or in
conjunction, may execute a mortgage or deed of trust upon any or all of any such plants or
systems and all property used in connection therewith, including the franchise or any part
thereof, whether such property is now owned or hereafter acquired by such city or town. (Acts
1921, Ex. Sess., No. 8, p. 6; Code 1923, §2006; Acts 1933, Ex. Sess., No. 9, p. 6;...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-8.htm - 1K - Match Info - Similar pages

11-50-1
Section 11-50-1 Establishment, purchase, etc., of waterworks, gas or electric plants by municipalities
generally; contracts for furnishing of water, gas, or electricity; regulation of gas, electricity,
and water rates and quality. Cities and towns shall have the right to establish, purchase,
maintain, and operate waterworks or contract for a supply of wholesome water for their inhabitants;
to establish, purchase, maintain, and operate a gas or electric light works and to contract
for the furnishing of gas or electricity to the city or town and surrounding territory; to
regulate the manner and rates for furnishing gas, electricity, and water after expiration
of a contract; and to prescribe the quality of gas or electricity furnished to the inhabitants
by any person or corporation. (Code 1907, §1260; Code 1923, §2001; Code 1940, T. 37, §360.)...

alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-1.htm - 1K - Match Info - Similar pages

11-81-51
Section 11-81-51 Purposes for which bonds may be issued. All municipalities shall have full
and continuing power and authority within the limits of the Constitution now in effect or
that may be hereafter provided to issue and sell bonds (when such issue is authorized by an
election as provided in this article if such election is required by the Constitution, but
without an election if an election is not so required) for the following named purposes: (1)
For the purpose of constructing, reconstructing, enlarging or extending public buildings,
sewers, streets, alleys, bridges and public schoolhouses and buildings and of constructing
or acquiring by purchase or otherwise water, electric light, electric power and gas plants
and systems or any two or more such plants or systems combined, including transmission and
distribution systems, and of constructing enlargements and extensions to any such plants or
systems; (2) For the purchase of real estate necessary for any improvement authorized...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-81-51.htm - 7K - Match Info - Similar pages

11-81-1
Section 11-81-1 Execution of mortgages to secure bonds and indebtedness incurred in purchase,
construction, extension, etc., of school buildings or waterworks, gas, light, etc., plants.
Any city or town of the State of Alabama that may hereafter construct or purchase school buildings,
a waterworks plant, gas plant, electric light plant, or other light and power plant or extend
or enlarge a waterworks plant or light and power plant then owned by such city or town, may,
through its mayor and aldermen or other governing body execute a mortgage on the school buildings,
the waterworks plant or light and power plant purchased or constructed by such city or town
to secure the bonds and indebtedness and interest on such bonds and indebtedness created in
the purchase, construction, extension or enlargement of such school buildings, waterworks
plant or light and power plant, such mortgage to be signed by the mayor and countersigned
by the clerk of said city or town or by such other person or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-81-1.htm - 1K - Match Info - Similar pages

11-47-3
Section 11-47-3 Contracts and indebtedness for municipal buildings and public utility systems;
consolidation of systems; ancillary service contracts. (a) The governing body of any city
or town may contract for the construction, reconstruction, extension, or repair of any municipal
building, plant, waterworks system, or electric light and power plant or system or may on
credit employ labor and purchase on credit all materials and supplies needed in such construction,
reconstruction, extension, or repair and may, without an election, issue evidences of indebtedness
in the forms and of the maturities described in Section 11-47-2 to the extent of any indebtedness
incurred in such contract or purchase or construction, reconstruction or extension and may
secure such evidences of indebtedness by mortgage or deed of trust (in such form and with
such provisions as such governing body may determine) on such municipal building, plant, waterworks
system, or electric light and power plant or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-47-3.htm - 2K - Match Info - Similar pages

11-50-6
Section 11-50-6 Issuance of bonds for payment for waterworks plants, etc., purchased; security
for bonds; provision in purchase agreement as to disposition of revenues from plants, etc.
In payment for such plants, cities or towns may issue their bonds in the manner provided by
law, and the same may be secured by a mortgage or deed of trust on the plants so purchased.
By the terms of such purchase it may be provided that the revenue of such waterworks may be
collected, controlled, and disbursed by a commission selected in the manner and having the
powers and term of office which may be agreed upon between the vendor of such plant and such
city or town. (Code 1907, §1262; Code 1923, §2004; Code 1940, T. 37, §365.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-6.htm - 1K - Match Info - Similar pages

11-81-16
Section 11-81-16 Pledge of revenues from certain taxes, utilities, etc., for payment of principal
and interest on bonds. In any case in which a county or municipality may hereafter issue any
bonds which are general obligations of such county or municipality, there may be pledged to
the payment of the principal of an interest on such bonds all or any part or portion of funds
which may be derived from any one or more of the following sources and which shall not be
required for the purpose of making good any valid pledge thereof theretofore made or which
are not required by the Constitution to be devoted to other purposes and which such county
or municipality may at any time be authorized to levy, collect or receive: (1) The proceeds
of any property tax; (2) The proceeds of any license, privilege or occupational tax, excepting
such license taxes as may be levied by municipalities for conducting business outside their
corporate limits; (3) The portion of any license, privilege or...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-81-16.htm - 3K - Match Info - Similar pages

11-81-200
Section 11-81-200 Acquisition, extension, operation, etc., of power plants, power lines, electric
systems, etc., by counties or municipalities authorized; acquisition of rights-of-way. (a)
Any county or municipal corporation within this state is hereby authorized and empowered to
acquire by purchase, construction, condemnation or otherwise and to maintain, extend, improve
and operate electric light plants, power plants, power lines and electric distribution systems
together with the extension and the appurtenances thereto and all the property, tangible and
intangible and of like or different kind to be used or useful in connection therewith, either
within or without or partly within and partly without the corporate limits of such municipal
corporation or the boundaries of such county, under the provisions of this article for the
purpose of producing, obtaining, distributing or furnishing an adequate supply of electricity
for public, industrial, business, domestic, light, power or other...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-81-200.htm - 2K - Match Info - Similar pages

11-51-129
Section 11-51-129 Street railroads, electric, gas, and waterworks companies, etc. The maximum
amount of privilege or license tax which the several municipalities within the state may annually
assess and collect of persons operating electric or hydroelectric street railroads, electric
light and power companies, gas companies, waterworks companies, pipe line companies for transporting
or carrying gas, oil, gasoline, water or other commodities, gas distributing companies, whether
by means of pipe lines or by tanks, drums, tubes, cylinders, or otherwise, heating companies
or other public utilities, incorporated under the laws of this state or any other state or
whether incorporated at all or not, except telephone and telegraph companies, railroad and
sleeping car companies and express companies which are otherwise licensed shall not exceed
three percent of the gross receipts of the business done by the utility in the municipality
during the preceding year; and, for the first year's...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-51-129.htm - 1K - Match Info - Similar pages