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11-50-142
Section 11-50-142 Passage of resolution by governing body providing for sale, lease, etc. Before
any sale, lease, or disposition of an electric light plant, gas plant, or waterworks plant
of any city or town shall be made, the board of aldermen or other governing body shall pass
a resolution declaring it to be, in the judgment of said board of aldermen or other governing
body, to the best interests of the city or town that the electric plant, gas plant, or waterworks
plant of such city or town shall be sold, leased, or disposed of and shall fix in said resolution
the minimum price at which the sale, lease, or disposition should be had. (Acts 1909, No.
212, p. 253; Code 1923, §2060; Code 1940, T. 37, §377.)...
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11-50-143
Section 11-50-143 Ordering of special election for authorization of sale, lease, etc. After
the passage of said resolution, the said board of aldermen or other governing body shall order
a special election to be held at which all the voters in said city or town, who are qualified
voters under the laws of this state may vote on the proposition of whether such sale, lease
or other disposition of such electric plant, gas plant, or waterworks plant shall be authorized.
(Acts 1909, No. 212, p. 253; Code 1923, §2061; Code 1940, T. 37, §378.)...
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11-50-150
Section 11-50-150 Execution of sale, lease, etc., by governing body and terms thereof. If the
result of such election shall be in favor of a sale, lease, or disposition of the plant, the
board of aldermen or other governing body of the city or town may proceed to sell, lease,
or dispose of the electric light plant, gas plant, or waterworks plant owned by such city
or town at a price not less than the minimum price fixed as provided in Section 11-50-142,
and upon such terms and time of payment as to the said board of aldermen or governing body
may seem best, but if there are deferred payments, the same must be secured by a lien on the
plant sold or disposed of. (Acts 1909, No. 212, p. 253; Code 1923, §2068; Code 1940, T. 37,
§385.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-150.htm - 1K - Match Info - Similar pages
11-50-141
Section 11-50-141 Authorized. When any city or town in this state is or may be the owner of
any electric light plant, gas plant, or waterworks plant and the board of aldermen or other
governing body of such city or town deems it to be to the best interest of such city or town
and the inhabitants thereof to sell, lease or dispose of such electric light plant, gas plant,
or waterworks plant, such sale or disposition may be made as provided in this article. (Acts
1909, No. 212, p. 253; Code 1923, §2059; Code 1940, T. 37, §376; Acts 1969, No. 635, p.
1164.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-141.htm - 872 bytes - Match Info - Similar pages
11-89A-2
of Section 11-89A-3, that authorizes the incorporation of an authority. (4) BOARD. The board
of directors of an authority. (5) BONDS. Bonds, notes, or other obligations representing an
obligation to pay money. (6) COSTS. As applied to a facility or any portion thereof, such
term shall include all or any part of the cost of construction, acquisition, alteration, enlargement,
extension, reconstruction, improvement, and remodeling of a facility, including all lands,
structures, real or personal property, rights, rights-of-way, franchises, easements,
permits, approvals, licenses, and certificates and interests acquired or used for, in connection
with or with respect to a facility, the cost of demolishing or removing any buildings or structures
on land so acquired, including the cost of acquiring lands to which such buildings or structures
may be moved, the cost of all machinery and equipment, financing charges, underwriters' commissions
or discounts, interest prior to, during, and...
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11-97-2
The board of directors of a corporation. (4) BONDS. Bonds, notes, or other obligations representing
an obligation to pay money. (5) CORPORATION. Any public corporation organized pursuant to
the provisions of this chapter. (6) COSTS. As applied to a facility or any portion thereof,
shall include all or any part of the cost of construction, acquisition, alteration, enlargement,
extension, reconstruction, improvement, and remodeling of a facility, including all lands,
structures, real or personal property, rights, rights-of-way, franchises, easements,
permits, approvals, licenses, and certificates and interests acquired or used for, in connection
with or with respect to a facility, the cost of demolishing or removing any buildings or structures
on land so acquired, including the cost of acquiring lands to which such buildings or structures
may be moved, the cost of all machinery and equipment, financing charges, underwriters' commissions
or discounts, interest prior to, during, and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-97-2.htm - 10K - Match Info - Similar pages
11-50-265
Section 11-50-265 Transfer of gas plant or system to waterworks board; sale or transfer of
plant or system by board to utility regulated by state Public Service Commission. (a) Every
city or town now or hereafter owning and operating a municipal gas plant or distribution system
and in which municipality a waterworks board is now or hereafter incorporated under the provisions
of Division 1 of this article is hereby authorized to transfer and convey such gas plant or
system or both to such waterworks board pursuant to the provisions of an ordinance theretofore
duly enacted by the governing body of such city or town and without the necessity of authorization
at an election of the qualified voters thereof; provided, that if at the time of such transfer
the city or town has outstanding any bonds or other obligations payable from or secured by
the revenues or earnings of such gas plant or system, it shall be incumbent upon the waterworks
board of such city or town to pay the amount thereof...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-50-265.htm - 2K - Match Info - Similar pages
11-44E-52
Section 11-44E-52 Grant of franchise; lease, or right to use streets, etc.; transfer of waterworks,
sewer, electric, or gas plant and system to board or public corporation. No resolution, bylaw,
or ordinance granting to any person, firm, or corporation any franchise, lease, or right to
use the streets, public highways, thoroughfares, or public property of the city organized
under the provisions of this chapter, either in, under, upon, along, through, or over same
shall take effect and be in force until 30 days after the final enactment of same by the commission,
and publication of said resolution, or ordinance in full once a week for three consecutive
weeks in some newspaper published in the city, which publication shall be made at the expense
of the persons, firms, or corporations applying for the grant. Pending the passage of any
such resolution or ordinance, or during the time intervening between its final passage and
the expiration of the 30 days during which publication shall be...
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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...
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11-50-390
(1) MUNICIPALITY. Any incorporated city or town in the State of Alabama. (2) GOVERNING BODY.
The council, commission, or other governing body of such municipality. (3) MAYOR. The mayor,
president, or chairman of the commission or other chief executive officer of such municipality.
(4) GAS TRANSMISSION SYSTEM. A plant and system for the manufacture, transmission, delivery,
and transportation of natural or manufactured gas, together with all appurtenances thereto
and all property, real, personal, or mixed, used or useful in connection therewith,
including franchises and easements. Such gas transmission system shall include facilities
for making sales and deliveries of gas to industrial and institutional users and to line tap
residential and commercial users as well as to gas distribution systems. (5) GAS DISTRIBUTION
SYSTEM. A plant and system for the distribution and sale of gas and gas services in a municipality
and the surrounding territory, including the sale and distribution...
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